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The world’s largest money manager is revising its expectations for the Bank of Canada’s policy tightening path. BlackRock Inc. no longer sees the BOC raising interest rates at the conclusion of its July 11 meeting, after Governor Stephen Poloz struck a dovish tone during Wednesday’s highly anticipated speech. The shift echoes a similar change in […]

Welcome Connor Johnson to the Faith Wilson Group. Connor comes to us from Sutton Group West Coast Realty and will be joining our brokerage effective today. Born and raised in British Columbia, Connor has lived in Vancouver for the majority of his life. When he’s not working, you can find Connor hanging out with his […]

The theme of monetary policy divergence re-emerged somewhat in April as the Bank of Canada and Bank of England sounded a bit more dovish while investors are increasingly convinced the Fed will continue with steady rate hikes.

Christie’s International Real Estate expands global footprint with new Affiliate in Vancouver, British Columbia – Faith Wilson Realty Group

Bank of Canada holds interest rateRead the official statement: Here’s the statement from the Bank of Canada on its rate decision for Wednesday, March 7, 2018. The Bank of Canada today maintained its target for the overnight rate at 1 1/4 per cent. The Bank Rate is correspondingly 1 1/2 per cent and the deposit […]

Faith Wilson Group 4th Quarter 2017 Westside Property Insights Detached houses KEY INSIGHTS More than 1,000 detached houses sold on the Westside in 2017 at a benchmark price of around $3.5 million. Anywhere else in the world, such a multi-billion dollar performance in a relatively small area would be considered outstanding, perhaps historical. But this […]

Over the past year we have heard and seen a lot of political action and public angst about foreign-home buyers in Metro Vancouver. Since an unprecedented move last August, foreign buyers of homes in the region have been subject to a heavy-handed 15 per cent tax on their purchase. Yet Statistics Canada recently confirmed that […]

Faith Wilson Group’s City of Surrey & Delta November 2017 Key Insights Detached houses KEY INSIGHTS While the strata sector is drawing most of the attention in Metro Vancouver, Surrey-Delta detached house sales are quietly leading the entire Metro market. In November 353 houses sold in Surrey-Delta. This is more than all the detached house […]

Faith’s November Insights for North Vancouver Detached houses KEY INSIGHTS Watch Canyon Heights and Upper Capilano detached house prices. The District is moving forward on zoning that will allow 130 lots in the area to be split into 197 lots. The zoning goes to a public hearing in January, but seems to have the necessary […]

Faith’s November 2017 Tri-Cities Housing Marketing Breakdown Townhouses KEY INSIGHTS The Tri-Cities townhouse market was extremely active in November, with sales up 35.3% from November 2016, the typical new listing selling within 12 days and prices rising from October in most neighbourhoods. Buyers may be really onto something because, based on recent Tri-City land sales […]