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Blog by Mario Felicella - Sutton Group Westcoast Realty

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Interest rate hikes could be on the cards

October 31st, 2012
Bank of Canada governor Mark Carney is suggesting interest rates will likely rise before the end of 2014.

It’s one of the clearest indications Carney has given as to when he might raise the bank’s key benchmark, which has been held at one per cent for more than two years.

Responding to a question in the Commons finance committee Tuesday afternoon, the bank governor said the bank’s cur ...

Why first-time homebuyers should ignore the market and focus on affordability

October 29th, 2012

First-time homebuyers should ignore market fluctuations and focus on what they can afford over the long term regardless of the purchase price, says Farhaneh Haque, director of mortgage advice at TD Canada Trust.

It's never a good idea to try to time your home-buying decision based on what the market is doing, Haque said. What really matters is when you're ready to buy and if you ca ...

Bank of Canada holds interest rate at 1%

October 23rd, 2012
The Bank of Canada is keeping its trendsetting policy interest rate at one per cent for a while longer, and likely a whole lot longer.

The central bank said the Canadian economy continues to expand, but that housing activity is starting to decline and exports remain weak.

Still, the bank said growth will average 2.2 per cent this year, one-tenth more than it had projected in July.

Analysts h ...

Central Coquitlam Open House!

October 18th, 2012

We are proud to announce that this Oct 21st, 2:00 PM to 4:00 PM we will be hosting an Open House at 2050 MONTEREY Ave in the Central Coquitlam neighborhood, Coquitlam. This is an opportunity to visit this excellent House for sale in beautiful Central Coquitlam.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Central Coquitlam House for sale. ...

Vancouver real estate numbers drag down national average

October 16th, 2012
A slowdown in real estate sales numbers in Vancouver, particularly in single-family homes worth more than $1 million, dragged down the country’s average home price in September, the Canadian Real Estate Association said Monday.

In Metro Vancouver, the average home price was down 3.8 per cent in September from a year earlier, which CREA said skews the national average price, which was ...

Canada's home sales rise for first time since March

October 15th, 2012
The Canadian Real Estate Association says there was a slight improvement in the resale housing market last month, although it’s still slower than a year ago — mainly due to a slowdown in Vancouver.

The association said Monday sales in September were up 2.5% from August — the first month-to-month gain since March.

Compared with September 2011, however, the number of deals across the country ...

Seymour Open House!

October 10th, 2012

We are proud to announce that this Oct 13th, 2:00 PM to 5:00 PM we will be hosting an Open House at 302 SEYMOUR RIVER Place in the Seymour neighborhood, North Vancouver. This is an opportunity to visit this excellent Townhouse for sale in beautiful Seymour.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Seymour Townhouse for sale.

As always ...

Seymour Open House!

October 10th, 2012

We are proud to announce that this Oct 14th, 2:00 PM to 5:00 PM we will be hosting an Open House at 306 SEYMOUR RIVER Place in the Seymour neighborhood, North Vancouver. This is an opportunity to visit this excellent Townhouse for sale in beautiful Seymour.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Seymour Townhouse for sale.

As always ...

Seymour Open House!

October 10th, 2012

We are proud to announce that this Oct 13th, 2:00 PM to 5:00 PM we will be hosting an Open House at 306 SEYMOUR RIVER Place in the Seymour neighborhood, North Vancouver. This is an opportunity to visit this excellent Townhouse for sale in beautiful Seymour.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Seymour Townhouse for sale.

As always ...

Central Coquitlam Open House!

October 10th, 2012

We are proud to announce that this Oct 14th, 2:00 PM to 4:00 PM we will be hosting an Open House at 2050 MONTEREY Ave in the Central Coquitlam neighborhood, Coquitlam. This is an opportunity to visit this excellent House for sale in beautiful Central Coquitlam.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Central Coquitlam House for sale. ...

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