Amanda Milford Personal Real Estate Corporation

White Rock/ South Surrey Real Estate Market Update November 2023

Posted on Nov 15, 2023 in Monthly Market Updates

I filmed this from my fabulous listing, 81 350 174 St, an executive townhome with a primary bedroom on the main and a west-facing private patio. You want to see this one!

In October, sales and new listings experienced another decline as consumers remained cautious due to the impact of elevated interest rates. The Fraser Valley region, specifically...

October South Surrey/White Rock Market Update

Posted on Oct 17, 2023 in Monthly Market Updates

I filmed this market update from my home and had my pug, Cocoa join me. Please watch and enjoy her showing off for the camera!
Narinder Bains, Chair of the Fraser Valley Real Estate Board, remarks on the current market conditions: "With inventory levels experiencing a gradual and consistent upswing, alongside a deceleration in sales, what we are wit...

June Monthly Market Update

Posted on Jun 12, 2023 in Monthly Market Updates

The economy and inflation are still too strong for the Bank of Canada's liking, according to Benjamin Tal from CIBC. As a result, the Bank of Canada has increased its target for the overnight rate to 4.75%, with the Bank Rate at 5% and the deposit rate at 4.75%, and this will undoubtedly have a ripple effect on the housing market.

The primary driver...

May Monthly Market Update

Posted on May 08, 2023 in Monthly Market Updates

I filmed this on a street I used to drive down every day to my kid's elementary school. It's always been one of my favourite streets in the springtime. We have lower inventory levels than usual but Buyers are active finding opportunities in the our area. Prices have remained strong, leading sellers to increase inventories in the coming months as th...

April Monthly Market Update

Posted on Apr 12, 2023 in Monthly Market Updates

I filmed this at my listing 13 14888 24 Ave. I feel like I had stepped back in time when I walked in there for the first time. It is SOLD now!
The bank of Canada decided to hold its interest rate steady at 4.5% today while the impact of its previous rate hikes filters down through the economy. Canada’s inflation rate for March is to be released nex...

March Monthly Market Update

Posted on Mar 08, 2023 in Monthly Market Updates

Happy International Woman’s Day! You are all amazing!
The Bank of Canada kept its main interest rate unchanged today, the first time it has done so in about a year, arguing that economic data point to inflation sharply decelerating this year toward its 2% target. What good news!
Listings have increased marginally by 6% year on year, but to put it int...

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