Bank of Canada Rate Hold: What the March 18 Announcement Means for South Surrey Real Estate Today, March 18, 2026, the Bank of Canada announced it will maintain the policy interest rate at 2.25%. This marks the third consecutive hold of the year, signaling a "wait-and-see" approach as the Canadian economy navigates a complex spring. While the national headlines focus on global energy volatility and trade uncertainty, homeowners and buyers in South Surrey and White Rock... [read more]

February 2026 Market Report: The South Surrey "Spring Thaw" is Underway The official February numbers from the Fraser Valley Real Estate Board (FVREB) are in, and they tell a story of strategic opportunity. While the headlines might focus on "slow seasonal averages," savvy local movers in South Surrey and White Rock are noticing a distinct shift in momentum. The market isn't just "slow"—it’s calibrating. Here is the breakdown of the February... [read more]

South Surrey & White Rock Real Estate 2026: The "Market Reset" You’ve Been Waiting For Are you waiting for the bottom, or is the bottom already here? In early 2026, the South Surrey and White Rock real estate markets have sent a loud signal. For the first time in five years, the "Buyer’s Market" isn't just a headline—it’s the reality on the ground. With benchmark prices for detached homes in the Fraser Valley dipping below $900,000 for... [read more]

Bank of Canada Holds Prime Rate at 2.75% — What It Means for Buyers in the Fraser Valley Real Estate Market The Bank of Canada announced today, July 30, 2025, that it will hold the prime interest rate steady at 2.75%. This marks the third consecutive rate hold, signaling a shift toward stability after over a year of aggressive rate hikes. While economists continue to monitor inflation and global trade impacts, the hold offers an important signal for those navigating the real estate... [read more]

June 5, 2025 – The Bank of Canada has announced that it will hold its key interest rate at 2.75%, signalling cautious optimism while monitoring inflation and economic stability. While the rate remains unchanged for now, real estate professionals and economists alike agree — this could be the turning point that brings renewed confidence to buyers and sellers across the Fraser Valley and South Surrey markets. What Happened: Key Takeaways from the Rate Decision Overnight... [read more]