Mindblown: a blog about philosophy.
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New Listing: 2921 LAURNELL CRESCENT
WOW!!! Just under 1/2 an acre in Central Abbotsford!!! Designated Urban 3-Infill Zoning (carriage home? Garden suite? Subdivide?) take advantage of this 3067 sq ft, 5 bedroom plus den, 3 bathroom home with ample room for all the toys. Separate entrance makes the basement easily suitable. Great open layout, recent updates, huge kitchen, and laundry…
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BC Homes: Stable Today, Affordable Tomorrow?
BC housing assessments hold steady across most areas, with Metro Vancouver single-family homes hovering just above $2M. While values stabilize, affordability concerns simmer as interest rate drops could spark increased buying activity with limited housing supply.
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Bank of Canada isn’t sure when it will be able to start cutting interest rates
The Bank of Canada is uncertain about when it can start cutting interest rates due to ongoing high and broad-based inflation. The central bank is concerned about the persistently high inflation and the rapidly rising cost of shelter, which is the primary driver of above-target inflation. While a rate cut is expected, the timing remains…
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B.C’s Affordable Housing Vision
BC Housing and OMAHS seek permits for 48-unit affordable housing project on Kneller Road. Joint application was submitted after unanimous city council support more than a year ago.
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Happy Family Day
In some families, it’s a day to spend time playing in the snow, building snowmen, or having snowball fights. Some families take advantage of the long weekend to have a "staycation" and enjoy the activities in their own city or town. Take advantage of this wonderful time of year to reinforce your family bonds. Wishing…
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BC’s 2024 Construction Outlook Remains Strong
Construction Optimism in British Columbia Despite challenges, construction contractors anticipate a busy 2024. Labour Shortages, a Concern Skilled worker shortages continue to be a significant challenge in the industry.
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B.C. home sales report first gain in six months as retail sales slow
Home sales in B.C. saw a surprise gain in December 2023, with a 7% increase in MLS transactions. However, average home prices dropped by 1%. Despite the rebound, it's uncertain if this marks a market turnaround. Retail spending in Canada slowed in November, with B.C. experiencing a 0.7% gain. Continue to full article
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Happy Valentine’s Day
Valentine’s Day occurs every February 14 around the world, and candy, flowers and gifts are exchanged between loved ones, all in the name of St. Valentine Valentine greetings were popular as far back as the Middle Ages, though written Valentine’s didn’t begin to appear until after 1400. By the middle of the 18th, it was…
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Bank of Canada to announce interest rate decision today, expected to continue hold
The Bank of Canada is considering when to start cutting interest rates, with the governor stating that the discussion of monetary policy is shifting. The decision to maintain the key rate was expected, and the bank is open to further rate hikes if inflation rises. The central bank is concerned about high inflation, particularly in…
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North Central BC Property Assessments: Market Softening?
2024 property assessment in Prince George and North Central BC indicates single-family home values ↓ 3% yearly to $450K.Conversely, strata residential properties like condos and townhouses saw ↑ 1% yearly to $252K.
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