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interest rate pause

August 2024 Real Estate Market Update: A Slowdown in Fraser Valley

The Fraser Valley real estate data for August 2024 hasn't shown the encouraging signs that many hoped for, particularly following recent interest rate drops, which have yet to make a significant impact on the market. I have explained the reason for this phenomenon in my blog here. Stagnant Prices in Fraser Valley Prices across the Fraser Valley have remained largely unchanged compared to July 2024,...

Interest Rate Pause: Real Estate’s Golden Opportunity in a Shifting Landscape

The financial world is never short of twists and turns, and the latest one is sure to leave you intrigued. Picture this: a pause in interest rate hikes, as expected. But why did it happen, and what does it mean for the real estate market? Let's dive into the details. The Backstory: Weakening Economy and Rising Unemployment Before we get into the juicy bits, let's rewind a little. The stage was...

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