News

Kevin Falcon, Leader of BC United Speaks with Brokers of Century 21

Posted on Mar 06, 2024



What a great visit we had on Tuesday with KEVIN FALCON, leader of BC UNITED party.

We were excited to have Keven Falcon, the leader of the BC United party to join in on our C21 brokers zoom meeting to discuss the current housing situation and the BC United’s platform for the future of British Columbia. 

We at Century 21 understand the housing challeng...

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Bank of Canada Interest Rate Announcement

Posted on Mar 06, 2024



The Bank of Canada maintained its overnight rate at 5 per cent this morning. In the statement accompanying the decision, the Bank noted that economic growth is slow, wage pressures are easing, and the economy overall appears to be in a state of modest excess supply. On inflation, the Bank cited that shelter costs remain the largest contributor to i...

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2024 BCREA Mortgage Forecast

Posted on Dec 13, 2023


Highlights

  • Benchmark five-year bond yields tumbling, fixed mortgage rates to follow.
  • The Canadian economy slowed sharply in the third quarter.
  • The Bank of Canada is set to cut in 2024, but how much and how fast?

Mortgage Rate Outlook

After hitting a 15-year high in late fall, long-term Canadian bond yields have been tumbling to finish the year as financ...

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3rd Quarter Real Estate Update

Posted on Oct 04, 2023

With the fall market upon us, the Princeton and Keremeos real estate markets continue to exhibit distinctive trends. Here is a snapshot of the key statistics for each community in the Similkameen Valley:

Princeton Market Update




Currently, there are 119 active listings in the Princeton area, providing prospective buyers with a variety of options to ex...

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Princeton & Keremeos mid-year Market Snapshot 2023

Posted on Jul 04, 2023

Welcome to our real estate blog, where we provide regular updates on the housing markets of various communities. In this mid-year snapshot, we'll explore the year-to-date statistics for Princeton and Keremeos in British Columbia, highlighting key trends and insights. Whether you're a prospective buyer, seller, or simply interested in the local real...

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Changes Made to The Foreign Buyer Ban

Posted on Mar 30, 2023


The Government Amends the Prohibition on the Purchase of Residential Property by Non-Canadians Act Regulations



The federal government, in collaboration with varies organized real estate sectors, has announced changes to the regulations that guide the foreign homebuyers ban. They are effective as of March 27th, 2023.  

The amendment areas are as follows...

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