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2015 Market Update
Enjoy a short video giving you the general market conditions for the Greater Vancouver as seen by Cameron Muir of the British Columbia Real Estate Association for the month of January and a quick overview for the end of 2014.
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Interest Rate Move
 The Bank of Canada announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent. This decision is in response to the recent sharp drop in oil prices, which will be negative for growth and underlying inflation in Canada. Read more
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Getting Out Of The Gate Early
If  you have been considering listing your home for sale, you may want to take advantage of the lower than average inventory and interest rates as we move into the Spring Market. It's always about "supply and demand" and right now there appears to be more Buyers than Sellers in our local market which trends toward a "Sellers Market"
The listing graph below shows a similar trend year over year with the peaks being the Spring and Fall markets. If you are in a position to choose the time you move, it will serve you well to be strategic with timing when listing your home.
North Vancouver Listing Count Trends West Vancouver Listing Count Trends
 
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Thoughts of the Month
"I am not a saint, unless you think of a saint as a sinner who keeps on trying"
.- Nelson Mandela - 1918-2013,
"If we worked on the assumption that what is accepted as true really is true, then there would be little hope for advance."
Orville Wright - 1871-1948,
Nothing is impossible, the word itself says, 'I'm possible"
- Audrey Hepburn - 1929-1993,
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For Our Art Lovers!
It's my with great pride to announce that my sister Gina will be showcasing a collection of her artwork at the North Vancouver Community Arts Council's presentation of "Cerulean" beginning January 29th to February 24th.
Come out and enjoy  a group exhibition that highlights abstract paintings in diverse styles and approaches, playing with the creative use of the colour cerulean.
Grand opening January 29th from 7-9 pm
North Vancouver Community Arts Council
333 Lonsdale Avenue
North Vancouver
More info
For more information on Gina's artwork visit her website at www.ginamiller.ca
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