BurnabyHouses.com

Yesterday was the last day of my term as a director with the Real Estate Board of Greater Vancouver.

It was a great three years of strengthening good governance within organized real estate in Canada.

https://dailyhive.com/vancouver/buchanan-west-brentwood-town-centre-redevelopment-burnaby

12 towers with 6,000 homes proposed near SkyTrain Gilmore Station | Urbanized Just north of SkyTrain Gilmore Station, the City of Burnaby is considering Buchanan West, a major redevelopment with 12 towers.

Bank of Canada raises key interest rate for eighth time, to 4.5 per cent.

Bank of Canada raises key interest rate for eighth time, to 4.5 per cent. What you need to know For the first time, the Bank will publish the minutes of its internal debate that led to Wednesday’s decision.

Don't let rising interest rates bring you down in 2023.

Sure, rising interest rates drive most of us crazy but what are the benefits?

There are a few potential benefits to rising interest rates:

Higher returns on savings: When interest rates go up, the returns on savings accounts and other fixed-income investments like certificates of deposit (CDs) also go up. This can be a good thing for people who rely on the interest from their savings to help meet their financial needs.

Stronger currency: Higher interest rates can lead to a stronger currency, as foreign investors may be attracted to the higher returns and invest more in the country's bonds. This can be beneficial for a country's economy and can also make it more attractive for tourists.

Controlled inflation: Higher interest rates can help control inflation by making borrowing more expensive and slowing down the rate of economic growth. This can help to maintain the value of money.

Reduced risk of financial instability: Higher interest rates can also reduce the risk of financial instability by making it more expensive for people and businesses to borrow money. This can help to prevent excessive borrowing and the kind of financial bubbles that can lead to economic downturns.

If you'd like to chat more about this or have any real estate questions, please feel free to give me a call anytime.

Jason Wood
Stonehaus Realty
778.706.0670

Daily Hive: Open to everyone: 11 photos of SFU Burnaby's massive new dining hall | Urbanized.

Open to everyone: 11 photos of SFU Burnaby's massive new dining hall | Urbanized After more than two years of construction, the massive new Dining Commons at the SFU Burnaby campus is now officially open.

WANTED!

We are seeking Commercial & Industrial properties in the Lower Mainland. Strip Malls, Shopping Centres, Commercial Warehouses, Industrial Buildings & Complexes.

If you are looking to sell your Commercial or Industrial property, please send us a DM or call/email us at 778-706-0670 [email protected].

Just Listed!

Brand new and rare North West facing, ground-floor 1 bedroom + Den unit with covered and spacious patio in "The Oaks" development by Strand.

Unit comes with 1 parking and storage locker + bike room.

This property is packed full of amenities such as residents lounge, workplace, fitness studio, theatre, spin studio & games room.

The exterior of this property features over half an acre of courtyards sporting a wellness walking path, gardens, play area, & bbq space.

https://www.realtor.ca/blog/renovations-you-should-always-leave-to-the-pros/26614/1363

Renovations You Should Always Leave to the Pros - REALTOR.ca Blog When it comes to home renos, knowing when to hire a professional is essential.

Just Listed!

Rarely available 2 bedroom, 2 bath unit with 2 parking + storage locker. Bright and spacious, South facing upper unit in the Brentwood community, constructed by long time community developer Ledingham McAllister. Central to everything including shopping at the newly constructed and expanding Brentwood mall, all major banks, grocery, Brentwood Skytrain station and so much more. Highly desirable, make an appointment today to view.

Daily Hive: TransLink launches new for-profit real estate development arm | Urbanized.

TransLink launches new for-profit real estate development arm | Urbanized TransLink will launch a new for-profit real estate development arm to generate revenue and ridership to support transit services.

Join us!