Dexter Realty

New(er) Home Resale Report: September 2024. Words By Manraj Dosanjh. Plummeting housing starts, decreasing interest rates, strong development incentives and changes to insured mortgages make today an ideal time to invest. Visit the link to read the full article with REW.

Today is the final day of voting for the Provincial election - Don't forget to visit your local polling station to cast your vote! Not sure where your to go? Visit the link in bio to learn more. #vote #electionsBC #yvr #yvrrealestate

The Inception Group team are proven real estate experts in Vancouver, with over 22 years of combined experience serving clients across the lower mainland. Clarence and Nickola have a deep understanding of the local market, including trends, pricing, and property inventory, and are well-versed in land development subdivisions. They are committed to ethical and professional behaviour, always putting their client's best interests first. With valuable insights and advice, Inception Group helps clients make informed decisions to achieve their real estate goals. Keep in touch with Clarence Lowe* and Nickola Dawn by following @inceptiongroupds for all of their updates. ⁠ #yvrre #vanrealtor #vanre #BCRE #vancityrealestate #yvrrealestate #yvrrealtors #yvrrealtor #vancouverre #vancouverrealestate *Personal Real Estate Corporation

Home is where the heart is, and there’s nothing like gathering with family this Thanksgiving. 🏠❤️ Wishing you all a warm and joyful holiday filled with love and gratitude. Happy Thanksgiving from the Dexter Family! #yvrre #vanrealtor #vanre #BCRE #vancityrealestate #yvrrealestate #yvrrealtors #yvrrealtor #vancouverre #vancouverrealestate #Thankful #HomeSweetHome

Wishing a warm congratulations to our Top Selling agents this September! 🏠️ Our Dexter agents are always happy to help. #yvrre #vanrealtor #vanre #BCRE #vancityrealestate #yvrrealestate #yvrrealtors #yvrrealtor #vancouverre #vancouverrealestate

Congratulations to our Top Listing agents for September! ⚡️ Reach out to one of our Dexter agents anytime if you are thinking about listing your home. Great job, everyone! #yvrre #vanrealtor #vanre #BCRE #vancityrealestate #yvrrealestate #yvrrealtors #yvrrealtor #vancouverre #vancouverrealestate

Today is World Mental Health Day, a reminder that mental health is just as important as physical health. Take a moment to check in with yourself and those around you. 🧠💙 Learn more about mental health and find helpful resources at the Canadian Mental Health Association website - cmha.ca #WorldMentalHealthDay #MentalHealthMatters

Bond yields have gone up 28 basis points since our last meeting. This is the first time we’ve seen bonds climb in early July. Fixed rates will not increase but discounts will slow down. Bank of Canada will cut rates again- but how much? October 23 and December 11 are the remaining BOC meetings this year. It is widely believed throughout the marketplace that they will cut the rate by 0.25% at each of these meetings. This would result in mortgage prime in Canada of 5.95% by the Holidays. As always, thank you so much to Stephen and Jerry Jackman for their insights. @think.mortgages⁠ info@thinkmortgages.com⁠ thinkmortgages.com⁠ #MarketUpdates #MortgageRates #FinancialInsights #housingmarketupdate #homeselling #realestateinvesting #realestateagent #yvrre #vanrealtor #vanre #BCRE #vancityrealestate #yvrrealestate #yvrrealtors #yvrrealtor #vancouverre #vancouverrealestate

Market Insights Report: 
September 2024. Words by Kevin Skipworth. September 2024 brought on promises and more promises.

September 2024 brought on promises and more promises. The Bank of Canada dropped their interest rate for the third consecutive time and by the end of the month the U.S. went ahead with their first rate cut – jumping right in with a half point drop. We’re now expecting a half point drop by the Bank of Canada in October based on the latest economic data. And if that wasn’t enough, the province is heading to the polls later in October with promise after promise from the incumbent NDP government and challenging Conservatives. Is it any wonder that buyers are waiting to see what happens? That was the tone of buyers in September, all while sellers jumped back into the market with another rush of listings. Highlights of Dexter’s September 2024 report 🏦 Bank of Canada should cut its rate by 0.5% this month 📉 5th straight month of declining sales in Metro Vancouver 📈 Highest number of Vancouver condo listings since 2012 ⏰️ Buy now before everyone else does when the rates come down further As we move through October, election rhetoric and interest rate relief will be a distraction for many buyers. Affordability will continue to be the word thrown around by the two main parties in B.C. when referencing housing, but with so many regulations put in place by the current government, supply suffers at the hands of so many restrictions. Even with the promise to build more, we are still left with the question of how that’s going to happen. Visit our website for previous reports or talk to your local Dexter agent about how they can help you with your real estate goals. ⁠ ⁠ #yvrre #vanrealtor #vanre #BCRE #vancityrealestate #yvrrealestate #yvrrealtors #yvrrealtor #vancouverre #vancouverrealestate