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As of August 2025, a noticeable shift is underway in the housing markets of Abbotsford, Surrey, and Edmonton. With inventory levels rising, sales volumes cooling, and the Bank of Canada holding its key rate at 2.75%, conditions are starting to favour buyers after years of market imbalance. This moment—between the summer slowdown and fall’s potential...

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On July 30, 2025, the Bank of Canada left its overnight rate unchanged at 2.75%, extending its cautious approach to monetary policy for a third consecutive meeting. The central bank’s statement emphasized a “data‑dependent” stance, keeping the door open for future rate cuts if inflation cools further or economic growth stalls. For many Canadians—especially homeowners...

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Canada’s housing market is rebounding in mid‑2025. After a prolonged slowdown, home sales surged by 3.6% from April to May, marking the first increase since November 2024. Meanwhile, prices have remained largely stable, with the national average near $691,300 and the MLS® Home Price Index holding steady. This shift—from cooling to balance—presents a key opportunity...

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With the Canadian housing landscape experiencing significant economic adjustments in 2025, mortgage holders are increasingly exploring mortgage transfers as a strategy to optimize their financial positions. This is especially true in regions like Abbotsford, Surrey, and Edmonton, where homeowners are searching for smarter, more flexible ways to manage their debt amid rising living costs and...

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As the Bank of Canada begins to ease its monetary stance in 2025, homeowners across British Columbia — particularly in Abbotsford, Surrey, and the broader Fraser Valley — are reassessing their mortgage strategies. After years of elevated rates, a cooling inflation trend and modest cuts have brought some relief to the lending environment. But with...

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