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Mortgage Broker News | 31 Oct 2013, 12:00 AM Agree 0
In a report issued by the Bank of Montreal on Wednesday, the bank assured industry professionals the housing market in British Columbia has achieved a soft landing following a concerning sales drop early in the year.
  • DB | 31 Oct 2013, 03:00 PM Agree 0
    What rising interest rates? The BofC just stated a protracted slow growth rate until 2016. Prices are still correcting to the downside, but market sales have increased. This is just a "normal" market. Good for both buyers and sellers providing they are pricing themselves realistically in the market. This is a way better market than a run up or hard landing. At least you can work it knowing the direction its taking.
  • JJ | 05 Nov 2013, 10:50 AM Agree 0
    Just a heads up, I only quoted the paragraph below my name. Not sure who did the rest.

    The interest rates did raise substantially from Summer to Fall likely causing a temporary jump in business.

    I agree that we are in a pretty normal market now, it's kinda nice!
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