HomesinChilliwack Blog Posts

Chilliwack Statistics on Sales for the last 3 years

Posted on Jan 24, 2024

This is a live link so the information will update every single day!  

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Overnight Rate HOLDS!?!                Locked in Rates going down!?!

Posted on Dec 06, 2023

This is an article that I received today.  Let me know if you have any comments, questions or concerns.  If you would like to get together to make a plan and strategize your next move, we would love the opportunity to meet with you!  Kelly and Nicole Johnston

The Bank of Canada’s final rate decision of the year is expected to be uneventful, with market...

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BC Government has released the MAXIMUM increase for Landlords

Posted on Sep 11, 2023

Investors, and Homeowners with Tenants!  

This is for you!  Every year the BC Government announces the maximum rental increase that Landlords can impose on tenants.  
Here is the report from Andrew Weichel from CTV NEWS Canada!  

The maximum rent increase B.C. landlords can impose on existing tenants next year has been set at 3.5 per cent, the government a...

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First Time Home Buyers Tax Credit!

Posted on Apr 11, 2023

Here is a little advantage for First Time Home Buyers that just came into effect at the end of 2022. The increase for the claim amount went from $5000 to $10,000 for a maximum deduction depending on income level of $1500 in benefit. Hey its something! Read on for more info. This article gives more clarity to this little advantage! Talk soon - Kelly...

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Lowest Mortgage Rates in Canada

Posted on Apr 07, 2023

Here is an update for April 7, 2023 for the various Interest Rate offerings in Canada at the moment.  
This article was taken from the Globe and Mail and I recieved it in my "Alerts" this morning, so I thought I would share. People are "rate sensitive" right now, but in my experience, these are still pretty good rates! The Home Values have dropped bri...

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Fortis BC lowering GAS COSTS!

Posted on Mar 20, 2023

Thought I would post about this as this is also a factor for the Inflation numbers. Interest rates have risen substantially over the last year to combat our runaway inflation... The Banks have chosen to freeze rates lately which is good news. They are watching the inflation numbers closely to see if it is working. Knowing that Fortis BC has impleme...

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