Wednesday, December 10, 2014

Investing in British Columbia Real Estate


The new year is a great time for Buyers to take advantage of the Bank of Canada's generous interest rates before any upward adjustments occur as the bank forecasts in 2015. Lower oil prices could mean slower growth and more time before the Bank starts raising interest rates but, 2016/2017 could be whole new ball game as economic growth begins to propel people into the British Columbia Real Estate market once again. According to CERI ©, the global demand for Oil and Gas are forecasted to see the beginnings of a steep increase by 2017. The anticipated lack of labour will drive the wages higher. Good jobs and good returns on Oil & Gas investments will create wealth and an ever increasing thirst for British Columbia Real Estate. The buyers at the beginning of a real estate cycle have the least to lose and the most to gain. 
Sally Hollingsworth, REALTOR®
Coldwell Banker Horizon Realty
250-864-7548
www.SallySellsHomes.ca
www.BCResorthomes.com


Thursday, December 4, 2014

Central Okanagan Stats


The November Okanagan Mainline Real Estate Board Statistics are out. Prices rose 4% over last year and listings are lower by 13% on November 2013. 
Contact me if you have Real Estate questions
Sally Hollingsworth
 
For full details visit : http://www.omreb.com/page.php?sectionID=2