Bank of Canada Interest Rate Announcement -
June 1, 2022

As expected, the Bank of Canada raised its overnight policy rate by 0.5 points to 1.5 per cent. In the statement accompanying the decision, the Bank noted that inflation will likely move higher in the near term before beginning to ease later this year. That inflation is occurring against the backdrop of strong Canadian economic activity, widespread labour shortages and strengthening wage growth. While housing activity is moderating, consumer spending is robust and the Bank judges the Canadian economy is clearly operating in excess demand. As a result, the Bank judges that rates will still need to rise further to achieve its 2 per cent inflation target.

The overnight rate is now within

Beautiful Heavily Wooded Property

Welcome to 4815 Schooner Way on breathtaking Pender Island.

This beautiful heavily wooded property boasts over 8 sprawling acres with a fresh spring stream running along the front of the property.  

Many building sites and opportunities plus huge value in the lumber.  

This property would be best suited for someone who wants privacy and the charm that the island offers.  

Just a short stroll to Medicine Beach and its market and Magic Lake, a truly idyllic opportunity to live a peaceful life.  

There is already power to the property and a small legal non-conforming cabin with power, propane, and a wood stove.

The well always has an abundance of water.  

Enjoy the mature forest, and all the

Freshly Updated Fernwood Apartment

Welcome home to the well-managed Sterling Mews Strata condos, a boutique, 21-unit complex in the sought-after Fernwood community.

You’ll feel like you stepped into a house with an open floor plan, a large living room featuring a cozy gas fireplace, a formal dining room, and a generous kitchen with tons of counter space & cabinets for storage.

It even has a sun-drenched kitchen nook, overlooking lush greenery, for you to enjoy your first cup of morning coffee.

This little beauty is over 1000sq ft, including the well-appointed primary bedroom with a 4 pc ensuite bath & walk-in closet.

The second bedroom is also a great size & is across from the main 4-piece bathroom. From carpets to appliances

3 level 9 Bed 3 bath centrally located walk to amenities! 

Upgraded 3 level 9 bed, 3 bath home, currently all rooms rented on 2 floors with small residents quarters on top level!

Newer perimeter drains, furnace, roof, 200 amp plus 60 amp services, plumbing and main sewer line replaced, wiring redone, and front lawn sprinkler system.

This 1924 character home has lane access from Burnside Rd.

Use this home for extra income or for extended families.

Country kitchens on main and lower floors with a smaller one on top level, a nice front porch to relax on this lovely tree-lined street, and 2 back porches.

Lots of parking at the rear and easy access from the back lane.

Walk to all amenities, on bus route and 2 malls close by. So

Canadian Retail Sales (March 2022) - May 26, 2022

Canadian seasonally-adjusted retail sales were largely flat in March, hitting $60.1 billion. Despite declining sales at motor vehicle and parts dealers (-6.4 per cent), higher sales in all other subsectors resulted in no net change month over month. Core retail sales, which strips out gasoline and motor vehicle and parts dealers, increased 1.5 per cent in March. In volume terms, sales were down 1 per cent. 

In BC, seasonally-adjusted sales declined 0.5 per cent in March. Compared to the same month last year, retail sales were up 0.6 per cent in the province. In the Greater Vancouver region, sales fell 0.8 per cent month-over-month and were up 6.2 per cent year-over-year. 

In March,

Top-floor Spacious Open Concept Design

Welcome to unit 405 at the highly coveted Residences at the Tripple Crown Development.  

This top-floor spacious open concept design built in 2018 offers all the bells and whistles.  

With vaulted ceilings, custom cabinetry, quartz countertops stainless appliances, hot water on demand, in-suite laundry, a cozy fireplace, and VRF heating and air conditioning.  

On the quiet side of the building with complete privacy and views of the mountains beyond yet surprisingly close to all amenities and only steps away from Costco and Millstream Shopping centre.  

There is also a large patio to enjoy in this pet and child-friendly building.

Offering underground parking, storage, bike storage, and even

Sooke Acreage with 2 homes!

Welcome to 3412 Otter Point Road.

Multi-Generational properties like this don't come along that often!

This property contains 2 homes and is one of the few properties out there that is zoned for 3!

Just minutes past Sooke you will find this country living acreage with 2 detached houses, a separate shop, and chicken coop.

When you turn off Otter Point road onto this 2.8 acres, you will be impressed with the greenery and the feeling of being in the middle of the forest.

Very few properties give you a rental with the privacy of a completely separate home.

Down the driveway, you will find the main house, which is a 3 bedroom 2 bathroom rancher with large rooms and lots of natural light.

Past the

Beautiful Family Home and Community

Nestled in a wonderful family-orientated community this pristine 3bd, 3bth, 2013 Built, Modern Arts & Craft Home is sure to impress!

The main level offers an open concept design, great for entertaining, a living room with cozy gas FP, a dining area, and a 2pc bath.

The spacious kitchen with granite counters & tile mosaic backsplash, solid wood cabinets with soft close drawers/doors, opens to the sunny West facing fully landscaped and fenced back yard is perfect for kids/pets and entertaining.

The fantastic patio area is made private by a grapevine lattice wall and includes raised garden beds, pear and plum trees, and a very convenient single-car garage.

The upper level offers a 4pc bath, laundry

Heron View 3 bed 3 bath executive townhome 1 year young in Sooke

Entering this bright executive townhome is a delight!

Open Great room plan lives like a rancher and is perfect for entertaining family and friends.

Manufactured marble counters and working/eating Island with power, under cabinet lighting, large pot drawers, upgraded appliances including gas stovetop and grill cooking and Bosh dishwasher, garburator, and double deep sinks.

Vaulted great room with gas fireplace, DC ceiling fan, and access to the deck.

Dining area with a niche for a special piece of furniture.

Principal bedroom with large walk-in shower on the main! Engineered hardwood floors are timeless!

Upper floor offers 2 more bedrooms and an office or 4th

Amazing Shop, Home, and Suite!

Welcome to 7200 Seamount Close, a highly desirable and quiet location, close to schools, parks, buses, ferry terminals, the airport, and the city of Victoria.

With an array of recent additions and upgrades, this corner lot property has so much to offer!  

A thoroughly maintained home with a newly updated kitchen, beautiful solid hardwood flooring, a high-quality metal roof, a spacious sundeck, and a secondary suite to help with your mortgage.

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