Beautifully updated Broadmead rancher

Welcome to 4677 Boulderwood Drive, a beautifully updated Broadmead rancher with a fully finished walk-out basement.

Boasting four bedrooms and laundry on the main level, a very hard-to-come-by floor plan, the bedrooms are designed so they can completely lock off from the living portion of the home for complete privacy.

Everything you need is on the main level so no stairs are needed including the garage.

Tastefully updated with new lights, floors, and paint there’s nothing left to do but move in.

Large floor-to-ceiling windows look out over the yard and deck with an in-ground pool from the spacious living room with a cozy rock fireplace.

Lots of usable space with a large family room, dining

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A Picture Perfect Home in a highly desirable area of Victoria

Welcome to 1687 Pear street, a picture-perfect home in a highly desirable area of Victoria BC only minutes to UVIC and Camosun College.  

Brand new luxury vinyl flooring and coved ceilings impress throughout the open concept family and dining room.  

Large bay windows overlook the spacious front yard with the wood-burning fireplace crackling beside.

The kitchen has been completely redone with gleaming quartz countertops, new stainless steel appliances, and custom cabinetry.  

Offering three bedrooms on the main, a bathroom that has been redone as well as new lighting, windows and window coverings.  

Down is a tastefully designed and very spacious one-bedroom suite

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Canadian Employment (January 2022) - February 4, 2022

Canadian employment declined by 200,000 (-1.0%) in January following seven consecutive months of gains, according to Statistics Canada. Employment losses in January were driven by stricter public health measures implemented to control Omicron in Ontario, Quebec, and in the Maritimes during the survey reference week of January 9 to 15.

In January, youth, core-aged women, and workers in food and accommodation suffered the largest drops in employment. Part-time workers saw steeper losses (-117,000; -3.3%) relative to full-time workers (-83,000; -0.5%). In January, 10% of workers reported being absent from work due to sickness or injury. The Canadian unemployment rate rose 0.5% to 6.5%

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Canadian Monthly Economic Growth (November 2021) - February 1, 2021

The Canadian economy expanded 0.6 percent in November on a month-over-month basis, propelled by strong growth across essentially all sectors. Canadian real GDP is now 0.2 percent above its pre-pandemic, February 2020 level. Preliminary estimates suggest that output in the Canadian economy was essentially flat in December.

At its most recent meeting, the Bank of Canada noted that the slack in the Canadian economy has been largely absorbed. Growth in the economy accelerated in the fourth quarter with real GDP growth tracking at 6.4 percent annualized. Even with an expected Omicron-driven slowdown in the first quarter of 2022, the Canadian economy is clearly on a very strong

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Custom Designed 4 bedroom, 3 bath Home

Located in the prestigious area of Ladysmith, we are so excited to introduce this custom-designed 4 bedrooms, 3 bath home with gorgeous ocean views from the upper level, luxurious high-end finishings, and an additional 1 bedroom, 1 bath legal suite. 

Beautiful curb appeal with cedar beams and shakes, corrugated metal and wood fully fenced yard, sprinkler system, tastefully landscaped with decorative rock, palm tree, flowers, and shrubs.

Immediately upon entering the spacious foyer you will notice the attention to detail throughout this home with crown moldings, coffered ceilings, recessed lighting, custom blinds, commercial-grade engineered hardwood floors, no shortage of linen closets, wheelchair

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Meticulously maintained House Amongst Mature Cedar Trees

Welcome to 3623 Brookside Crescent and one of the most desirable areas of Vancouver Island – Cobble Hill!   So close to either Victoria, Shawnigan Lake, or Duncan and the Cowichan Valley.   You will find this meticulously maintained house amongst mature cedar trees on a huge, manicured lot in a very quiet cul-de-sac boasting an oversized detached 2 bay shop that any mechanic would love!   There are lots of outbuildings to store yard tools, firewood, and even covered RV parking, and a surprise in this location is there is transit just down the road as well as the school bus stop, where your children can join the other neighbourhood kids that also enjoy this rural…

Bank of Canada Interest Rate Announcement - January 26, 2022

While the majority of expert opinion had swung toward the Bank of Canada raising its overnight rate this morning, the Bank instead maintained its overnight rate at 0.25 per cent. However, in the statement accompanying the decision the Bank noted that slack in the economy has been absorbed and it is ending what it calls its "exceptional forward guidance" on the policy interest rate. This is a clear signal that the Bank will begin raising its overnight policy rate, likely at its next meeting in March. The Bank also noted that the Canadian economy grew much faster than expected over the second half of 2021 and has entered 2022 with considerable momentum. While the Omicron variant is

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Canadian Retail Sales (November 2021) - January 21, 2022

Canadian seasonally-adjusted retail sales rose 0.7% to $58.1 billion in November. The rise was driven by sales at gasoline stations (+4.9%), building material and garden equipment and supplies dealers (+3.0%) and food and beverage stores (+1.0%). Core retail sales, which strips out gasoline and vehicle and parts sales, increased 0.5% in November. Part of this growth was due to price growth--retail sales rose 0.2% in volume terms.

In BC, seasonally-adjusted sales rose 0.8% in November. Compared to the same month last year, retail sales were up 3.3% in the province. In the Greater Vancouver region, sales rose 0.7% month-over-month and were up 9.4% year-over-year.

In November,

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Canadian Housing Starts (December 2021) - January 18, 2022

Canadian housing starts fell to 236.1k units in December at a seasonally-adjusted annual rate (SAAR). This brings the total number of housing starts in 2021 to 271.2k, 16% above the previous record in 2004. Housing starts were down by 67.7k (22.3% m/m) in December (SAAR). Comparing year-over-year, starts were up slightly from December of 2020 (1.3% y/y). Single-detached housing starts dipped 3.4% in December to 70.8k, while multi-family and others dropped 28.3% to 165.3k (SAAR).

In British Columbia, starts were up 39.1% in December, rising to 55.3k units SAAR in all areas of the province. In areas in the province with 10,000 or more residents, single-detached starts rose

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The Vancouver Island Real Estate area (Cowichan Valley all the way up to Cape Scott) had a total of 351 sales take place in December 2022. Of those 351 sales, 226 of them were single-family homes, 75 were condos and 50 were townhomes. Overall, everything was down which is not unusual for the last month of the year. Single-family home sales were down 26% from November and 47% compared to December 2020. Condos sales were down 32% from the previous month and 40% annually while townhomes were down only marginally year-over-year but 49% from November.

While seasonal factors are very much at play with respect to the slower sales, inventory is another reason things are slowing down. With record low inventory there simply isn’t enough housing stock to meet

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