I have sold a property at 520 2665 MOUNTAIN HWY in North Vancouver. See details here
Canyon Springs! Immaculate Top Floor two-bedroom & two-bathroom condo in Lynn Valley. Built by Polygon in 2015, this unit boasts a spacious open floor plan with plenty of natural light. The large walk-out patio features stunning views of the mountains. With 887 square feet of living space, there's plenty of room to entertain guests. Don't miss your chance to own this beautiful condo in one of North Vancouver's most sought-after and centrally located neighbourhoods. Comes with 1 underground parking stall, 1 storage locker and access to a fully equipped gym on the main level. Just a few steps away from public transportation, Lynn Valley shopping Center, restaurants, schools, hiking, golfing, and much more!
Both the Canadian and Australian central banks surprised markets by raising rates last week, leading to a slump in global bonds and speculation that the Fed might follow suit. The Fed, however, has been vocal in signalling that it will hold this week, with markets placing odds of a hold at 75 per cent. That looked even more likely after May inflation checked in Tuesday at four per cent, the lowest level in two years.
But the Bank of Canada’s 25-basis-point hike to 4.75 per cent ended what had been a five-month pause, suggesting to some that the economic winds were changing, and increasing the potential the Fed isn’t done raising rates.
What happened?
Following the Bank of Canada’s announcement, the yield on two-year Canadian bonds tacked on more than 20 basis points.
Derek Holt, head of capital markets economics at Scotiabank, said the central bank’s decision “blew a foul stench over world bond markets.”
Avery Shenfeld, chief economist of CIBC Capital Markets, said that by not waiting until July and appearing to be less patient, the Bank of Canada had also made another move upward more likely.
“Bond yields in both countries could see further upward pressure from here to September, as markets will price in risks of subsequent hikes for a while, and will also feel the impact of a rush of U.S. Treasury supply as the government replenishes its cash position with the debt ceiling deal now achieved,” he said.
What did the Canadian hike signal?
Though the direct impact was limited, ending the pause launched in January gave markets something of a reality check in terms of the risks surrounding the outlook for major central banks such as the Fed, said Royce Mendes, head of macro strategy at Desjardins Capital Markets.
“Market participants are viewing the Bank of Canada’s return to rate hikes as a bit of a canary in a coal mine,” Mendes said, adding that the Bank of Canada’s move could be a leading indicator of what other central banks might have to do to contain inflationary pressures.
Canada, however, did not act alone. Stephen Brown, deputy chief North America economist at Capital Economics, said the Reserve Bank of Australia hiking last week against consensus expectations of a hold was also a major part of the reaction from global markets.
“It’s this sort of accumulation of evidence that maybe central banks across the world are going to have to do a bit more in order to get inflation under control, which has had this effect on global markets,” Brown said.
Is it unusual for global markets to react to a Canadian rate hike? Why is this time different?
Mendes said it’s somewhat unusual for markets to be reacting so strongly to developments here in Canada. However, he said the Bank of Canada has been at times a leader in terms of changing the global narrative surrounding monetary policy and this could be one of those times.
The Bank of Canada was certainly seen as leading the selloff in global developed markets’ sovereign bonds immediately after the announcement of a rate hike, he added.
“Canada is typically a relatively small jurisdiction and so it doesn’t take up too much space in the minds of investors, but given that the decision by the Bank of Canada could have implications for other central banks, it is being seen by traders as a potential turning point in central bank policy,” Mendes said.
Bank of Canada rate hike nail in coffin for economy
While normally unusual for relatively small central banks to be dictating global market moves to this extent, the Bank of Canada was one of the most aggressive central banks among advanced economies in terms of hiking last year, he said. The Bank of Canada hiking 100 basis point hike in July last year sent shockwaves through global markets as well because it suggested that all central banks would have to follow similar aggressive strategies, Brown added.
“There’s not been a major effect but it certainly has pushed the investor consensus more towards this idea that the Fed will probably need to hike again in July and certainly that rate cuts will probably come a bit later than previously expected,” he said.
I have sold a property at 107 3260 ST JOHNS ST in Port Moody. See details here
WOW! Extensively Renovated 2 bedroom ground floor unit, Nothing to do but move in and enjoy this LUXURIOUS Home! Gas fire place, stainless steel appliances, beautiful countertops & floors, renovated bathrooms, updated lighting. Pride of ownership is evident! Great location just steps to inlet Skytrain station. Enjoy the massive patio of this beautiful corner unit Home! Condos in this condition rarely come available, 2 Premium parking stalls right next to the elevator! Very well maintained strata. This Truly is a MUST SEE! Open House Sunday May 28th 2-4pm
I have listed a new property at 4248 BEDWELL BAY RD in Belcarra. See details here
Sprawling luxury home is truly an entertainers dream! Ocean views, this is one level living at it finest! 2 storey living room w/ massive windows that open to the covered patio, yard & pool, adjacent dining room & spiral staircase to the expansive loft area. Massive kitchen: an eating area that overlooks patio, family room that opens to the yard & pool area. You won't want to leave your primary bedroom - have a work out in the private gym, swim in the pool, then off to the sauna & finally luxuriate in your soaker tub. 3 extra bedrooms & the media room are off of the kitchen for the utmost in privacy. Beautiful hardwood flooring, Control 4 home automation system, outdoor pool, hot tub & a shower in the telephone booth! Triple garage & open parking. Video Link: https://youtu.be/B650kOGMVgE
I have sold a property at 3321 CHARTWELL GRN in Coquitlam. See details here
VIEW HOME! Chartwell Green 'Pinewood' overlooking Lake & Fairway of the prestigious Westwood Pleateau Golf & Country Club. This executive home features many upgrades. Hardwood floor, designer colors. Huge bedrooms up, Vaulted ceiling Master with lake view. An open plan with a stunning maple kitchen, granite counters, extensive decking & a fully finished walkout basement with extra bdrms, rec rm & 4 pc bathroom. Just mins to great shopping, recreation, schools and vibrant city centre. Enjoy this truly wonderful view! Must see!
I have sold a property at 3321 CHARTWELL GRN in Coquitlam. See details here
VIEW HOME! Chartwell Green 'Pinewood' overlooking Lake & Fairway of the prestigious Westwood Pleateau Golf & Country Club. This executive home features many upgrades. Hardwood floor, designer colors. Huge bedrooms up, Vaulted ceiling Master with lake view. An open plan with a stunning maple kitchen, granite counters, extensive decking & a fully finished walkout basement with extra bdrms, rec rm & 4 pc bathroom. Just mins to great shopping, recreation, schools and vibrant city centre. Enjoy this truly wonderful view! Must see!
Open House on Sunday, May 28, 2023 2:00PM - 4:00PM
WOW! Extensively Renovated 2 bedroom ground floor unit, Nothing to do but move in and enjoy this LUXURIOUS Home! Gas fire place, stainless steel appliances, beautiful countertops & floors, renovated bathrooms, updated lighting. Pride of ownership is evident! Great location just steps to inlet Skytrain station. Enjoy the massive patio of this beautiful corner unit Home! Condos in this condition rarely come available, This Truly is a MUST SEE! Open House Sunday May 28th 2-4pm
I have listed a new property at 665 FORESTHILL PL in Port Moody. See details here
Welcome to this 5 bdrm,3 bathroom,HUGE,OVER 11,000 SQ FT LOT at the end of a flat cul-de-sac,backing on greenbelt & creek.Partial OCEAN VIEW from the upper floor.Open concept design and a beautiful location make this home one of a kind.Many upgrades done over the years inside & out.Recent upgrades include new roof, flooring, Front door and fresh paint.Walk out basement with separate entry and kitchen.Great mortgage helper.Located in vibrant Port Moody,near famous brewery district,shopping centres,rec centre and old orchard hall,great schools and transit(skytrain & Westcoast express).For those who enjoy outdoor activities this house is perfect,close to many of Port Moody's best trails,parks,beaches(ocean and lakes).Potential zoning RS1-S small lot subdivision in OCP. See city guidelines
I have listed a new property at 107 3260 ST JOHNS ST in Port Moody. See details here
WOW! Extensively Renovated 2 bedroom ground floor unit, Nothing to do but move in and enjoy this LUXURIOUS Home! Gas fire place, stainless steel appliances, beautiful countertops & floors, renovated bathrooms, updated lighting. Pride of ownership is evident! Great location just steps to inlet Skytrain station. Enjoy the massive patio of this beautiful corner unit Home! Condos in this condition rarely come available, This Truly is a MUST SEE!
I have sold a property at 906 1415 PARKWAY BLVD in Coquitlam. See details here
Amazing, 2 bdrm sub penthouse in the Cascade. On the spectacular deck you can enjoy your morning coffee with the sunrise, the sunset during happy hour & magnificent views all day! Entertain in this massive home with it's open floor plan, kitchen with large island, eating bar, high end appliances & adjacent dining room. Living room has new linear fireplace w/ mahogany surround Spacious bedrooms with new ceiling fans; including the primary bedroom w/walk in closet & 5 piece ensuite. Fresh paint, new LED lighting, new dishwasher, new washer/dryer & pull out folding table with storage, monitored security alarm & AC. 2 S/S PARKING & STORAGE on lobby lvl. Shopping is across the street & you are close to 2 golf courses and hiking/biking trails. HUGE 1,087 sq ft deck incl the hard top cabana!
I have sold a property at 36 9000 ASH GROVE CRES in Burnaby. See details here
Welcome to Ashbrook Place! This well run complex has great neighbours & a proactive strata. Bright & airy, this 3 bdrm home has over 1400 sq feet in a reverse plan that has your bedrooms on the bottom floor; allowing for a cooler space in the summer. Upper floor has a good sized living, dining & family rooms, (bring your house sized furniture), also perfect for entertaining, bonus powder room 2nd level too! Wood burning F/P for those cozy winter evenings. Eat-in kitchen w/SS appliances, tons of storage & access to the L shaped balcony overlooking the greenbelt; perfect for your patio furniture & BBQ. Primary bdrm w/ W/I closet & ensuite. Lower balcony has access from the primary bdrm & the 2nd largest. Washer & dryer in the kitchen so you don't have to worry about doing laundry in the evening & waking up the little ones. Hot water heating means warmer floors & better for those with allergies. Large garage has space for your SUV & extra room for bikes or a workbench. Close to hiking/biking trails.
I have sold a property at 301 530 NINTH ST in New Westminster. See details here
Stunning and modern - Top Floor Corner unit suite in Moody Park/Uptown! Building and suite completely renovated in 2018; quartz counter, tile backsplash, stainless steel appliances, undermount sinks, gorgeous flooring throughout, door, door hardware, recessed lighting & Much More! Designer bathroom with soaker tub & large vanity cabinet. Spacious layout (bring your house sized furniture), open concept living and Big Covered Balcony! In suite laundry & dishwasher. Lobby & common area also renovated. Secure parking, big locker & elevator. Pets are ok. Boutique 14 suite building steps to Moody Park, Royal Centre Mall, shops and so much more! Open House CANCELLED.
I have sold a property at 308 2368 MARPOLE AVE in Port Coquitlam. See details here
Super bright and airy, this corner unit enjoys plenty of light and overlooks trees, trail and river. Large living & dining room and not your typical condo kitchen! This one has windows overlooking the deck and over the sink, also an island for seating and storage, granite counters and stainless steel appliances. Primary bedroom with walk-in closet and 3 piece ensuite. Second bedroom is on the other side of the unit for utmost privacy. Good sized deck for seating and your BBQ. You will love the walkability of the neighbourhood; steps to the dog park and river, close to schools, recreation centre, shopping, restaurants, pub and brewery. Open House Sunday April 2, 1-3pm.
I have listed a new property at 36 9000 ASH GROVE CRES in Burnaby. See details here
Welcome to Ashbrook Place! This well run complex has great neighbours & a proactive strata. Bright & airy, this 3 bdrm home has over 1400 sq feet in a reverse plan that has your bedrooms on the bottom floor; allowing for a cooler space in the summer. Upper floor has a good sized living, dining & family rooms, (bring your house sized furniture), also perfect for entertaining, bonus powder room 2nd level too! Wood burning F/P for those cozy winter evenings. Eat-in kitchen w/SS appliances, tons of storage & access to the L shaped balcony overlooking the greenbelt; perfect for your patio furniture & BBQ. Primary bdrm w/ W/I closet & ensuite. Lower balcony has access from the primary bdrm & the 2nd largest. Washer & dryer in the kitchen so you don't have to worry about doing laundry in the evening & waking up the little ones. Hot water heating means warmer floors & better for those with allergies. Large garage has space for your SUV & extra room for bikes or a workbench. Close to hiking/biking trails.
Open House on Saturday, April 15, 2023 2:00PM - 4:00PM
Welcome to Ashbrook Place! This well run complex has great neighbours & a proactive strata. Bright & airy, this 3 bdrm home has over 1400 sq feet in a reverse plan that has your bedrooms on the bottom floor; allowing for a cooler space in the summer. Upper floor has a good sized living, dining & family rooms, (bring your house sized furniture), also perfect for entertaining, bonus powder room 2nd level too! Wood burning F/P for those cozy winter evenings. Eat-in kitchen w/SS appliances, tons of storage & access to the L shaped balcony overlooking the greenbelt; perfect for your patio furniture & BBQ. Primary bdrm w/ W/I closet & ensuite. Lower balcony has access from the primary bdrm & the 2nd largest. Washer & dryer in the kitchen so you don't have to worry about doing laundry in the evening & waking up the little ones. Hot water heating means warmer floors & better for those with allergies. Large garage has space for your SUV & extra room for bikes or a workbench. Close to hiking/biking trails.
I have listed a new property at 301 530 NINTH ST in New Westminster. See details here
Stunning and modern - Top Floor Corner unit suite in Moody Park/Uptown! Building and suite completely renovated in 2018; quartz counter, tile backsplash, stainless steel appliances, undermount sinks, gorgeous flooring throughout, door, door hardware, recessed lighting & Much More! Designer bathroom with soaker tub & large vanity cabinet. Spacious layout (bring your house sized furniture), open concept living and Big Covered Balcony! In suite laundry & dishwasher. Lobby & common area also renovated. Secure parking, big locker & elevator. Pets are ok. Boutique 14 suite building steps to Moody Park, Royal Centre Mall, shops and so much more! Open House Saturday April 15, 2-4pm
I have listed a new property at 906 1415 PARKWAY BLVD in Coquitlam. See details here
Amazing, 2 bdrm sub penthouse in the Cascade. On the spectacular deck you can enjoy your morning coffee with the sunrise, the sunset during happy hour & magnificent views all day! Entertain in this massive home with it's open floor plan, kitchen with large island, eating bar, high end appliances & adjacent dining room. Living room has new linear fireplace w/ mahogany surround Spacious bedrooms with new ceiling fans; including the primary bedroom w/walk in closet & 5 piece ensuite. Fresh paint, new LED lighting, new dishwasher, new washer/dryer & pull out folding table with storage, monitored security alarm & AC. 2 S/S PARKING & STORAGE on lobby lvl. Shopping is across the street & you are close to 2 golf courses and hiking/biking trails. HUGE 1,087 sq ft deck incl the hard top cabana!
Open House on Saturday, April 15, 2023 2:00PM - 4:00PM
Stunning and modern - Top Floor Corner unit suite in Moody Park/Uptown! Building and suite completely renovated in 2018; quartz counter, tile backsplash, stainless steel appliances, undermount sinks, gorgeous flooring throughout, door, door hardware, recessed lighting & Much More! Designer bathroom with soaker tub & large vanity cabinet. Spacious layout (bring your house sized furniture), open concept living and Big Covered Balcony! In suite laundry & dishwasher. Lobby & common area also renovated. Secure parking, big locker & elevator. Pets are ok. Boutique 14 suite building steps to Moody Park, Royal Centre Mall, shops and so much more! Open House Saturday April 15, 2-4pm
I have sold a property at 411 159 22ND ST W in North Vancouver. See details here
This home is in the best location! Walk to Central Lonsdale, North Van recreation centre and numerous parks that dot the neighbourhood. This meticulous home has a large balcony which overlooks the central garden, and is perfect for BBQ's and enjoying the southern exposure. Kitchen with granite counters, gas stove and eating bar that is great for entertaining. Open concept living, dining & kitchen. Bedroom with good sized walk in closet and door to the bathroom. Efficient hot water radiant heat, 1 parking, locker and the building has a common room and guest suite. Come and enjoy the North Shore lifestyle of skiing, hiking, biking and golf! Close to shopping & restaurants. Open House Sunday March 26, 2-4pm.
I have listed a new property at 308 2368 MARPOLE AVE in Port Coquitlam. See details here
Super bright and airy, this corner unit enjoys plenty of light and overlooks trees, trail and river. Large living & dining room and not your typical condo kitchen! This one has windows overlooking the deck and over the sink, also an island for seating and storage, granite counters and stainless steel appliances. Primary bedroom with walk-in closet and 3 piece ensuite. Second bedroom is on the other side of the unit for utmost privacy. Good sized deck for seating and your BBQ. You will love the walkability of the neighbourhood; steps to the dog park and river, close to schools, recreation centre, shopping, restaurants, pub and brewery. Open House Sunday April 2, 1-3pm.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
The 
“Market participants are viewing the Bank of Canada’s return to rate hikes as a bit of a canary in a coal mine,” Mendes said, adding that the Bank of Canada’s move could be a leading indicator of what other central banks might have to do to contain inflationary pressures.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.