Blog: July 2010 Newsletter

Blog by William Lew

Summer Market

Market Update

Summer activity is generally slower but there are still buyers & sellers taking advantage of this market. Less competition & more options.
Active Listings to date for the month of July is 2,560 compared to 5,722 in June.
For a full update with graphs & stats, visit:

Interest Rate

Bank of Canada raised the Prime Rate by another .25% to 2.75%. This only affects the Variable & not the Fixed Rate.
1 Year Fixed Rates from 2.50% & 5 Year at 3.95%. Variable will be Prime 2.75% less up to .70% = 2.05% (Certain Conditions Apply). For more rates, just contact me.
Next Bank of Canada Interest Rate meeting is September 8, 2010.

Realtors Ride to Conquer Cancer $250,000

30 realtors from the lower mainland participated in this ride from Vancouver to Seattle. This is Dexter Associates second year & we are proud to say we raised $110,000 of the total amount. We would like to thank all of our family, clients & friends who contributed to the BC Cancer Foundation.
Dexter Associates will continue this ride & welcome anyone to join the group next year from June 18-19, 2011.

HST

Please contact me for a free copy of the pdf file for your perusal on the HST which may assist you or someone you know interested in buying.

Have a friend or neighbour that is trying to make sense of the real estate market? Absolutely have them contact me, I’m happy to help.

William Lew

604 862 1966 (direct)

Dexter Associates Realty

Do you know someone looking to buy or sell in the near future?

Please pass along my contact information. Your referrals are greatly appreciated.

This communication is not intended to solicit property already listed

This entry was posted on July 20th, 2010 | Posted in Real Estate