March 2018

REBGV Latest Video Housing Market Update says home buyers were less active in February 2018!
REBGV Latest Housing Market Update and Stats Pack
Data confirms Metro Vancouver* home sales dipped below the long-term historical average in February. ... read more
FVREB Latest Housing market update and stats!
Lack of supply continues to command Fraser Valley housing market.Despite slight increases in both active and new inventory in the Valley, overall supply in February remained well below the ten-year average for the month historically. ... read more
Mortgage Rate Forecast for 2018.
New Westminster Attached and Detached stats!
Metro Vancouver Attached and Detached Stats
Port Moody Attached and Detached Summary
Commercial real estate sales down, values up in 2017
Commercial real estate sales activity in the Lower Mainland declined from the record highs of one year ago and remained above the region’s long-term historical sales average in 2017. ... read more
Market Watch - Canadian Real Estate Is Moving Towards Buyers’ Market
Rising interest rates and stricter mortgage requirements have reduced home buyers’ purchasing power, particularly for those at the entry level of our Canadian market. The supply of apartment and townhome properties for sale today is unable to meet demand. On the other hand, the detached home market is beginning to enter buyers’ market territory. ... read more
Six Credit Habits That Can Boost Your Score
Your credit score is essentially your passport to financial opportunities. With a possible range of 300 to 900, your score tells lenders what kind of a risk you are likely to be as a borrower. A low credit score can prevent you from getting the lowest mortgage rate, or even from getting a mortgage at all. But here’s the thing, this important factor in your mortgage negotiation is entirely within your control. ... read more
10 Most Valuable Things to Plant in Your Garden This Spring
The early spring can make for a good time to jumpstart your spring garden, especially for plants that can withstand lingering shots of cold air. Cold-hardy plants can handle a few touches of frost, and you can start the seeds either indoors or outdoors, depending on where you live. ... read more
Tips for Successful Home Staging
Home Staging is a proven system for preparing properties for sale. Your aim is to present your home in the best possible light to win the hearts of prospective buyers. With Staging, the focus is shifted from the furnishings to the home itself, the views, the space and the unique features of the property. ... read more
Setting up a Home Office on a Small Budget
Working from home is becoming a popular option for many people. Whether you telecommute or have abandoned the rat race in favour of setting up your own home business, a home office has become an essential space in many homes. ... read more

With Compliments of

Lyle and Sandy Longridge

Longridge Real Estate @ RE/MAX CENTRAL
#1-5050 Kingsway
Burnaby, BC, V5H 4C2
T: 604-812-4076
F: 604-531-5452
D: 604-812-4076;

You are receiving this newsletter with hopes that you find it informative and entertaining.

If you are thinking of making a move, or just curious about the real estate trend in your area, please feel free to contact us any time. It is our pleasure to help you.

Best regards,
Lyle and Sandy Longridge


Term Posted
6 Months 3.14% 3.10%
1 Year 3.10% 3.00%
2 Years 3.35% 3.25%
3 Years 3.45% 3.05%
4 Years 3.85% 3.40%
5 Years 5.15% 3.15%
7 Years 5.30% 3.75%
10 Years 6.10% 3.85%
Variable Rate 2.40%
Prime Rate ** 3.45%
*last updated: Mar 13, 2018

Compliments of
Lyle Longridge
Associate Broker/Realtor
Cell : 604-812-4076

Sandy Longridge
cell: 604-812-3371
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