Jules Seaman

Personal Real Estate Corporation
421 Pacific Street
Vancouver, BCV6Z 2P5
Office: 604-685-5951
Office Fax: 604-685-2807
Cell: 604-780-4102
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Jules Seaman

Jules Seaman Personal Real Estate Corporation

CENTURY 21 In Town Realty
421 Pacific Street
Vancouver, BCV6Z 2P5
Office: 604-685-5951
Cell: 604-780-4102
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Canadian and US Economic Growth - January 30, 2015

Canadian and US Economic Growth - January 30, 2015 The Canadian economy contracted 0.2 per cent in November. Falling energy prices resulted in declining output in the oil and gas sector, while manufacturing and mining production was also lower. Given available data, the Canadian economy likely expanded 1.9 per cent in the fourth quarter of 2014, and about 2.4 per cent for the year as a whole. While ...

Bank of Canada Interest Rate Decision - January 21, 2015

BCREA ECONOMICS NOW Bank of Canada Interest Rate Decision - January 21, 2015 In a bombshell announcement this morning, the Bank of Canada announced that it is lowering its target overnight rate to 0.75 per cent. The surprise loosening of monetary policy is in response to the recent dramatic decline in oil prices and the consequent negative impact on Canadian growth and inflation. The Bank expects the ...

Bank of Canada Interest Rate Decision - January 21, 2015

BCREA ECONOMICS NOW Bank of Canada Interest Rate Decision - January 21, 2015 In a bombshell announcement this morning, the Bank of Canada announced that it is lowering its target overnight rate to 0.75 per cent. The surprise loosening of monetary policy is in response to the recent dramatic decline in oil prices and the consequent negative impact on Canadian growth and inflation. The Bank expects the ...

Consumer Demand in 2014 Strongest in Five Years

Vancouver, BC – January 13, 2015. TheBritish Columbia Real Estate Association (BCREA) reports that a total of 84,049 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in 2014, up 15.2 per cent from 2013. After lagging for several years, BC home sales eclipsed the ten-year average of 82,000 units and the 15-year average of 83,600 units. Total sales dollar volume was $47.8 ...

​Housing Market Ends Year in Balanced Conditions

Vancouver, BC – December 12, 2014. The British Columbia Real Estate Association (BCREA) reports that a total of 5,972 residential unit sales were recorded by the Multiple Listing Service®(MLS®) in November, up 8.8 per cent from November 2013. Total sales dollar volume was $3.4illion, an increase of 12.1 per cent compared to a year ago. The average MLS® residential pricein the province rose to $574,694, ...

Bank of Canada Interest Rate Announcement - Dec 3, 2014

The Bank of Canada announced this morning that it is holding its target overnight rate at one per cent. This marks the longest period without a change in the Bank’s policy rate since the 1950s. In the statement accompanying its decision, the Bank noted that inflation has been stronger than expected in the past year, though mainly due to temporary factors. The Bank also stated that slack in the Canadian ...

​Commercial Real Estate Gains Momentum in BC

Vancouver, BC – December 1, 2014. The BCREA Commercial Leading Indicator (CLI) rose 1.4 index points to a new record high of 118.4, surpassing the previous high of 117.1 set in the second quarter of 2014. "Momentum has been building in sectors most important to commercial real estate,” said BCREA Economist Brendon Ogmundson, “That momentum should translate to a strong year for the commercial market ...

Housing Demand Ratchets Higher in British Columbia

Vancouver, BC – November 18, 2014. The British Columbia Real Estate Association (BCREA) released its 2014 Fourth Quarter Housing Forecast today. "Consumer demand has ratcheted up this year and is expected to remain at a more elevated level through 2015,” said Cameron Muir, BCREA Chief Economist. “While historically low mortgage rates support demand, the housing market is also being underpinned by a ...

BCREA ECONOMICS NOW

Canadian Manufacturing Sales - November 14, 2014 Canadian manufacturing sales rebounded from a poor showing in August, rising 2.1 per cent in September to $53 billion. The increase in sales was the eighth gain in the past nine months and was primarily the result of higher sales of transportation equipment. In BC, where manufacturing employs over 160,000 people, manufacturing sales were up 1.9 cent ...

​BCREA ECONOMICS NOW

Canadian and US Employment - November 7, 2014 October was another big month for job growth as the Canadian economy added 43,000 jobs. The national unemployment rate dropped 0.3 points to 6.5 per cent, the lowest rate since November 2008. Total hours worked, which is closely associated with economic growth, rose 0.4 per cent.In BC, employment grew by 4,600 jobs in October. Full-time employment expanded ...