Search

JUST SOLD! Exceptional Family Home in Fairview

Renovated 4 Bedroom, 3 ½ bathroom executive family home in Fairview with no neighbours to the right or behind. The newly painted exterior and nicely manicured front yard adds plenty of curb appeal! 808 Seventh Street, Nelson, BC Listed: $689,000

Summer Home Sales Slow to a Simmer

“The BC housing market continues to grapple with the sharp decline in affordability caused by tough new mortgage qualification rules,” said Cameron Muir, BCREA Chief Economist. “However, less frenetic housing demand has created more balanced market conditions in many regions, leading to fewer multiple offers and more choice for consumers.” Click here for full article

Housing Market Reacts to Mortgage Stress Test

“The BC housing market is grappling with a sharp decline in affordability caused by tough B20 stress test rules for conventional mortgages,” said Cameron Muir, BCREA Chief Economist. “While these rules have had a negative effect on housing demand across the country, the impact has been especially severe in BC’s large urban centres because of already strained housing affordability.” Click here for full article:

 

​JOHN KNOX - REALTOR®/OWNER, President  | Fair Realty | Nelson, BC | (p) 250.777.2500 | (e) john@johnknox.ca

© 2010 - 2018 by John Knox Personal Real Estate Corporation  | Photo of Nelson courtesy of Dave Loewen