Emily Vu, Personal Real Estate Corporation

Sustainable Happiness, Sustainable Return


Inflation cooled to 2.7% in April as food price growth slowed

Canada's consumer price index fell to 2.7% in April from 2.9% in March, driven by slower food price growth, according to Statistics Canada. Food prices still increased but at a reduced rate of 1.4% in April compared to 1.9% in March. The cost of meat was the primary factor in this decline, along with non-alcoholic beverages, bakery and cereal products, fruits and nuts, and seafood.

In April, Canada unexpectedly added 90,000 jobs, though unemployment remained steady at 6.1%. The Bank of Canada maintained...


The Greater Vancouver real estate board reported April 2024
The Greater Vancouver real estate board reported a 3.3% rise in home sales compared to the previous year, with 2,831 homes sold in April, up from 2,741 in April 2023.

The number of homes listed for sale in Metro Vancouver rose by 42.1% year-over-year to reach 12,491 properties, marking a 16.7% increase compared to the 10-year seasonal average.

The composite benchmark home price stood at $1,205,800, reflecting a 2.8% increase from the previous year.

New listings saw a significant 64.7% increase, with...
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