Client Testimonial

The following points were of note in the Bank of Canada March 2018 media release:

  • Target for the overnight rate remains the same at 1¼ percent.
  • Household credit growth has decelerated for three consecutive months.
  • Inflation is running close to the 2 per cent target.
  • Economy operating near capacity.
  • Inflation is fluctuating because of temporary factors related to gasoline, electricity, and minimum wages.
  • Next scheduled date for announcing the overnight rate target is April 18, 2018.

Purchase price continues to rise with low inventory and low interest rates continuing to benefit sellers.

I have sold a property at LOT A MEREDITH ROAD in MILL BAY.
MILL BAY acreage, no thru road, steps to ocean, rare building lot for your dream home. Sloping forested acre with level bench would suit walk out lower level house design. 6 gpm well log, perc tested some time ago. Close to end of Meredith Road, location of million dollar ocean front estates. Some timber value, ocean glimpses may be possible. Excellent location for Victoria commuters, close to Mill Bay Centre and Brentwood College. Ideal private setting in upscale area.
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