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A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Thursday, September 14, 2017

Real estate may escape forecast BC economic slowdown

The economy in British Columbia is forecast to grow at a slower pace in 2017 and 2018 according to the professional body for the province’s accountants.

Growth for 2016 was 3.7% but will slip to 2.9% in 2017 and 2.0% in 2018, the Chartered Professional Accountants of British Columbia (CPABC) forecasts.

But real estate is set to remain one of the bright spots as the population continues to increase largely through immigration from other provinces and outside Canada.

“Population growth is expected to continue in that region and will increase housing demand. As a result, it is expected that the construction industry and other real estate related industries will remain busy in southern B.C. throughout the year and into 2018," said Lori Mathison, president and CEO of CPABC.

The growth for the economy is likely to be focused on the Lower Mainland with challenges in other parts of the province arising from recent wildfires and issues for the energy sector.

"That said, B.C.'s economy is still based on sound economics and the projected 2.9 per cent GDP growth rate will place it amongst one of the top performing provinces," concluded Mathison.

MBN

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