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Maple Ridge Real Estate Market 9.26.2014

Well it's good to be back Maple Ridge Realtors, Maple Ridge Real Estate Buyers & Sellers and of course all my Canadian 1st Team Mates. That was one fun summer! But none the less it's back to the grind.


Maple Ridge Market Commentary

So much for the trend in Maple Ridge and BC overall. After 3 consecutive weeks of higher rates, 5 and 10 year Gov't of Canada benchmark bonds reversed course and ended the week 11 and 14 basis points lower respectively. The rally in bonds is largely attributable to dovish comments (concerns related to growth vs. inflation) coming from central banks around the globe.

For example, Mario Draghi, President of the European Central Bank said "We stand ready to use additional unconventional instruments within our mandate, and alter the size or composition of our unconventional interventions should it become necessary to further address risks of a too prolonged period of low inflation". Don't worry if you don't understand that…I'm not sure anyone does. All that matters is that it suggests lower rates and more money for everyone! In our Maple Ridge Canadian 1st Real Estate office we have the some of best Mortgage Brokers in Canada... If you need some of this money let us know. :) 

Bond Yields




Gov't Canada


Insured CofF

5 Year - 1.97%*
Canada Housing 12/15/19
      5 Year - 1.65%
CAN 1.75 09/01/19
      1.21% No Change
10 Year - 2.72%*
Canada Housing 03/15/25
no change
      10 Year - 2.17%
CAN 2.50 06/01/24
no change
          10 Year - 2.28%
CAN 9.00 06/01/25
no change
 * denotes interpolated rate        
GOC Bonds are for reference
purposes only

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1 - 32540 Logan AveMissionBCV2V 6G3

O 604 466 5077 or 604 826 5733
F 877 826 2621

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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.