August Real Estate News! 

Real Estate Newsletter
August Edition 
I hope you are enjoying all the beautifully sunny days of summer and getting a little time to enjoy all that South Surrey and White Rock has to offer. 

This past weekend RE/MAX was a proud sponsor of the 70th annual White Rock Sea Festival at White Rock Beach. We couldn't have asked for better weather to enjoy the torchlight parade, fireworks and so many fantastic events put on this year. 

In this months real estate stats you will see that the local real estate market actually picked up in July. There has also been some good news for home-buyers as the Bank of Canada announced the mortgage qualifying rate dropped to 5.19% from 5.34%. 

The August edition of my newsletter includes: 
  • Fraser Valley Home Sales Stats for July
  • Article: Latest in Mortgage News: Stress-Test Rate Drops After a Year
  • Featured Listings 
  • Article: When is a Low Ball Offer a Good Idea?
  • Local Community Events

Happy Reading! 
Derrick Sims 
Real Estate Advisor with
RE/MAX Colonial Pacific Realty