I have listed a new property at 7073 KINGSWOOD CRT in Delta.
WORLD CLASS RESIDENCE! German built West Coast contemporary custom designed by well known architects. This quality of home is rarely available! One of the largest homes in desirable Sunshine Hills. Solid top quality materials, workmanship detail used throughout home. Large steel glass skylights offer plenty of natural light. Elegantly designed with open curved staircase with solid western fir railing to upper floor. Functional floor plan features deluxe living & dining areas w/two way fireplace, a spectacular gourmet kitchen w/high end cabinetry & granite countertops. Family room w/fireplace overlooks a totally private parklike backyard backing onto Cougar Canyon completely landscaped including a huge cedar deck and arbour and solid shed for storage. 3 large and spacious bedrooms up, a master suite with fireplace, walk-in closet, extra large ensuite and balcony. Basement has huge RECRM, Wine room and over a 1000 sqft of storage space. Great location, close to Seaquam Secondary, Cougar Elementary & park.
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Please visit our Open House at 12686 16TH AVE in Surrey.
Open House on Sunday, March 8, 2015 2:00 pm - 4:00 pm
Fully updated rancher in Ocean Park. First time buyers or downsizing, there is nothing to do here expect move in and put your feet up. Centrally located - walk to shopping, transit or the beach, the world is at your doorstep.
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The Bank of Canada announced this morning that it is maintaining its target for the overnight rate at 0.75 per cent. In the press release accompanying the decision, the Bank noted that total CPI inflation has fallen as expected given the significant drop in oil prices, but core inflation has been temporarily boosted by a lower Canadian dollar. Regarding economic growth, the Bank expects the negative impact of lower oil prices to appear in the first half of 2015 before the economy recovers in the second half of the year. Overall, the Bank judges risks to its inflation outlook as balanced and considers the current degree of monetary policy stimulus appropriate.

Stable oil prices and core inflation still trending above the Bank's 2 per cent target seems to have persuaded policymakers that the "insurance" purchased with January's surprise interest rate cut is enough for now. That said, the ultimate impact of lower oil prices has yet to be fully realized and we expect monetary policy to be highly data dependent in coming months. If the Canadian economy experiences significant labour weakness or core inflation starts to trend lower, the Bank may opt to reduce rates at its next meeting in April or possibly early in summer. 

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