April 28, 2016


US real GDP growth registered a disappointing 0.5 per cent in the first quarter of 2016, the slowest quarterly growth in two years. Growth was pulled lower by a softening of consumer spending as well as the high US dollar's impact on exports. It should be noted that today's release is a preliminary estimate and is subject to revisions which can be substantial. 

As noted yesterday afternoon by the US Federal Reserve's Open Market Committee in its decision to leave its target interest rate unchanged, the US faces some headwinds from a struggling global economy but consumer demand is expected to accelerate, buoyed by strong gains in the labour market.  We expect that the US economy will get back on track in subsequent quarters, ultimately expanding 2.2 per cent in 2016. Low growth and modest inflationary pressure should keep the Federal Reserve sidelined most of this year, though one more rate-hike before the end of the year remains likely.  

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I have sold a property at 561 56TH ST in Delta.
OPPORTUNITY KNOCKS WITH THIS AMAZING PROPERTY! 3 Bedroom home WITH a 1 bedroom LEGAL SUITE!!! Hold and rent - or live in? Develop? So many options here! This great home has been very well maintained with new windows in 2008, furnace and hot water tank in 2015, 200 amp power, new water connection to the city, and flooring updated! Super income property - with views towards Boundary Bay! Don't miss your chance in Pebble Hill! FLOOR PLANS ON LINE!! OPEN SATURDAY MARCH 19TH 1-3PM AND SUNDAY MARCH 20TH 2-4PM
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Please visit our Open House at 11573 94TH AVE in Delta.
Open House on Sunday, April 3, 2016 2:00 PM - 4:00 PM Refreshments Not Included
Terrific VIEW home in ANNIEVILLE! Well maintained big NORTH DELTA basement home with large 2 car garage! You'll love the spaciousness & the mountain & Gulf Island Southwest & Northern views from this fine home! Good sized sundeck & delightful fully fenced yard.
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Please visit our Open House at 11573 94TH AVE in Delta.
Open House on Saturday, April 2, 2016 2:00 PM - 4:00 PM Refreshments Not Included
Terrific VIEW home in ANNIEVILLE! Well maintained big NORTH DELTA basement home with large 2 car garage! You'll love the spaciousness & the mountain & Gulf Island Southwest & Northern views from this fine home! Good sized sundeck & delightful fully fenced yard.
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