Mayank Verma Personal Real Estate Corporation

09/21/2026

Welcome to Seneca Woods! Very closeto transit, shopping, parks, recreation, dining, and Hwy 91. This bright and spacious 3 bed + den, 3 bath townhome is ideal for first-time buyers, investors, or growing |families. Enjoy an open-concept layout with large windows that fill the home with natural light. Well maintained throughout, it features an oversized primary bedroom and a generous private backyard off the living room perfect for summer BBQs and entertaining. Includes 2 parking stalls, ample visitor parking, and low strata fees. A must see, book your showing today!

09/21/2026

Bank of Canada Holds 2.25% Key Rate
The Bank of Canada has decided to keep its key rate steady at 2.25%. This move comes as the economy continues to recover, with GDP growth at 3.3% in Q2 and unemployment easing to 6.4% in July. For those following the real estate market, these numbers are important markers—they set the tone for borrowing costs and market confidence. The next rate decision is set for October 28, 2026, when the Bank will take another look at inflation and the broader economic picture. As someone who follows these trends closely while helping clients navigate the Surrey, Abbotsford, and Metro Vancouver markets, I know how these decisions can shape buying and selling opportunities.

09/20/2026

Rate cuts boost housing demand faster than supply, BoC research finds
The latest Bank of Canada research confirms what many of us see on the ground: when interest rates drop, home sales surge almost immediately, but new construction takes much longer to catch up. This means demand quickly overtakes supply, pushing prices higher and making affordability an ongoing challenge—especially with unemployment rates so low. From my experience helping buyers and sellers across Abbotsford, Surrey, and the Greater Vancouver area, I’ve seen how market shifts like these can impact real people. It’s a reminder that tackling housing imbalances may require more than rate changes; targeted supply-focused policies could offer a better path forward for those hoping to find their next home.


http://www.mverma.ca/agent-news/mayank-verma/1936291-Rate-cuts-boost-housing-demand-faster-than-supply%2C-BoC-resea

09/20/2026

Slowly but surely Canada's housing market is turning around
We're seeing some positive momentum in Canada's housing market: for four straight months, home resales have been climbing, and prices have ticked up over the last two. Inventory levels are holding steady as new listings decrease, though activity as a whole is still 12% below the 10-year average. Of course, how this plays out can look quite different from one region to another. As someone who works across areas like Surrey, Vancouver, Burnaby, and beyond, I keep a close eye on these shifts to help guide clients through changing conditions. Each neighbourhood has its own pace—understanding the nuances is key.


http://www.mverma.ca/agent-news/mayank-verma/1928371-Slowly-but-surely-Canada%27s-housing-market-is-turning-around

09/18/2026

Metro Vancouver Buyers Enjoy More Choices in Real Estate Market
August brought a noticeable shift to the Metro Vancouver real estate landscape—sales slipped by 4.6% compared to last year, influenced by slower immigration, cautious investor activity, and persistently high mortgage rates. Prices reflected this adjustment too, with the average home price dropping 5.6% to $1,081,900. The Fraser Valley saw an even sharper decline: sales down 14%, prices easing 7% to $869,900. These numbers highlight how quickly market dynamics can shift, even when buying conditions might seem favourable. Having supported clients through changing markets in Surrey, Vancouver, Burnaby, and beyond, I know that understanding these trends is key to making informed choices—whether you're considering your next move or just keeping a close eye on the local scene.


http://www.mverma.ca/agent-news/mayank-verma/1966145-Metro-Vancouver-Buyers-Enjoy-More-Choices-in-Real-Estate-Mar

09/17/2026

Canada Fee Cuts Could Unlock Supply
Development fees are a major factor shaping new-home affordability across Canada. According to a national housing agency, reducing these fees could boost the viability of certain residential projects by about 14%. In cities like Toronto and Vancouver, the impact is even more dramatic: eliminating development charges could increase the number of feasible projects by nearly 10%. For Toronto, this shift could help the city meet half of its stated supply needs. When we look at Calgary, development fees for a one-bedroom high-rise are around $4,000, while detached homes face fees of about $9,000—much lower compared to Vancouver’s $20,000 to $33,000 range for similar units. While these fees fund essential services like roads, sewers, and administration, experts believe the solution isn’t to bring them to zero, but to find an optimal balance. Lowering fees, especially on family-sized homes, could help new projects compete in our high-cost markets. This is particularly important in areas like Vancouver, where many larger newly built homes cost more than comparable resale options, presenting real challenges for families. I keep a close eye on these policy shifts, as they can make a real difference for both buyers and sellers navigating our dynamic real estate landscape.

09/17/2026

Sometimes, a little less colour leaves more room for imagination. 🎨🏡

Neutral walls can create a versatile backdrop and help buyers picture their own furniture, style and life in the space.

Are you team neutral or team bold?



Mayank Verma
Century 21 AAA Realty Inc.
Direct: 778-788-6566

09/15/2026

Sell Your Home for the Best Price, Hassle-Free
Expert marketing, strategic pricing, and negotiation support to help you sell quickly and maximize your profit.
https://www.roomvu.com/services/page/home-selling?agent_profile_name=mayank-verma

09/15/2026

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Mayank Verma
Century 21 AAA Realty Inc.
Direct: 778-788-6566

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