Tag Archive for: Courtenay

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Will US Tariffs Affect Townhouses for Sale in Courtenay BC?

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If you’ve been paying any attention to the news cycle lately, you’ve likely heard the ‘T’ word on repeat. Tariffs are a topic dominating headlines in both Canada and the United States. With new trade policies being introduced, concern is growing about how such changes will impact key industries like manufacturing, farming and energy exports. But, what about real estate? Specifically, how might tariffs impact townhouses for sale in Courtenay BC?

Understanding Tariffs and Their Correlation to Real Estate

Will-US-Tariffs-Affect-Townhouses-for-Sale-in-Courtenay-BC

On March 12th, the U.S. government imposed tariffs of 25 percent on Canadian steel and aluminum products. These tariffs have a direct impact on industries that rely on exports to the U.S., ultimately affecting various sectors of the economy. While Courtenay is not an industrial city like some others, this change still affects the community.

Historically, uncertainty in trade and economic policy has led to hesitant consumer behaviour. And, this already shows in parts of the nation that depend on auto and parts manufacturing and crude oil exports.

Despite the dip in sales in some Canadian cities, there is a silver lining for buyers looking to purchase townhouses for sale in Courtenay BC. The Bank of Canada recently cut its key lending rate again to 2.75%, meaning that now could be a favourable time to secure a mortgage. And, with less competition from sidelined buyers, you’ll have more negotiating power to get the home of your dreams. 

Contact me About Townhouses for Sale in Courtenay BC 

The impact of American tariffs on townhomes for sale in Courtenay BC is an ongoing and rapidly changing matter. If you are curious about how current economic policy will affect your ability to purchase or sell a home, reach out to me today. I’d be happy to help you explore your options. Be sure to visit my social media for more information and news. 

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Points of Interest Near Real Estate in Courtenay

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If you’re considering making the move to real estate in Courtenay, knowing some of the town’s main attractions can be helpful. This is because it will give you a better idea of the lifestyle and what kind of people live there. When considering a new property investment it’s not always about the physical structure itself; it’s also important to get familiar with the surrounding area. In Courtenay, you’ll discover a wide variety of activities—many of which revolve around the great outdoors. In this article, I will go over some of the resident-favourite attractions in Courtenay. Follow along below to learn more!

What is There to Do Near Real Estate in Courtenay?

  1. Have a Lazy Day on The Puntledge River

During the hot summer months, you’ll likely catch some Courtenay residents floating around on the Puntledge River. This relaxing and equally exciting experience is the perfect way to spend a summer day. If you want to give this a try, grab your favourite tube and park in the Puntledge River Fish Hatchery to begin your adventure. Alternatively, if you don’t have a tube you can rent one for $10-15. 

  1. Go Shopping in Courtenay

Courtenay is home to numerous quaint shops and boutiques. From second-hand stores to crafters, there is something for everyone! I’d recommend beginning your day of shopping with a stroll on 5th Street. Here, you’ll discover numerous local restaurants, cafes and retailers. Don’t forget to bring your camera—downtown Courtenay boasts numerous vibrant murals perfect for photographing. 

  1. Check out the Oyster River Potholes

Vancouver Island has a few different locations where you can find natural potholes. Courtenay is lucky enough to be a resident of one of the locations called the Oyster River Potholes. Here, you’ll find crystal-clear water that’s perfect for cooling off. Relax and listen to the river flow as you take in the gorgeous scenery! 

Contact me Today!

If you are interested in learning more about attractions near real estate in Courtenay, contact me today! I’d be happy to help you get to know the area and all of its best features! For more information about real estate in Courtenay, stay tuned to my blog. And, check out my social media for the latest updates and more. I look forward to working with you soon.