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Written on February 25th, 2016

South Surrey / White Rock Real Estate and Mortgage Update

 

1)      Oil has steadied over night

2)      Chinese stocks tumbled by 6%

3)      European Markets are showing confidence

4)      Wall Street and Toronto are expected to open higher

5)      Analysts at Citigroup say the risk of global recession are increasing

6)      In 2015, there were recorded 2015 billionaires in the world

7)      China: 568  US: 535

8)      South Surrey/White Rock, we continue with a shortage of listings and homes, selling over the list price

9)      Mortgage Rates, remain unchanged: Prime Rate: 2.70% – Best 5 Year Rate Special: 2.54%

 

Click below for full article:

http://www.wealthprofessional.ca/market-talk/morning-briefing-oil-steadies-chinese-stocks-plunge-6-per-cent-203647.aspx

 

Keeping You Informed.

 

Dave, Cindy and Amanda Walker

The Walker Real Estate Team

HomeLife Benchmark Realty

604-889-5004 or info@WalkerRealEsate.ca

www.WalkerRealEstate.ca