Here are some recent numbers you may find “interesting”.
The price of feeding your family has risen 2.3%.
The cost of operating a motor vehicle has risen 2.8%
Housing prices continue to climb to keep pace with rising Mortgage Rates
Mortgage interest costs rose 5.7%
Homeowner replacement costs rose 6.1%
The two provinces really feeling inflationary pressure are Alberta up 6.3% and Saskatchewan at 3.2 percent, both mainly due to rising costs in housing.
On a happier note, the cost of clothing and computers eased with computer pricing falling 17.3 percent with clothing for men lowering by 2.7% and women’s apparel by 2.1%.
Happy house hunting!
David Shieh
Posted by David Shieh- Abbotsford Real Estate Agent
