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Mcmillan Place MLS® Listings
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Building Info
McMillan Place - 20307 53 Avenue Langley, BC V3A 6S8, NWS845 - Located in the heart of Langley on 204 Street and 53 Avenue. McMillan Place offers 58 townhomes built in 1978 that are professionally managed. This is a great location close to bus stops, IGA, Valley Centre, restaurants, Cascades casino, HD Stafford secondary, Simmonds Elementary, Kwantlen Polytechnic, community centre, parks, recreation and much more! Direct access to major transportation routes including Fraser Highway, allows an easy commute to surrounding destinations. Homes feature two level townhomes, in-suite laundry, spacious living areas and fully fenced backyards with a patio area. McMillan Place offers ample visitor parking, greenspace and playground amenities for the kids! This is a multiple address complex which includes 20301 to 20307 53 Avenue and 5301 to 5307 204 Street. McMillan Place is in a private setting with comfortable townhome living for the whole family - Live here!
Fed would keep near 0% rates for the foreseeable future
The Fed’s governing body, the Federal Open Market Committee (FOMC) said in a statement that it would keep the target range for the federal funds rate at zero to ¼%, “and expects it will be appropriate to maintain this target range until labor market conditions have reached levels consistent with the Committee’s assessments for maximum employment and inflation has risen to 2 percent and is on track to moderately exceed 2 percent for some time.”
BC Real Estate investment decline to its lowest level since 2015
A total of 84 deals valued at $1.5 billion were completed during the first six months of the year. This was far below the levels seen from 2016 to 2019, which saw first-half investment in office, retail, and industrial assets exceed $2.7 billion in each category.
Latest figures from the Canadian Real Estate Association showed that at present, it would only take 2.6 months to sell all the residential listings in the national market. The national average home price shot up by 18.5% annually last month, exceeding $586,000.
An earlier poll by Reuters predicted that the rate would stay at 0.1%, essentially unchanged from the July reading. This was far below the Bank of Canada’s 2% target, and lower than even the modest 0.4% year-over-year increase projected by economists in a Refinitiv survey.
As Pandemic goes on, what should Canadians strategic plan with their U.S. properties?
Owning a U.S. property, whether it’s a second residence an owner is unwilling to travel to, a vacation rental that has been sitting empty since April, or a long-term rental whose tenants can’t pay their rent, is not the largely frictionless experience it was in January or February.
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