D.R. Coell & Associates

D.R. Coell & Associates Real Estate Valuation and Advisory Services Since 1974

Following the announcement on April 29th, the Bank of Canada has continued to keep the interest rate cut steady at 2.25%...
06/10/2026

Following the announcement on April 29th, the Bank of Canada has continued to keep the interest rate cut steady at 2.25% as of this morning. In their press release they announced:

“Governing Council decided to maintain the policy rate at 2.25%. Economic activity in Canada has been weak and uncertainty about US trade policy persists. The conflict in the Middle East is ongoing and oil prices remain elevated. Governing Council is continuing to look through the war’s near-term impact on headline inflation, but will not let higher energy prices become persistent inflation."

The next interest rate announcement is scheduled for Wednesday July 15, 2026.

https://www.bankofcanada.ca/2026/06/fad-press-release-2026-06-10/

What is Economic Life in real estate appraisal?Economic life refers to the period during which a property’s improvements...
06/04/2026

What is Economic Life in real estate appraisal?

Economic life refers to the period during which a property’s improvements add value to the overall property. Factors like regular maintenance, renovations, and functional updates can extend economic life, while deferred upkeep or obsolescence can shorten it. Understanding economic life is essential when assessing value, depreciation, and long-term investment performance.

Learn more at www.drcoell.com

A few birthdays, some cake, and a great excuse to get everyone together 🎉Always nice to take a break and celebrate as a ...
05/28/2026

A few birthdays, some cake, and a great excuse to get everyone together 🎉

Always nice to take a break and celebrate as a team.

🌷 Happy Victoria DayWe’d like to wish everyone a safe and enjoyable Victoria Day. As we take time to mark the long week...
05/18/2026

🌷 Happy Victoria Day

We’d like to wish everyone a safe and enjoyable Victoria Day. As we take time to mark the long weekend, our office is closed today and will reopen tomorrow during regular business hours.

🌸 Happy Mother’s Day🌸In honour of Mother’s Day, we’d like to extend our appreciation to the mothers and mother figures i...
05/11/2026

🌸 Happy Mother’s Day🌸

In honour of Mother’s Day, we’d like to extend our appreciation to the mothers and mother figures in our lives and communities. We hope the weekend brought a well‑deserved pause and time spent in ways that felt meaningful and enjoyable.

Warm wishes from all of us at D.R. Coell & Associates. 💐

Exciting opportunity at DR Coell & Associates!Are you a motivated individual looking to gain valuable industry experienc...
05/06/2026

Exciting opportunity at DR Coell & Associates!

Are you a motivated individual looking to gain valuable industry experience and enhance your career skills? D.R. Coell & Associates is seeking a Full-Time Administrative Assistant to join our experienced and diverse team of real estate appraisers!

If you're interested in joining our team and embarking on a rewarding career journey, please submit your resume and a cover letter via email to Kasey Allsopp, office manager, at [email protected]

Following the announcement on March 18th, the Bank of Canada has continued to keep the interest rate cut steady at 2.25%...
04/29/2026

Following the announcement on March 18th, the Bank of Canada has continued to keep the interest rate cut steady at 2.25% as of this morning. In their press release they announced:

“After a contraction in the fourth quarter of 2025, growth is forecast to have resumed in early 2026. Consumer and government spending are supporting economic activity, while tariffs and trade uncertainty are weighing on exports and business investment. Housing activity declined in the fourth quarter and is being held back by slow population growth, economic uncertainty and ongoing affordability issues. The labour market is soft, with subdued employment growth over the past year and job losses in sectors targeted by US tariffs." "Against this backdrop and taking into account the current projection, Governing Council decided to maintain the policy rate at 2.25%."

The next interest rate announcement is scheduled for Wednesday June 10, 2026.

https://www.bankofcanada.ca/2026/04/fad-press-release-2026-04-29/

🌍🌿 Happy Earth Day! 🌿🌍Today we celebrate our planet and the communities we work in. Earth Day is an opportunity to refle...
04/22/2026

🌍🌿 Happy Earth Day! 🌿🌍

Today we celebrate our planet and the communities we work in. Earth Day is an opportunity to reflect on how small, intentional actions contribute to a healthier future and to appreciate the environment that supports us all.

🐰🌸 Happy Easter 🌸🐰From all of us at D.R. Coell & Associates, we’d like to wish you a happy and restful Easter long weeke...
04/02/2026

🐰🌸 Happy Easter 🌸🐰

From all of us at D.R. Coell & Associates, we’d like to wish you a happy and restful Easter long weekend. May it be a time for fresh starts, spring renewal, and enjoying meaningful moments with family and friends.

Please note that our office is closed tomorrow for Good Friday and we will return as usual on Monday.

Following the announcement on January 28th, the Bank of Canada has kept the interest rate cut steady at 2.25% as of this...
03/18/2026

Following the announcement on January 28th, the Bank of Canada has kept the interest rate cut steady at 2.25% as of this morning. In their press release they announced:

“With recent data pointing to weaker economic activity and uncertainty elevated, risks to growth look tilted to the downside. At the same time, inflation risks have gone up due to higher energy prices. We will continue to assess the impact of US tariffs and trade policy uncertainty, and how the Canadian economy is adjusting. We are also monitoring the unfolding conflict in the Middle East closely and assessing its impact on growth and inflation."

The next interest rate announcement is scheduled for Wednesday April 29, 2026.

https://www.bankofcanada.ca/.../fad-press-release-2026.../

Address

2298 Bowker Avenue
Victoria, BC
V8R2E4

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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