Things have definitely changed over the last few months, more sellers have entered the housing market, particularly in September with a surge of new listings in all major Canadian markets. This is opposite of where we were prior to the summer where supply was tremendously limited. Why? This is partially due to rising borrowing costs [...]
This seems to be the biggest question I get these days. Some think that house prices will magically drop 20-40% in the next year or so. Some think that interest rates will drop over the same period and it will cheaper to get into their own home when that happens. Some dont believe that rents [...]
Home sales across Canada spiked by 11.3% in April compared with the previous month as activity in the housing market continued to gather pace. While April sales were 19.5% lower than the same month last year, CREA noted that the yearly decline was much less pronounced than in previous months – a sign that the [...]
So you may have heard (as I have been told by many) that the market is going down in value (or crashing) and that prices may drop up to 20% by next year. This is the media for you. Stories written and talked about by people who dont understand the market or what is happening [...]
10 Mistakes to Avoid in Rent-to-Own For most people, a home is the largest purchase they’ll ever make, so choosing the wrong property can have disastrous implications for their wallets and well-being. Still, many homeowners feel a strong sense of pride in putting their mark on the property, building equity and having a place to [...]
