4 10, 2021

Canadian Home Prices Expected to be up by 20% by End of Year

By |2021-10-04T16:30:15-04:00October 4th, 2021|Buying a New House, home ownership, Housing Market, Lease-to-own, Mortgages, Real Estate, rent-to-own|0 Comments

Canadian home prices are on the rise with a near 20% projected increase by the end of December, according to the Canadian Real Estate Association’s (CREA) most recent report As home sales across the country saw a slight drop in August, falling 0.5% compared to July, prices continued to rise, bringing the average Canadian home [...]

6 11, 2020

Bank of Canada Signals Low Rates Until 2023

By |2020-11-06T14:40:50-05:00November 6th, 2020|Benchmark Rate, Housing Market, Interest Rates|0 Comments

Mortgage shoppers take note: Cheap money is here to stay, at least for the next two years, the Bank of Canada reaffirmed during its interest rate decision on Wednesday. The BoC had previously provided guidance that rates would remain at their effective lower bound—currently 0.25%—“until 2 percent inflation target is sustainably achieved,” but went a [...]

26 03, 2019

What Does the New Budget Mean for Homebuyers?

By |2019-03-26T10:45:31-04:00March 26th, 2019|Buying a New House, Housing Market, Mortgages|0 Comments

In the recent 2019 Federal budget, a new CMHC initiative (for first time homebuyers) was released that has been created to try and help more people get into homeownership but will it?  And more specifically, who will it help?  It certainly isn't going to work for everyone as the qualifications point out -so would you [...]

8 01, 2019

New Year, New You?

By |2019-01-08T13:50:51-05:00January 8th, 2019|Buying a New House, Choosing the Right Area, home ownership, Housing Market, Lease-to-own, Qualifying for a Mortgage, Real Estate, rent-to-own|2 Comments

  Like everyone else, I find it very hard to set resolutions that I am actually interested in keeping.  I think that when you pay lip service to a resolution it is just that, words that come out of your mouth.  There is nothing concrete about saying "I want to do this.....in the New Year!" [...]

10 02, 2017

House Supply Making it Hard to Find a House

By |2018-02-06T11:26:10-05:00February 10th, 2017|Buying a New House, home ownership, Housing Market|0 Comments

House supply is making it harder to find a home in Ontario and it will only get worse as the population rises unless more homes are built in the province, says the leader of Ontario Real Estate Association. Tim Hudak says that policy makers must focus on supply issues with inventory at record-low levels. “Realtors [...]

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