The Benefits of Rent-to-Own Agreements: A Stepping Stone to Homeownership For many aspiring homeowners, breaking into the real estate market can feel daunting. High down payments, stringent mortgage requirements, and competitive housing markets can make the dream of owning a home seem out of reach. However, rent-to-own agreements present a unique solution that can bridge [...]
If you're eyeing the Ontario housing market, May 2024 presents some compelling reasons why now might be a great time to consider buying or renting-to-own a house. Here’s a quick look at the current state of the market and what makes this period particularly favorable for potential homebuyers. 1. Stabilized Prices After the volatility observed [...]
The sun is out as we are entering into the infamous spring housing market (might be dulled right now as many buyers sit on the sidelines waiting), the seasonal question of this spring market is that of interest rates. Many would-be homebuyers anxiously wait for the rate declines that many anticipate are coming either this [...]
Rent prices resumed their upward trajectory in December, ending the year 8.6% higher from a year ago. The average rent price for all unit types rose to $2,178, according to data from Rentals.ca‘s latest monthly data. Looking back over the past two years, rent prices have risen 22%, or an average of $390 a month. “The [...]
2024 might just be the year that many Canadians buy a home — nearly one in five to be precise — as a recent survey on Canadians’ homebuying plans from Wahi finds. The survey also notes that those under 35 have the strongest intentions and that many plan to sacrifice things in their lives to [...]
