Hits: 0 If you are like many out there who have been sidelined from buying a new home due to current market conditions, the wait may soon be over. Canada’s economy is signaling good news for both buyers and sellers heading into the peak spring 2024 buying season, with many experts predicting an imminent housing recovery …
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Hits: 8 If you have been sitting on the sidelines waiting to see how the GTA real estate market will perform, your wait will soon be over. Now is the perfect time to pull out that mop and bucket to help prepare your home for sale. Industry experts believe that home prices will ease in 2024, …
Hits: 8 For the last few years, Canada has made headlines for promoting an extremely inclusive immigration agenda. In fact, since 2019 the government has resettled more refugees than any other country.1 But immigration policies have recently come under fire from Toronto residents who are already tired trying to navigate tough real estate market. Inventory is …
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Hits: 56 As a first-time homebuyer it can feel a bit trepidatious embarking on your first homebuying journey, however that hasn’t stopped thousands of Canadians from successfully becoming new homeowners through the support of key government assistance programs. While the average price of homes in Ontario has been elevated, many experts forecast price growth to decelerate …
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Hits: 65 There are many benefits to owning real estate including appreciation and the opportunity to earn passive income. However, most property owners also don’t consider the risks that come with owning real estate. While you may already have protection in place to hedge against a common hazard, such as a fire or busted pipe, …
Hits: 29 If it feels like the cost of goods and services continues to go up, the likely culprit is probably inflation. Over the last few years inflation has started to have a broader impact on the economy, from your morning coffee to the gas you put in your car to commute to work. One of …
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Hits: 14 Recent inflation has had a tremendous impact on thousands of household budgets across Canada. However, higher food and gas prices are the least to worry about for some consumers who either bought a new home or refinanced at peak pandemic conditions. The Bank of Canada has taken to rapidly increasing interest rates to …
Continue reading “What’s a Trigger Rate and How Does it Impact Your Monthly Mortgage Payment?”
Hits: 36 There is a lot that goes into preparing your home for sale, ideally leaving buyers with a great first impression that will hopefully result in them making an offer. But one of the things that might feel a bit intimidating is decluttering your space. Research shows homes that are too cluttered make it …
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Hits: 4 You often hear economists talk about the housing market in terms of sales metrics, mortgage rates, and home prices. But what many experts subtly discount is the role inflation has on market performance. While inflation may seem like a strange concept, but it’s really just the measure of price increases for goods and …
Hits: 17 There is no debate that the housing market has been performing exceptionally well over the last couple of years, despite headwinds brought about by COVID-19. However, borrowers now face new challenges in the form of increasing inflation and rising interest rates. Mortgage interest rates have been near historical lows for some time as …
Continue reading “Interest Rates Are Rising. Should I Buy Now or Wait Until Later?”
