July 20, 2022 |
If you've been waiting for the market to slow down and maximize your equity, that time is now. Interest rates have gone up but it's not so significant that it should scare you away.
July 13, 2022 |
Canada's central bank raised its benchmark interest rate Wednesday by a full percentage point to 2.5 per cent. That's the biggest one-time increase in the bank's rate since 1998.
July 6, 2022 |
New inventory continues to dribble in and sales also have dropped off slowly. I mean, it is summer after all and it tends to slow down in the warmer months and pick up again in August, but this feels a little different.
June 29, 2022 |
Slightly less new listings added this month than this month last year and considerably less new inventory than this time last month. However, there's even less sales of homes than last month and almost half of what happened last year!
June 22, 2022 |
The market has cooled, prices have dropped and buyer competition has dwindled. Don't let the raise in interest rates deter you from the great market we're still in. Homes are still selling and buyers are snagging deals.