Buyers: How to Put Your Best Foot Forward
Posted on Feb 19, 2022
Click Image to see full articleHousing prices continue to climb, inventories continue to remain low, demand for housing is intense, and there’s absolutely no relief in sight. It’s a hard time to be a homebuyer right now! Despite that, you can still find a house that you’ll love; it may just take a little extra polish and shine as you head into your...
Co-ownership offers hope to those priced out of housing market
Posted on Feb 18, 2022
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For many Canadians, their first introduction to home co-ownership might have been through The Golden Girls – the sitcom featuring four friends, living together under one roof while respecting each other’s personal space (for the most part).Now, home co-ownership is becoming a reality for more Canadians as house pri...
Housing Shortage Pushes Prices to a Record High in January
Posted on Feb 16, 2022 in Housing Stats
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With housing inventory still at historic lows, home prices surged to a fresh record high in January.The average selling price in January reached $748,450, which is 1% higher from December and 21% higher compared to a year ago, according to data from the Canadian Real Estate Association (CREA).Compared to pre-pandemic lev...
Opinion: Rate Hikes Are About To Get Real
Posted on Feb 16, 2022 in Housing Stats
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On Thursday, one of the most-watched interest rates in the world, the U.S. 10-year yield, broke 2% for the first time since summer 2019. This is the market seeing the future — and realizing that the future likely entails more rate increases than it thought.Many things move Canadian mortgage rates, but few are more import...
