We’ve got some big news from the Bank of Canada. It looks like they’ve decided to keep their interest rate at 4.5%, which is the same as last year. But, why is this important and what does it mean for you?

Well, for starters, this is great news if ...

Buying a property under $500,000 in Ontario, Canada can be a great investment opportunity for many reasons. Here are some of the benefits:

1.        Affordability: Properties under $500,000 are typically more affordable and accessible to a wider range of buyers, including first-time homebuyers, young families, and ...

The Bank of Canada recently announced that its policy rate will be increasing to 4.5%. This decision will have a significant impact on the real estate market, both positive and negative. In this blog post, we will explore five pros and five cons of the rising policy ...

As a homeowner, you’re likely aware that Canadian mortgage rates have been on the rise recently. This can be concerning for those who are looking to purchase or refinance their existing homes. However, there are strategies homeowners can employ to help offset rising mortgage rates and save money in the ...

The Bank of Canada has increased rates again to 2.5%. This is the highest level since 1998 and it is a sign that the inflation is being tackled at the cost of home equity but giving new buyers a chance to compete with lower down payments. Now, we’ve heard ...

We've already seen an impact on buyers' purchasing power and financial position as a result of the recent Bank of Canada interest rate increases. Rates are rising and the cost of living is going through the roof. 

Many home buyers may face higher qualifying rates and monthly payments ...

Inflation is on the rise and the only way to combat it, is to raise the rates! Two rate increases this year are scaring off buyers because they are waiting for prices to drop even more and sellers are holding onto their valuable properties waiting for this wave to pass ...

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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood ...