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Interest Rates: A Market Influencer with Temporary Effects
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Interest Rates: A Market Influencer with Temporary Effects Interest rates are considered a market influencer rather than an economic fundamental. A recent analysis of the real estate market shows that while interest rate fluctuations can impact the market, their effects are typically temporary. The slow real estate market in Fall 2023 was primarily due to m...

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Have questions about real estate but not sure where to start?

Ask Me Anything Have questions about real estate but not sure where to start?

Compare the Best Mortgage Rates in Ontario
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Compare the Best Mortgage Rates in Ontario A welcome bonus of up to 40,000 Aeroplan points is available for approved accounts by March 4, 2024. Despite a slight drop in Ontario's average home prices in November, mortgage rates remain high. However, variable rates may decrease in 2024 if the Bank of Canada lowers its overnight rate. The housi...

Canada Housing Market Forecast: Will Prices Drop in Canada?
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Canada Housing Market Forecast: Will Prices Drop in Canada? The Canadian housing market is stabilizing, with a slight decrease in home sales and new listings. The MLS Home Price Index has also slightly decreased but maintains a year-over-year increase. Market observers anticipate a soft-landing scenario and a more active spring market. There are regional var...

WHAT'S AHEAD: Real estate prices may bottom out when mortgage rates drop
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WHAT'S AHEAD: Real estate prices may bottom out when mortgage rates drop The real estate market in Newmarket, Ontario experienced its slowest year in 2023 since 1997, with less than 950 sales. High ownership costs and limited inventory affected the market, but an increase in homes for sale from September to November led to a decrease in prices. Experts predict further pr...