As home-financing costs have skyrocketed, cash is king once again. Nearly one in 10 new homes in the third quarter were purchased with cash. A big reason: Home-financing costs have risen at a speed un [more]
The impact of interest rate hikes and the mortgage burden on household finances Since the pandemic, Canadian households have been faced with several phenomena economic factors that greatly influence t [more]
Residential property sales fell 1% over the summer across Canada. For now, prices remain stable in some regions while they continue to climb in others. Buyers are not seeing large clearance sales or d [more]
If you’ve thought about buying a home in recent months, you’ve likely encountered a dismaying landscape: There are tons of buyers in the housing market, but hardly any properties available for sale. A [more]
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Failing to not do their homework before setting a price. Not preparing their home to make the best impression for the buyer Pricing their homes incorrectly They’re emotionally involved Selling too har [more]
Over the past month, the Bank of Canada has lowered its overnight rate by a whopping 1.5 percentage points to a mere 0.25% to stimulate the economy including real estate. The idea is to keep buyers in [more]