Changing Real Estate Market

Tuesday Apr 10th, 2018

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Swing Towards More Balanced Market Rising interest rates and stricter mortgage requirements have reduced home buyers’ purchasing power, particularly for those at the entry level of our Canadian market. The supply of apartment and townhome properties for sale today is unable to meet demand. On the other hand, the detached home market is beginning to enter buyers’ market territory. Condo sales are in fact driving the number of properties sold at the moment. Due to demand, the... [read more]

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