Good Day, 1-what is happening in the Real Estate Market? 2- Is the Housing market is going to crash in Canada? 3-Is it a good time to Invest Now? 4- If to invest in Real Estate, where to Invest?
Above is questions we're getting from clients all the time & here is the answers for you
1- Due to Bank of Canada keep increasing interest rate according to TREB sales are down 48% year over year so far . prices for Detached homes are down 11% , prices for condos are down2%
2- The housing marking is it will not crash as in Canada we still need lot's of houses to cover all the immigration keep coming over 400,000 yearly plus 200,000 international student
3-I really believe it's the best time to invest as you can get really good deal now because it's buyers market also many developers offering incentives i never seen for the last 15 years been doing pre construction sales.
4- Where to invest? This week we have 5 opportunities to invest at
-East End - The Grand Condos -Pickering By Chestnut hill developments from $500's.
-Mississauga-Above Condos by Marling Spring & RioCan Living from $400's
For more Details Check below |