Inflation Rates

Declining Home Prices in Ontario: A Comprehensive Guide for Buyers and Sellers

Brantford, Buyers, Cambridge, Guelph, KW, Real estate, Sellers, Waterloo Region, Wellington / By

Introduction The housing market in Ontario and Canada has been a focal point for years, seeing unparalleled growth and skyrocketing prices. However, the market is now showing signs of cooling off. Various regions are experiencing a decline in home prices, influenced by rising interest rates, inflation, and a limited supply of available homes. What does […]

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Impact of Bank of Canada’s June 2023 Interest Rate Hike on the Real Estate Market

Brantford, Buyers, Cambridge, Guelph, KW, Sellers, Uncategorized, Waterloo Region, Wellington / By

The June 2023 Bank of Canada rate hike is making waves in the real estate market. Understanding its impact can help investors make informed decisions. Interest rates and the real estate market share a complex bond. When interest rates rise, mortgage costs increase, potentially dampening property demand. Conversely, when interest rates fall, borrowing becomes less

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