8-Step Guide to Buy Property in Canada Under Any Market Conditions Bank of Canada’s 5th consecutive interest rate increase this year has resulted in the stagnant state of buyers, despite the falling home prices. Consequently, housing market activities are quite slow. Buyers are considering whether they should wait out the consecutive hikes of interest rates or just give in and buy now. Needless to...
Even as 2022 drew to a close, few experts had high hopes for the Greater Toronto Area (GTA) real estate market going into the new year. A November report from RE/MAX Canada forecasted prices in the region to plummet by an astronomical $140,000 in 2023, and the following month, Royal LePage projected the aggregate price of a GTA home will decrease two per cent in the fourth quarter of 2023, compared to...