Niagara Market Update

Barrie Housing Report

Barrie Market Update

Sarnia-Lambton Market Update

1. Overpricing
It turns off buyers and the home might sit out longer on the market without an offer. 
2. Not addressing repairs
With a little care, one can manage to present their home nicely and land a series of offers. 
2. Not addressing repairs
With a little care, one can manage to present their home nicely and land a series of offers.

4 mistakes to elude while selling your house

4 Mistakes to Avoid While Selling Your Home

Compare a Range of Offers:

Brokers have access to different banks, lenders, and investors and can help to find the best mortgage.
Protect Your Credit

Brokers can pull your credit report one time and use it for a number of applications.
Education and Information:

Mortgage brokers offer a wide range of services, including helping their customers with long-term planning.

Ways a loan broker can help to renew your loan

Ways a mortgage broker can help to renew your mortgage

When thinking of selling your home, think of the process like a business transaction. Because the market has shifted, the power has suddenly shifted into a potential buyer’s hands.Shift your expectations
It’s important to anticipate the customer’s wants, needs and desires and market your product accordingly.

3 Tips for selling your house in a buyer's market

3 Tips for Selling Your Home in a Buyer's Market

According to BoC, inflation ↓ recently, but we have yet to see a generalized decline in price pressures.
The BoC ↑ rates by 50 basis points by early-Q3, lifting the policy rate to 3.75%.
It also forecast growth would stall from Q4 2022 through the middle of 2023.
Money markets have fully discounted 25 basis points of further tightening at BoC’s next policy decision on Dec 7.
Money markets have fully discounted 25 basis points of further tightening at BoC’s next policy decision on Dec 7.

Higher interest rates still needed to tame inflation in Canada

Hamilton Housing Report

Hamilton Market Update

Mortgage interest costs across Canada are at their highest level in >30-yr.
Housing costs ↑ >11% as Canadian homeowners renew their mortgages at higher interest rates.
The BOC has raised interest rates multiple times this year to lower inflation, lifting its trendsetting overnight interest rate to 3.75%.

Canadian homeowners renewing their mortgages at higher rates

The share of mortgages with ultralong amortization periods has ↑ to ~30% of home loans at Canada’s biggest banks.
Borrowers can change their amortization periods by refinancing.
Every lender is closely monitoring the impact of higher interest rates on its variable-rate mortgage borrowers and considering options for them.

Banks report longer amortization periods on mortgages

Cap rates will need to rise or bond yields will need to fall in order for some deals to make sense for investors.
On the commercial side, valuations and vacancies in office buildings will depend on the qualities of particular buildings.
Also, whether they meet the needs of workers returning after two years of lockdowns will matter.
Long-term, commercial Real Estate fundamentals in Canada will remain strong.
In the short term, stressed opportunities will emerge in the marketplace.
For underleveraged investors, 2023 will be the time to execute on what will be a limited point in time to pick up 50-100 bps of value.

commercial housing market is still full of opportunities

Commercial Housing Market is Still Full of Opportunity

Residential sale prices are expected to ↑ 2-8% in Brampton and Mississauga in 2023.
In early Q4 2022, the avg price of a home ↑ 16% yearly from ~$1M to ~$1.2M in Brampton.
In Mississauga, the avg price of a home ↑ 12% yearly from ~$1M to ~$1.1M.
In 2023, single-detached homes will remain the dominant housing type, followed by condo apartments.
Overall, the balanced market is expected to continue in the Greater Toronto Area in 2023.

Brampton and Mississauga housing market in 2023

Brampton and Mississauga Housing Market in 2023

Toronto

Alabama

Arizona

Arkansas

Atlanta

Austin

Cape Coral – Fort Myers

Central Coast

Charlotte

Chicago

Colorado

Connecticut

Dallas

Florida

Georgia

Hawaii

Houston

Illinois

Indiana

Jacksonville

Los Angeles

Maryland

Massachusetts

Miami

Minneapolis

Minnesota

Missouri

Nevada

New Jersey

New York

North Carolina

North Port-Sarasota-Bradenton

Ohio

Orlando

Pennsylvania

Philadelphia

Portland

Raleigh

Sacramento

San Antonio

San Diego

San Francisco

Seattle

South Carolina

Tampa

Tennessee

Texas

Virginia

Washington

Washington D.C.

Other Areas California

Other Areas USA

Alberta

British Columbia

Calgary

Edmonton

Kelowna

Ontario

Ottawa

Quebec

Vancouver

Vancouver Island

Other Areas Canada

Greater Toronto Monthly Update

Greater Toronto Market Update

Market Report Videos

Tips for Homeowners

Sub-Market Report Videos

Brokerage Videos

Neighborhood Bio Videos

Archive Videos

Spanish Videos

Localized Real Estate Videos
to Win Leads using Toronto real estate Social Media Content

Sign Up to Add Your Branding to Social Media-Ready
Real Estate Videos

Niagara Market Update

Barrie Market Update

Sarnia-Lambton Market Update

4 Mistakes to Avoid While Selling Your Home

Ways a mortgage broker can help to renew your mortgage

3 Tips for Selling Your Home in a Buyer's Market

Higher interest rates still needed to tame inflation in Canada

Hamilton Market Update

Canadian homeowners renewing their mortgages at higher rates

Banks report longer amortization periods on mortgages

Commercial Housing Market is Still Full of Opportunity

Brampton and Mississauga Housing Market in 2023

Localized Real Estate Videos to Win Leads using Toronto real estate Social Media Content

Sign Up to Add Your Branding to Social Media-Ready Real Estate Videos

Niagara Market Update

Barrie Market Update

Sarnia-Lambton Market Update

4 Mistakes to Avoid While Selling Your Home

Ways a mortgage broker can help to renew your mortgage

3 Tips for Selling Your Home in a Buyer's Market

Higher interest rates still needed to tame inflation in Canada

Hamilton Market Update

Canadian homeowners renewing their mortgages at higher rates

Banks report longer amortization periods on mortgages

Commercial Housing Market is Still Full of Opportunity

Brampton and Mississauga Housing Market in 2023

Localized Real Estate Videos
to Win Leads using Toronto real estate Social Media Content

Sign Up to Add Your Branding to Social Media-Ready
Real Estate Videos