Buying Real Estate in 2022 Turns into 'Nightmare': London Couple
“What these homeowners and those in a similar position should be advised is that it could definitely get worse from here.”
Home sales have a weak start to 2023
Home sales in Canada in January 2023 were the lowest for the month since 2009.
The housing market could make a turnaround by 2024 according to a Desjardins report
Desjardins Economics released a report that predicts home sales in Canada will reach a low in the second half of 2023 and pick up again.
New real estate brokerage helps sellers save thousands in commission costs
Recently, in Burlington, we managed, within a week, [to sell] the house for 3 million dollars. Saved around $71,000 in commission. And I can tell you that he was very happy.
20-30% of ALL Homes are Owned by Investors, JUST RELEASED STATS, 2023 Canadian Housing Market
“Wow! 20-25% of Canadian Residential Properties are owned by Investors, including over 40% of Condo Apartments in Ontario. Newly released first time study by statistics Canada reveals the data many knew was the truth.”
Prices fall more than 30% in certain Ontario markets
“Areas in GTA's suburbs that experienced skyrocketing home prices during the pandemic are now facing a real estate crash.”
BC residents are moving away as life in the province becomes too expensive
Statistics Canada data is showing that people are moving away from BC. 55,000 people moved out of British Columbia (B.C.) to other provinces between 2021 and 2022.