July 2023
The demand for ownership housing is stronger than last year despite higher borrowing costs. However, home sales were hampered last month by uncertainty surrounding the Bank of Canada’s outlook on inflation and interest rates. Furthermore, a persistent lack of inventory likely sidelined some willing buyers because they couldn't find a home meeting their needs.
When you decide to sell your home, setting your asking price is one of the most important decisions you will ever make. Depending on how a buyer is made aware of your home, price is often the first thing he or she will look at. Many homes are discarded by prospective buyers as not being in the appropriate price range before they even have a chance of a showing.
Not too many years ago, buying a condo was considered a compromise move. Condos are more affordable, particularly for first-time buyers who have a tough time breaking into the housing market. Until recently the cheap entry fee entitled you to apartment-style living, no yard to call your own, and lusterless appreciation—not an attractive package to most home buyers.
Buying or selling real estate can be a tricky process. There are hundreds of commonly used terms that could make up a language of their own. Here are some home-buying terms that you will most likely encounter when you purchase your home.
Patio furniture can greatly enhance your outdoor living space. By choosing your patio furniture wisely you will not only create a great outdoor ambiance but will also extend your inside décor to the patio and backyard.
