Blog

It's hard to believe that we are already more than halfway through Fall.

After a quiet summer in real estate, with the lowest July/August sales volumn in 2 decades, we look forward to more activity from Buyers and Sellers. The good news is that there were four significant changes.

1. The BOC dropped rates by 50 Bps and clearly indicated that there are more rate reductions to come.

2. The CMHC adjusted the high ratio mortgage purchase price limit from $1Million to $1.5 Million which will open up a tremendous amount of opportunity for buyers...

It's hard to believe that we are already more than halfway through Fall.

After a quiet summer in real estate, with the lowest July/August sales volumn in 2 decades, we look forward to more activity from Buyers and Sellers. The good news is that there were four significant changes.

1. The BOC dropped rates by 50 Bps and clearly indicated that there are more rate reductions to come.

2. The CMHC adjusted the high ratio mortgage purchase price limit from $1Million to $1.5 Million which will open up a tremendous amount of opportunity for buyers...