Toronto Housing Market Forecast

Toronto Housing Market Forecast

Toronto Housing Market Report Despite rising mortgage rates, buyers in the Toronto housing market became more active in February. New stats from TRREB show sales grew another 33% after a 33% growth during January. Clearly, buyers are once again interested in purchasing homes and aren’t deterred by excessive lending rates or ridiculously low affordability. Home…

Is the US Government Shutdown a Good Thing?

Is the US Government Shutdown a Good Thing?

US Government Shutdown The theatrics of negotiations between Democrats and Republicans over excessive spending continue at the White House this weekend. A coalition between House speaker and McCarthy (who speaks about himself in press sessions) and the Democrats reached a short-term measure to keep the US government open as did the more recent one with…

Housing Market Crash?

Housing Market Crash?

Dreaming of a Housing Market Crash? As the FED pushes the envelope on interest rate and mortgage rate rises, many buyer prospects continue to hope for a housing market correction with lower prices. Well okay, they would prefer an outright crash. Because prices are unreachable no matter what mortgage rates are.  And it will take…