“Saving any money in the current economic climate is a cause for celebration, but many home buyers will need to greatly increase their down payment savings if they hope to get approved for a mortgage,”...
#housingmarket#housing#homebuyers#realestate
https://t.co/bIgsQrauoR
"While we'll likely experience some ups & downs in home sales in the coming months as rates continue to fluctuate, the lending environment is expected to be more favorable in 2024,..." #housingmarket#realestate#homesales
https://t.co/EraETJ0j0P
“If anything, new listings were on the weak side, working to tighten demand-supply conditions. There’s a risk mortgage renewal payment shocks could set off a wave of distressed sales,”... #housingmarket#housingaffordability#realestate#torontorealestate
https://t.co/2MhCxbUIfN
"Low pandemic-era interest rates sparked a real estate boom across Canada, including in the pre-construction market, but with an increasing number of homebuyers having trouble closing,.." #realestate#housingmarket#interestrates#canadianrealestate#homes
https://t.co/IGbBGLl92J
"The Canadian housing market is expected to remain soft at least for the first part of 2024 while interest rates remain high. But some parts of the country will see busy markets as investors look for lower prices.."
#housingmarket#realestate#homebuyers https://t.co/vmYSrFLcDF
"Canada’s national benchmark price for homes hit its 2023 peak last June, at $760,600,... Many of the country’s major markets have followed suit, including Vancouver, Toronto, Ottawa and Winnipeg..." #homes#housingmarket#housingaffordability#realestate
https://t.co/nXz3fVVjsY
"Urbanation’s latest monthly rent report found that the average asking price for a rental unit in Canada was $2,174 in November, relatively flat from the previous month but an 8.4% increase year-over-year..."
#realestate#rentals#housingaffordability
https://t.co/zRRE3yieN6
"In a city where home prices have proven merciless & few on a five-figure salary can afford to rent or buy a home on their own, it's not just students & graduates having a tough time affording a place in Toronto.."
#housingaffordability#torontorealestate
https://t.co/xX0T4N0DM5
Please note: Terra Firma will be Closed for Winter Holidays as of Mon, Dec 25th and will reopen Tues, Jan 2nd , 2024.
Wishing you all Happy Holidays & Happy New Year!
~ We look forward to serving you in the New Year ~