July 2022

THE DEBATE ON FIXED VS VARIABLE RATES

Posted on Jul 18, 2022 in For Buyers



Prospective home buyers must make many decisions while shopping for a home. What neighbourhood to live in? How many bedrooms? How much should they spend? However, one of the most important yet overlooked decisions is what kind of interest rate to get: fixed or variable?

Most homebuyers are not overly familiar with mortgage lingo or the differences b...

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JULY 2022 MARKET UPDATE

Posted on Jul 04, 2022 in Market Updates



Market starts to shift as sales slow
- Sales activity in June eased relative to the past several months and with 2,842 sales, levels declined by two per cent over last year’s record high. While sales activity has remained relatively strong for June levels, the decline was driven by a pullback in detached and semi-detached home sales.

“As expected, h...

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