Renting vs Buying - What you need to read

Renting or Buying?  What to choose is huge financial decision.  As real estate prices continue to increase, high rates for rentals, low inventory on the market..... how to know what is right for you?  These decisions can be overwhelming.

The New York Times featured an article on this very subject and included an interactive Renting vs Buying calculator.

It allows you to plug in the costs of buying a home vs. renting and will recommend which is a more affordable option.

Being informed is always a good idea.  There is a lot of information out there. 

 

Here are other useful links:

Canadian Average Housing Prices 

Canadian Mortgage and Housing Corporation

Renting Guidelines

 

If you need a recommendation on a Mortgage Broker or rental company I will be happy to help.  Feel free to share or repost this Barrie Real Estate Blog. 

 

 

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