As expected, there is a buzz of activity in the marketplace now that the HST has been replaced by the GST.  Even though for most buyers, unless you are purchasing a NEW home, the HST had no effect on their costs, the perception in the real estate world was that HST made purchasing a home MORE expensive.  Now that it is gone, although there is a transition tax in place, the market has seen some increased activity.  April has opened with a bang!  Many buyers seem to be coming off the fence and going to paper.  This activity is good for everyone, buyers and sellers.  Many sellers that have been on the market upwards of six months have finally received an offer and many buyers have decided they have waited long enough.  This is good for EVERYONE!!!

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Derryanne Hubbard

Derryanne Hubbard

CENTURY 21 Executives Realty Ltd.
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