With variable interest rates at 3.75% and 5 year rates at 4.22% buying your home can be cheaper than renting. There are a number of incentives available to help you get that home. Currently our market is experiencing a 3 to 5% drop in value. Activity is starting to pick up. Although some areas across Canada are recording higher declines, we have not seen them here.
You may see some larger discounts where builders have inventory they want to unload. In most cases they are paying interest on the funds used to build these models. For a look at listings in the area visit my web site www.collingwoodareahomes.com or email me at firstname.lastname@example.org .