Dear Home buyers:
Here is a tip which may help you make the decision to purchase your home whether upsizing or buying a first home.
Buy now, as the selection of properties is quite good. This way, you are securing your home before the influx of buyers, if you wait for the springtime. The mortgage rates are still quite manageable.
The real estate market in Canada has changed to a "buyer's market", meaning there is a good selection of listings available for potential buyers to choose from. Our area is close to GTA. The number of sales has declined, but the pricing is holding steady.
Studies have indicated that a good number of people still consider the purchase of real estate property to be a better investment, than mutual funds and GIC's. Real estate is a long-term investment. So, why not enjoy your property.