
Rising mortgage rates could mean a spring slowdown for Canada's housing market!
The pandemic-triggered housing boom has shredded a number of long-standing assumptions Canadians have about real estate.


Rising mortgage rates could mean a spring slowdown for Canada's housing market!
The pandemic-triggered housing boom has shredded a number of long-standing assumptions Canadians have about real estate.

Bank of Canada says buyers are making the housing market more vulnerable to a correction
Homeowners purchasing investment properties are driving up prices in Toronto real estate and making the housing market even more vulnerable to a correction, according to the Bank of Canada.
If you're looking for your next home I'm just a phone call away!

Are you looking to get a Mortgage approved for your next dream home in Canada? Here are the steps that will guide you to make the right move!
1. The Initial Phase
2. The pre-approval Phase
3. The approval phase
Factors into getting approval for a mortgage:
- Character and background
- Capacity
- Credit
- Capital
- Collateral
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Go to school, study hard, get a degree — heck, get another degree if your undergrad B.A. feels useless — and then saddle on up to grownup life in the big city, where big paycheques equate to big houses and the means to start a family.
Hahahaha.

Statistics released by the Canadian Real Estate Association (CREA) show national home sales have already set a new annual record in 2021.
National home sales rose 8.6% on a month-over-month basis in October.
Actual (not seasonally adjusted) monthly activity was down 11.5% on a year-over-year basis.

The year is not yet over, but the Canadian Real Estate Association says 2021 was the busiest year ever for Canada's housing market, with average selling prices climbing to new highs, too.