With Spring comes renewed optimism in virtually everything we do. We are going to lose weight, get in shape, travel more or get started on that project around the house that we've been putting off since... well, forever. Its also a time when a lot of us make the decision to buy or sell a home.
Over the past couple years we have seen prices slide in the Real Estate market and more than a few people were starting to wonder when that slide might end. It appears we may be there now. The Mortgage Brokers are busy, this is a good sign. It means buyers are starting to poke their heads out from a 2 year hibernation and are starting to gain confidence that the homes they are wanting are not going to drop in value the second they remove conditions.
It appears that we are in a fairly balanced market right now so whether people are buying or selling they have a renewed confidence in their decisions.
I have attached the latest CMHC Report. Have a look and when you are ready to buy a home or sell your place give one of our agents a call and let us show you what we have to offer.