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THE LATEST INFLATION NUMBERS – WHAT DO THEY MEAN?

THE LATEST INFLATION NUMBERS – WHAT DO THEY MEAN?

by jordant | Aug 21, 2023 | Current Real Estate Trends and Updates, Mortgage Rates

July Headline Inflation Rose to 3.3%, But Core Inflation Improved The Consumer Price Index (CPI) rose 3.3% y/y in July, up from a 2.8% rise in June. The acceleration in headline inflation was widely expected due to a base-year effect on gasoline prices, as a sizeable...
MARKET UPDATE- Price moderation and more inventory in July

MARKET UPDATE- Price moderation and more inventory in July

by jordant | Aug 21, 2023 | Current Real Estate Trends and Updates

Home sales in Canada slipped slightly in July compared to June.  The Canadian Real Estate Association is calling that a sign that the market is stabilizing. “Following a brief surge of activity in April, housing markets have settled down in recent months, with...
Market Update and Rates April 14th, 2023

Market Update and Rates April 14th, 2023

by jordant | Apr 16, 2023 | Current Real Estate Trends and Updates

WATCH MY VIDEO HERE Spring is just around the corner, and we’re seeing the usual uptick in buyers! Unfortunately, low inventory means homes are selling quickly, and multiple offers are again in the mix. As a result, prices are inching upward. The Bank of Canada held...
First Home Savings Account for Aspiring Homeowners

First Home Savings Account for Aspiring Homeowners

by jordant | Apr 10, 2023 | Current Real Estate Trends and Updates

April 1 marked the start of the Canadian government’s FIRST HOME SAVINGS ACCOUNT and it’s a really great option for aspiring homeowners to save for their downpayment. I really like that contributions are Tax deductible AND withdrawals are Tax free! If...
B.C. lays out housing plan, warns house-flipping tax imminent

B.C. lays out housing plan, warns house-flipping tax imminent

by jordant | Apr 5, 2023 | Current Real Estate Trends and Updates

Sweeping changes announced by provincial government to tackle housing shortages, soaring real estate prices and the need for more construction. What do you think ? •Government introduces a multibillion-dollar housing plan called ‘Homes for People’. •The...
New First Home Savings Account Launches April 1st, but won’t be available until later this year

New First Home Savings Account Launches April 1st, but won’t be available until later this year

by jordant | Apr 2, 2023 | Current Real Estate Trends and Updates

As a mortgage broker, I understand how important it is for first-time homebuyers to have access to savings options that can help them achieve their goal of homeownership. That’s why I am excited to hear about the federal government’s new First-Home Savings...
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