We need a national housing strategy. Supply and demand are seriously out of balance, with rents at record highs. Immigration and high interest rates brought on by inflation are making our housing situation worse. Letting ‘market forces’ determine supply while massively raising immigration quotas does not serve the public good. The current shortfall in housing […]
Immigration, Housing and Inflation Read More »
We saw a slowdown in market activity for July 2023, something very typical for the summer months here in Waterloo Region. Sales volumes were down by 23% from June 2022 and down 20% compared to the 5 year average for the month of July, coming in at 605 units sold. Listings were up in July.
Waterloo Region July 2023 Home Prices Read More »
What happens when your lender’s appraisal comes in low? It’s something that happens from time to time and definitely shoots stress levels off the chart when it does. A short appraisal can occur when your lender takes a look at your purchase and thinks you’ve overpaid for your property relative to other comparable homes. What
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