Foreign investment and its effect on the Canadian real estate market, including Niagara-on-the-Lake.
When you consider that many of the buyers in NOTL are coming from Toronto, it’s up to the Real Estate agents to disclose and steer people through these situations.
The Niagara-on-the-Lake real estate market has always followed market activity in the Greater Toronto Area, and our town has become the stomping ground for retirees from the GTA.
The rampant house flipping that is occurring in the BC real estate market has the Real Estate Counsel of Ontario on guard. I am basing this blog post on the article found in today’s Globe and Mail by Tasmin McMahon.
How does the Loonie affect Niagara’s Real Estate Market? An interesting article in the Globe and Mail puts things into perspective regarding the decline of the Canadian Dollar.
List your home at Christmas? I was not always interested into selling real estate, at least not until I sold my own house to HomeBuyersBirmingham.com for absolutely no commission. When I first started selling real estate, 28 years ago, the Christmas Holidays were a dead zone for activity.
An article by The Canadian Press that looks at the Canadian housing market over the next two years (2016 and 2017).
This blog post is in reference to Tamsin McMahon’s article in The Globe in Mail – Retirees scaling back their housing costs – but not their lifestyles.