If you’re following the headlines related to real estate, you’ve likely about the news release issued by the Canadian Mortgage and Housing Corporation (CMHC) regarding their forecasts for Canadian real estate. CHMC, Canada’s largest provider of mortgage insurance in Canada, estimates an incredible 9-18% decrease in the average home values across the country by 2021.
When you’re looking for a home to buy there are many considerations to take into account: budget, timing, size of the house, neighbourhood, and perhaps other factors unique to your situation.
It’s the time of year where buyers and sellers begin to make plans for a spring market move. If you’re thinking about buying, you’re likely starting to determine your desired neighbourhood, finalizing your budget, and maybe even browsing some open houses. And if you’re planning to sell, it’s time to make sure your home is