Real Estate Minute with Steve-April 3, 2023
Monday, Apr 03, 2023
Quick update on the market current inventory 10,368 units with 1,170 selling, lower inventory this week with more sales is a recipe for higher selling prices even if its slightly
As were heading into mid of 2023 the interest rates will begin to get lower based on the start of the Federal campaign trail to boast the economy.
Currently Td has a bought down rate through rate hub.ca (http://hub.ca) for 5.15% and there posted rate at 5.54%. The rates will continue to get lower leading into next year hopefully 3
.75% to 4.25%.
