According to this article, there are 4 key factors that will determine the state of the real estate market in 2016: the price of oil, how low the Loonie gets, mortgage rates, and foreign investment. On the subject of mortgage rates, they “are extremely affordable, making it easier than ever for many new home-buyers (despite […] The post What Will Affect The Real Estate Market in 2016? appeared first on Andy Schildhorn, PREC.
According to this article, there are 4 key factors that will determine the state of the real estate market in 2016: the price of oil, how low the Loonie gets, mortgage rates, and foreign investment. On the subject of mortgage rates, they “are extremely affordable, making it easier than ever for many new home-buyers (despite the modest increase in a minimum down payment for properties over $500,000)”.
For more on the topic: http://www.huffingtonpost.ca/the-rentseekerca-team-/real-estate-trends-2016_b_9052138.html
The post What Will Affect The Real Estate Market in 2016? appeared first on Andy Schildhorn, PREC.
