Housing Market Outlook After Inflation Drop and Potential Interest Rate Cut Housing Market Impact (Sales and Prices) The charts above illustrate the potential effects of the drop in inflation and the anticipated interest rate cut on the housing market: Inflation Rate Trend (July to October): As seen in the first graph, inflation has been steadily declining, from 2.0% in ...

Inflation Cools to 2% as New Mortgage Reforms Take Effect – What This Means for Future Housing Prices Brampton - In a notable development for the Canadian economy, inflation has reached the Bank of Canada’s 2% target in August, its lowest level since February 2021. The cooling inflation, combined with the introduction of recent mortgage reforms, could have a significant impact on ...

Announcement by Liberal Government today , 16th September 2024 30-Year Mortgages for First-Time Buyers and New BuildsThe Trudeau government will make 30-year mortgages available to all first-time homebuyers and buyers of newly built homes. This extension is aimed at making homeownership more accessible for younger Canadians by lowering monthly mortgage payments. Increase in Mo...

Maximize Your Real Estate Success with Door Knocking – Guided by HomeLife Paramount Realty At HomeLife Paramount Realty, we know that door knocking is one of the most direct and effective ways to build personal relationships with potential clients. In today’s competitive market, making a lasting impression is essential, and door knocking allows you to do just that. But succes...

What things you should do before buying your home 1. Know What You Want in a HomeBefore diving into the home-buying process, it’s essential to have a clear idea of what you're looking for. Are you seeking a house or a condo? Many buyers, especially first-timers, struggle to decide between the two. Houses provide more privacy and space but come with additional responsibilities ...

Staying Motivated At Homelife Paramount Realty, we believe that every challenge is an opportunity for growth, even when the market is in transition. As realtors, we know that the Toronto market can be fast-paced and competitive, but even during slower periods, there are ways to seize opportunities and move forward. One of the key elements in this journey is leveraging the ...