Bank of Canada Benchmark Rate is now at 3.25% and climbing. What is the benchmark rate? That is the rate at which the BOC lends Money to its first-tier lenders. This has resulted in the highest prime rate charged by our tier 1 lenders in 15 years. The jury of public opinion remains out […]
Be sure to get out and spend some time with the ones you love and enjoy some fun in the sun!
Few can contest that the G.T.A housing market has become a raging inferno. Factually home prices have tripled inside 10 years with the biggest % increase occurring in the last 2 years. According to TREB “Toronto`s Average Home Price set another record in January, nearing $1.3 million.” Most of us can acknowledge that the primary […]
The 1970 super group the Byrd’s made the song 8 Miles High synonymous with a musical era. Perhaps 2022 will usher in a reflectively similar experience to the G.T.A housing market? Please reference the attached opinion of several noted economists for a broader interpretation of this year`s coming housing market. Do not delay in contacting […]
Few can debate that these are the most uncertain of times. Wherever one looks around there is discernable political derision, growing economic inequality and most importantly we are in the middle of an unprecedented health crisis. The million dollar question remains how and where do we go from here? Acknowledging that personal, municipal, provincial & […]
Today, with 186 countries falling under siege from this horrible virus, please take a minute – while you scroll through the following list of the far-reaching consequences of being ill-prepared for this pandemic – to view & listen to Andrea Bocelli sing Music for Hope at the Duomo Cathedral in Milan. This performance occurred this […]
Herd Immunity versus Quarantine! & Equities experience an early Santa Claus rally. Goldman Sachs just hosted an Investee call where 1500 companies dialed in. The key economic takeaways were inclusive of the following: 50% of Americans will contract the virus (150m people), as it is very communicable. This is on a par with the common […]
The Elephant in the Room: Household Debt Deep water is much less scary if you are a good swimmer, and if you aren’t attached to a 6000kg elephant! Several Canadians are trying their best to stay above water, by seeking assistive measures to manage household debt. If household debt is a familiar issue for you, […]
First off, may all of us at Accurate Appraisals & Heritage Caledon Realty wish everyone a most festive holiday season. Secondly, did you know that the next decade has been labelled the “Yold”. To elaborate, for the first time, mankind will have more people over the age of 60 than individuals under 20 years of […]
Toronto is still defying all housing expectations! Presently, there are 162 residential high rise cranes operating throughout the city; this is more than NYC, LA & Chicago combined. Despite this decade-long building boom, prices across the board continue to percolate upward. So where does one find affordable entry level housing in the core of the […]