Monthly Archives: July 2010
For buyers, Spring is not the best time to buy a home. There is more selection, but there is also more competition from other buyers. Having said that, more homes are up for sale or sold during the Spring time than any other period of the year.
As the Bank of Canada continues to raise interest rates with the improving economy, more homeowners
are selling their properties, but instead of buying a new home they are renting, driving up the cost of
renting in major cities.