All this discussion about the house bubble on the verge of bursting, and yet the Bank of Canada makes a bold move in dropping its prime lending rate 25 basis points, further encouraging consumers to jump into the already crowded buyers market.
Residential real estate prices in the Western GTA have continued to increase at a rapid pace over the last 5 years. Even after many experts advised that the average sale prices would start increase at a much lesser rate. The average sale price in Burlington alone has increased 12.5% for the month of March 2015 compared to March 2014.
Helping consumers achieve all of their real estate goals.