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Will We See An Interest Rate Hike In July?

Toronto Realty Blog

Raise your hand if you remember buying an investment property, at any price, with only 5% down? In July of 1980, the Bank of Canada overnight rate was 9.93%. Much of the news this week was about the potential for another rate hike in July, which was exacerbated by the fact that the Canadian economy (gasp!) My hand is raised.

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Where In The World Are Those Rate Cuts?

Toronto Realty Blog

I closed on my current home in August of 2018 and at the time I had a variable rate. The Bank of Canada has made six policy announcements since the last interest rate hike in July of 2023, and they have left the target rate at 5.00% all six times. TorontoRealtyBlog I told my son this morning, “Sharing is caring.”

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What’s On Your Real Estate Mind For 2024? (Pt2)

Toronto Realty Blog

It’s only been a few days but already, I feel as though this January real estate market is going to be very slow. Prices topped the list with Sales & Inventory ranking second. TorontoRealtyBlog Since we last spoke on Monday, are there any other things on your real estate mind? Any new developments? What do I mean by that?

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12 Things to Know Before Moving to Tucson, Arizona

Redfin

From its diverse neighborhoods and abundance of outdoor activities to its climate and housing costs, this article will explore 12 important things to know before moving to Tucson. Most of the rainfall occurs during the monsoon season, which usually runs from July to September.

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Who Has Questions About Interest Rates?

Toronto Realty Blog

I was actually on a call at the time, and I often take calls from my home office while looking out the window. A 100-basis point hike, for those who didn’t read a single article, let alone headline, last week, hasn’t taken place in this country in almost a quarter-century. Holy f **g s**t balls! A hundred points!

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Asking Rents Negative Year-over-year

Calculated Risk Real Estate

The surge in household formation has been confirmed (mostly due to work-from-home), and this also led to the supposition that household formation would slow sharply in 2023 (mostly confirmed) and that asking rents might decrease in 2023 on a year-over-year basis (now negative year-over-year). Our national rent index increased by 0.3

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Raleigh Housing Market: Prices | Trends | Forecast 2021-2022

Marco Santarelli

It is home to roughly half a million people. The Raleigh real estate market is landlord-friendly, contains several large populations of renters, and has an economic future that ensures long-term growth in housing demand and rents. Homeowners in Raleigh continue to see their homes appreciate because they are in such high demand.

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