Home Buying

Home Buyers Not Deterred by February’s Cold

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1079 property sales processed through it’s MLS® system in February 2015. This represents a 13.9 per cent increase in sales compared to February of last year. There were 1450 properties listed in February, an increase of 2.6 per cent compared to the same month the year prior. End-of-month […]

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Move-Up Buyers Set To Increase Their Stake In Homeownership

Supported by serious upward appreciation over the past decade, value-conscious homebuyers continue to drive demand for move-up product in the Burlington Area. The greatest trade-up activity is occurring between the $450,000 to $600,000 price point in Burlington. Last year, sales in that segment of the market represented 23 per cent (705 units). The figures are

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Canadian Homebuyers are More Experienced and Financially Prudent

“Emerging from the survey are some very real indications that Canadian homebuyers—and their attitudes—have changed,” says Gurinder Sandhu, Executive Vice President and Regional Director, RE/MAX Ontario-Atlantic Canada. “Purchasing patterns have evolved, with a more conservative, fiscally-responsible purchaser moving to the forefront. While tighter mortgage rules implemented last July played a role in the transition, the

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