Consumer confidence is a valuable tool for predicting economic growth but a poor predictor of home values.
All in Home Selling
Consumer confidence is a valuable tool for predicting economic growth but a poor predictor of home values.
We are entering the third stage of the real estate cycle characterized by hyper-supply stage. During this stage, investors should be cautious and many would-be buyers step aside to the sidelines.
Less than 20% of Canadians believe home prices will be higher in 6 months. Find out the key reasons why Canadians have lost confidence in what they used to believe was the “safest investment” available.
Many Baby Boomers might choose to sell in 2023. Here are five key drivers of boomers’ decision to downsize and potentially add a lot of housing supply to the market.
We've seen a lot of changes in the Hamilton housing market over the last few years. The impact of the pandemic-induced low interest rates pushed demand through the roof. Now, a near tripling of mortgage rates has contributed to falling home prices.
As far back as 2008, CNN reported on the expected effects of Baby Boomers (the largest generational cohort) retiring from the workforce. The pandemic has accelerated the process.
Canadian consumer confidence is negative and has not started to improve yet.
Higher U.S. interest rates will pressure Canada to match or devalue the Canadian dollar