To the most of us who are used to have dogs or cats, getting along with their characteristics is as easy as breezy, plus the human body is an ever adaptive biological mechanism, that after some exposure, it adapts to the changes, to the extent that those are imperceptible to you anymore, so if you are thinking to sell your property and have pets? Then expect a huge clean bill or a reduction on you sale price. For the ones that keep the house tidy and clean, free of smells, then this is... [read more]

Bank of Canada prime rate increases by 1%   On this past July 13th, the bank of Canada announced an increase of the prime rate to a full 1%, which means that the new target is 4.7%. Now the question is, how does this translate to the average consumer and especially to the Real Estate Market?. Let's compare how much would you be monthly paying for a hypothetical amount of  $100,000 mortgage, amortized for a 25-year, not compounded . Borrowing... [read more]

Experts say that interest hikes should be over, especially after the latest update from the Bank of Canada (BoC) by holding the interest rate steady for the third consecutive time, this fell quite in line with economist expectations as there is “no excess demand” in the economy, nevertheless the BoC is prepared to raise the stakes again if such measures are needed.  The Canada inflation rate stalled at 3.1% in November of this year, matching the same results as in October... [read more]