It’s becoming a Home Buyers Market
Over the past few years, we have seen a gradual increase in home prices, which is an obvious indication of a seller's market. Lately, sellers have basically been able to name their price and get it; however, times are changing.
There are a number of reasons why we are becoming a homebuyer's market.
The Stock Market: There is a lot of volatility in the stock market that is leading to uncertainty. With all of the ups and downs, people just aren’t sure as to whether this is a good time to invest or not. This leads to uncertainty in the economy.
Canadians are Pulling out: For our northern friends, they are seeing their currency value against the dollar, which means that if they pull their investments out now…