February 2021 RSS Feed

Found 2 blog entries for February 2021.

Long term clients of ours were able to snatch up this XL bungalow with an amazing backyard right across from the park. Not only is this a great rental property but this purchase now gives them 130 feet of frontage, on the park in a community ripe for redevelopment.

When investing it’s important to have a plan based on real info. We know there is a large developer looking at redeveloping this neighbourhood in the next 10 +/- years and having 130 feet gives our clients major leverage.

Meadowlark Park

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January sales were the highest they have been for the month since 2014, as housing market momentum from the end of 2020 carried over into the start of 2021.

Sales activity improved across all product types and across all price ranges.

“Discount lending rates are exceptionally low, which is likely attracting all types of buyers back into the market,” said CREB® chief economist Ann-Marie Lurie.

“New listings in the market were also slightly higher than what was available over the past two months, which is providing more options to purchasers.”

January’s new listings were 2,246 relative to the 1,208 sales in the market, causing inventories to edge up over December levels. These types of movements are typical for January, but 2021 is starting the…

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