These are not huge changes for most buyers and home owners but they are worth noting.
Also worth noting is the reference to a 9-18% drop in values.
RBC Senior Economist Robert Hogue addressed this with the opinion
that Hamilton and smaller communities surrounding large cities
are likely to see a much smaller decrease in value, if any.
I am adding my opinion to the "if any" because we already have a line up of buyers and, we
could easily see buyers who are unsuccessful in Toronto, Oakville, Mississauga, Burlington
head our way for "more affordable housing".
Free Virtual Reality Tour for every listing!
Steve Devisser / Salesperson - Cell 905 537 4357
Selling your house or Condo? Call me.
City Real Estate Brokerage
793 Main Street East, Hamilton, ON L8M 1L5, Canada
Office Phone: 289-389-2323 ext. 221