Sell a Property
Sell a Property
Call us: 1-877-297-1188
More Blogs

Canadians Show Renewed Interest in Entering the Housing Market homeFree Realty explains 

Canadians Show Renewed Interest in Entering the Housing Market homeFree Realty explains  Recent research by Dye & Durham Ltd. reveals a significant shift in Canadian housing market sentiments. As we step into 2024, more potential homebuyers are ready to make their move without waiting for further price drops or interest rate cuts. This change reflects […]

homeFree

January 19, 2024

Canadians Show Renewed Interest in Entering the Housing Market homeFree Realty explains 

Recent research by Dye & Durham Ltd. reveals a significant shift in Canadian housing market sentiments. As we step into 2024, more potential homebuyers are ready to make their move without waiting for further price drops or interest rate cuts. This change reflects a growing trend of individuals tired of trying to time the market and indicates renewed optimism in the housing sector.

 

Increased Interest in Buying and Selling

Growing Buyer Confidence: Fewer Canadians are postponing home purchases, signaling a boost in buyer confidence. This shift is evident from the decreasing percentage of those waiting for lower prices or interest rates.

Rising Seller Activity: Homeowners are also more inclined to list their properties, with an uptick in selling plans observed in the fourth quarter of 2023.

 

Economic Outlook and Personal Finances

Inflation and Interest Rate Perspectives: While there’s a general anticipation of inflation cooling and interest rates stabilizing, most people remain cautious, not expecting significant decreases in mortgage rates or a more affordable housing market soon.

Financial Concerns: Many Canadians express concern over their personal finances, preparing for increased costs in essentials and a possible recession.

 

homeFree Realty’s Support

Navigating Market Changes: At homeFree Realty, we understand these market dynamics and are here to guide buyers and sellers through this evolving landscape. Whether you’re planning to buy or sell, our team offers expert advice and support.

Feel free to live chat with our team, or reach out to our friends at Rocket Mortgage to get immediate answers to any questions you may have regarding interest rates, mortgage rates or homeowner essentials you need to know. 

Visit homeFree Realty for more insights on the current market trends.

Courtesy of Whatever Else Marketing

SELL SIMPLE.
BUY BETTER.

With homeFree, it’s easy! Finally, a platform that connects buyers and sellers. Offering support and service every step of the way, we save you money and give you back control.
List Now
All the trademarks are the property of their respective owners.
© 2024 homeFree Realty Inc. All rights reserved.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

* Only when the buyer comes direct, otherwise the seller may choose to negotiate a commission with the buyer’s agent.

Legacy Mortgage Group is partnered with homeFree to offer free in-depth mortgage Pre-Qualifications to give you the confidence to shop for your next home purchase.
Please fill in the form, and we will be in touch ASAP.
Legacy Intake Form
X
crossmenuchevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram