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Regardless of the reasons and there is always a direct impact on the house buyer with respect to the mortgage rates. These constant lower rates have fuelled a great demand to Toronto’s market, but unfortunately credit card rates have put a damper on the active market. However, homebuyers will wait to buy, upgrading their present homes, once the affordability is there...
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Not only did the employment rate go up, but also the average disposable income in Canada has been on the rise. This shows that more people can afford homes. In general, the southern Ontario geographical area has been the engine that runs Canada as far as the location of industries, trade and commerce...
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