Heddle Real Estate - Royal LePage State Realty Brokerage

By Mike Heddle
Posted Friday, Aug 02, 2024 4:03 pm

30-year amortizations on insured mortgages for new build homes now available for first-time buyers

First-time buyers of new construction homes in Canada will now be able to access longer mortgage amortization periods. As of August 1st, 2024, lenders will be allowed to offer 30-year amortiz...

By Mike Heddle
Posted Friday, Aug 02, 2024 11:52 am

Hamilton-Burlington Area Housing Market Sees Inventories Rise as Sales Ease

Prices soften in July offsetting earlier gains Hamilton, ON (August 1, 2024) In July, a total of 804 homes were sold in the Hamilton-Burlington area via the Multiple Listing Service® (MLS®)...

By Mike Heddle
Posted Monday, Jul 29, 2024 10:08 am

Vast majority of Toronto-area new condo investors losing money every month

A new report says Canada’s largest condo market is facing its biggest test in decades as the number of investors losing money every month, and the amount they’re losing, has ballooned. ...

By Kayla Wallingham
Posted Monday, Jul 22, 2024 12:05 pm

Hamilton housing market activity remains stable as some buyers await further interest rate reductions

Aggregate home price increased 1.6% quarter over quarter in Q2 of 2024 HAMILTON, July 11, 2024 – According to the Royal LePage® House Price Survey released today, the aggregate1...

By Brian Shaw
Posted Monday, Jul 15, 2024 12:00 pm

Home prices to rise 9% this year, despite uncertainty over rate cuts, Royal LePage says

The national aggregate home price rose again in the second quarter and is expected to increase further by the end of the year, real estate firm Royal LePage said. The aggregate price of a home in C...