Heddle Real Estate - Royal LePage State Realty Brokerage

By Spencer Rioux
Posted Monday, Jun 10, 2024 10:29 am

Interest rate cut unlikely to provide immediate relief for housing market

The cut translates to reduced borrowing costs, but analysts stress that the real impact of the cut will unfold gradually In a move widely anticipated by economists, the Bank of Canada ann...

By Mike Heddle
Posted Tuesday, Jun 04, 2024 11:00 am

May Inventories Rise to Levels Not Seen Since Before the Pandemic

SALES SLOW AS NEW LISTINGS RISE Hamilton, ON (June 1, 2024) – The REALTORS® Association of Hamilton-Burlington (RAHB) noted 1,032 sales in May, marking a 20 per cent decreas...

By Brittany Whitton
Posted Monday, Jun 03, 2024 1:11 pm

Ontario's Homeowner Protection Act 2024: OREA and TRREB weigh in

On Monday, the Ontario government announced the Homeowner Protection Act 2024, which contains new measures to enhance consumer protections for homeowners and buyers, aiming to prevent harmful bus...

By Mike Heddle
Posted Monday, May 27, 2024 2:35 pm

Bank of Canada interest rate cut could be 'tailwind' for GTA real estate

The current rate is 5% A lot of prospective homebuyers are waiting on the sidelines, hoping that the Bank of Canada starts cutting rates as soon as next month, according to a Toronto real estate of...

By Kayla Wallingham
Posted Monday, May 13, 2024 10:04 am

Trudeau lays out housing plan in visit to Hamilton

Ottawa wants to allow rent payment history to count towards credit scores In 2006, the average Hamilton home sold for $217,800. Today, that number is north of $818,300. What’s to b...