Housing Market | Evelyn Lopes Realty Team_Blog

Tuesday, January 10, 2023   /   by Evelyn Lopes- Klarine

How to Achieve Your 2023 Real Estate Goals (Intro)

How to Achieve Your 2023 Real Estate Goals  (Intro)
EP.# 75

Happy New Year!
It is at this time of year that we pause and reflect on where we have been, and we look forward to where we would like to go - and we create our goals for the new year 2023!
New Year’s Resolutions
Did you know that every year approximately 38.5% of North American adults make a new year's resolution.
22.3% of Canadians will focus on their financial goals like saving money, investing, budgeting and or paying off debt in the new year.
23% of people who do make a resolution, will quit after the first week and only 36% will make it past the first month. In the end only 9% will  keep their new year's resolutions.
14.5% of Canadians cited having too many obstacles as a reason why they did not keep their resolutions.
When it comes to real estate it can sometimes be overwhelming.
Real Estate Goals
Maybe you’re thinking that this is the year that you would like to stop renting and bu! ...

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Monday, November 9, 2020   /   by Evelyn Lopes

The New Normal: A Strong Housing Market Expected to Continue into 2021

The New Normal: A Strong Housing Market Expected to Continue into 2021

Circumstances like a once-in-a-hundred-years pandemic and historic inventory shortages might have made you assume that the housing market would lose steam, but there is plenty of evidence to the contrary. As Canadian Real Estate Association (CREA) senior economist, Shaun Cathcart noted, “records [are continually] being broken” in the residential property market.1
 
Indeed, rather than a slowdown, we are continuing to experience a surprisingly robust real estate market across the country. And experts estimate that these conditions are likely to last into the new year. TD Bank Group Economist Rishi Sondhi predicts that high home prices will persist for the rest of 2020.2
 
Market conditions like fewer available listings, changing criteria for desired homes, and record-low mortgage rates are changing the way people buy and sell homes, most likely in a lasting way. But this sustained acti8 ...

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