Month: May 2023

26% of Canadians plan to purchase an investment property in the next 5 years

May 26, 2023

Despite higher borrowing costs in today’s post-pandemic real estate environment, the aspiration to own property for the purpose of investment remains strong. Twenty-three per cent of Canadians who do not own a residential investment property say that they are likely to purchase one in the next five years……Check in with Frances Snider Royal LePage Royal City Realty for all the details. … More 26% of Canadians plan to purchase an investment property in the next 5 years

End of April 2023 Wellington County real estate update

May 16, 2023

Wellington County real estate shifts into a seller’s market this month as a lack of inventory gives the market a bit of a push. The lower number of new listings is also holding back both unit sales and sales volume. Despite this, monthly average and median sale prices remain on a steady rise month to month……Check in with Frances Snider Royal LePage Royal City Realty for all the details. … More End of April 2023 Wellington County real estate update