In a new report from ServiceLink, the two younger generations are eager to buy a home in 2024 and are undeterred by higher interest rates Younger generations are ready to make a move in their home buying journey this year, according to the latest ServiceLink State of Homebuying...
Here are the top five homebuilding industry trends to watch for in 2024: Growth in New Construction While interest rates have had a big impact on the demand for new construction, we expect to see growth in our industry in the coming year, especially if rates go down by mid...
Realtors see home prices regaining pandemic peaks once Canadians accept the 'new normal' in borrowing rates Home prices should climb back to pandemic peaks by this time next year, says a new report that surveyed real estate brokers across the country. Royal LePage predicts...
Two interwoven questions around every conceivable detail of their operations keep people in this business up at night and hyper-focused by day. How much does it cost? And, how long does it take? Are "vibeflation" and a "vibecession" real or imagined? Does either matter, when the...
Canada takes pride in its multiculturalism, universal healthcare, and commitment to human rights and social welfare. In 2019, when the nation was already grappling with housing affordability issues, the federal government officially recognized housing as a fundamental human right as part of the...
The pandemic mortgage boom has subsided – but there’s still plenty of competition at play At the height of Canada’s pandemic-era housing and mortgage boom, frenzied bidding wars and feverish competition emerged as two of the most prominent trends throughout the country’s hottest...
The latest Senior Loan Officer Opinion Survey on Bank Lending Practices reveals banks plan to continue tightening for the balance of 2023 The federal funds rate, the interbank lending rate set by the Federal Reserve, has increased from 5.25% to 5.5%, the highest level in 22...
For the fourth consecutive quarter, new lot supply inventory has increased, but data from Zonda still reflects a ‘significantly undersupplied’ market nationally Zonda’s New Home Lot Supply Index (LSI) increased 77% from the second quarter of 2022, coming in at 63.4 and now back...
Prospective homebuyers — especially those trying to purchase a home for the first time — are trapped. People who already own a home aren't selling, mortgage rates are staying high, and competition for the few homes on the market remains stiff. Finding a warm place to lay your head in the middle...
@Kim Caswell is a Senior Administrative professional with proven expertise in Sales/Marketing Administration and Customer Service. She also has extensive experience working with consumer products including, pricing, product launches, distribution, inventory, and product positioning. Kim is a...