Home for You

Home for You Specializing in Residential and Commercial Resales and Pre-construction Projects

05/19/2021

Inflation rate in Canada has skyrocketed to 3.4%, year on year, beating exceptions of the TSX Gurus. Shelter contributes 27.5% to CPI and housing operations contribute 11.8%. USA is also considering to reduce tariffs on Canadian lumber which will further aggravate housing affordability in Canada as lumber is an essential and main part of houses.
Tools to control inflation include eliminating easy money supply and increasing the discount rate.
Canadians will have to make a difficult decision and make a choice between the devil and the deep sea. If they opt for easy money supply and low discount rate high inflation will continue soaring housing prices and if they go for eliminating easy money supply and higher discount rate to control inflation and soaring housing prices, every day living will become more difficult as there may come more layoffs, bankruptcies and lesser job opportunities.

02/19/2021

Canada lost 231,200 jobs in January, the largest decrease since May last year, led by declines in the trade, transportation and utilities and leisure and hospitality sectors, a report from payroll services provider ADP showed on Thursday.

02/16/2021

10 Year Treasury yields are up by 30 basis points in Canada and 20 basis points in the USA in just one month. The treasury yields are used as a proxy to mortgage rates which means the odds of mortgage rates rising from historic low are high. If 10 year and 30-year yields keep going up, mortgage rates may also rise in tandem with other economic indicators. So, you never know when the markets will flip from seller's market to buyer's market. If you are looking to sell your home decide early and pocket the windfall gains. Muhammad and his team will make your selling experience hassle-free at a very low commission while selling your property at top dollar by sticking to their promise of not entering into multiple representations of representing buyer just to concentrate on your exclusive interests as a seller.

01/26/2021

S & P CoreLogic Case-Shiller Home Prices Indices show November home prices rose 9.5%, one of the highest gains on record!

01/22/2021

Pandemic-driven home sales demand is on fire the world over. In USA 2020 home sales reached the highest level since 2006, according to the National Association of Realtors of USA. Homes Sales in the USA were 22% stronger than December 2019, however, they were more than 47% higher in Canada during the same period according to CREA. Now it is up to you to decide where do you want to invest your money- there where sales rose 22% or there where they rose 47%? It’s not time to wait and lose money, it’s time to invest and make money!

01/22/2021

December 2020 was another month that gave impetus to the rising housing market. December over December comparison across Canada shows sales shot up by a whopping 47.2%, new listings went up by 24.8% and the average price of homes sold across Canada was $607,280 up 17.1%. The price war is not going to end soon, don’t wait for tomorrow and book your home today before it goes out of your reach. We have a big inventory of affordable homes in Ontario, choose one for yourself and join the bandwagon of the winners. Don’t miss out, pick up your phone and call 437-974-5860 to discuss your options.

Address

475 Main Street E
Milton, ON
L9T1R1

Telephone

+14379745860

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