Posted 7.15.12 @ 9:45
Some realtors are all doom and gloom these days, mostly because of the new mortgage rules released by the government. So is the Canadian, and more importantly, Oakville real estate market boom over? According to CREA (Canadian Real Estate Association) home prices have risen almost 40% in the last 3 years, but they’re expected to stay the same for through next year. So this isn’t a decline in home prices, but it’s not a huge gain like we saw before. What does this mean for you though, and does this mean you shouldn’t buy Oakville real estate now?