CREB's just released 2017 forecast predicts the current Buyer's Market is ending & expects balanced market by the 2nd half of this year along with a .8% rise in detached home prices by the end of 2017.
Thinking of buying a home in 2017? Get a pre-approval done ASAP.
More interest rate increases are predicted & not having a pre-approved rate held for you could make your home ownership dreams unaffordable. A $450,000 purchase with just a .5% increase in mortgage rates will cost you $113 more each month in payments & thousands more in interest over the term of your mortgage.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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