Heddle Real Estate - Royal LePage State Realty Brokerage

By Mike Heddle
Posted Thursday, Aug 03, 2023 11:53 am

MARKET SHIFTS TOWARD MORE BALANCED CONDITIONS IN JULY

INVENTORY LEVELS TREND UPWARDS Hamilton, ON (August 1, 2023) – The REALTORS® Association of Hamilton- Burlington (RAHB) reported 806 sales across the region in July 2023, a decl...

By Kelly Ann Scott
Posted Monday, Jul 31, 2023 12:30 pm

Latest interest rate hike will soften housing market activity, but home prices are not likely to go down

Canadians continue to grapple with the increased cost of living, and the Bank of Canada’s latest hike to interest rates this week will add more pressure to variable rate mortgage holders, as wel...

By David Buckingham
Posted Monday, Jul 24, 2023 12:55 pm

VACANT UNIT TAX

The City is instituting a vacant unit tax as one of the measures to address the City’s housing crisis. By creating a disincentive to have units remain vacant, the City aims to bring more housing...

By Mike Heddle
Posted Thursday, Jul 13, 2023 11:10 am

Homebuyers remain determined while sellers step back in response to additional interest rate hikes: Royal LePage

Home prices expected to hold steady through remainder of 2023, despite anticipated drop in activity following second consecutive increase to BoC’s overnight lending rate Second quarter highli...

By Mike Heddle
Posted Monday, Jul 10, 2023 10:10 am

Developers are turning 14 GTA malls into tiny cities, with Cloverdale leading the way - is this the solution to Toronto's housing crisis

In Brampton, Mississauga and Toronto, close to 200 residential buildings are proposed on the sites of older, tired malls. The new 15-minute cities will include condos, parks, recreation centres and ot...