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Here’s Some Real Estate Predictions for 2020 from your Mortgage Broker Toronto

By January 28, 2020No Comments
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We pride ourselves on staying on top of current information as your mortgage broker Toronto specialists. Having all the current data means we can get you the best mortgage rates. That’s where we come in.

And it looks a lot like 2020 is going to be a good year to buy a home in the GTA. According to a recent Toronto Real Estate Board release, prices will continue to rise this year. This is on the back of an increase of 4% in the GTA from 2018.

There were other positive indicators for the real estate market from last year that will spill over into this year. Other reports point to a variety of positive conditions to drive real estate in the GTA forward. These include lower unemployment rates in Ontario as well as economic growth. In fact, some real estate professionals are even predicting an average increase in sale price of 6%.

Interesting Stats from Your Mortgage Broker Toronto

The 2020 RE/MAX Housing Market Outlook Omnibus Survey has some other interesting statistics worth noting. For example, the report says that 62% of the Canadians want to live close to dining and shopping locations. As well, 30% of those responding to a survey want to live closer to work.

Whether you are looking for a second home or trying to get into a first mortgage, we can help. We are the mortgage broker Toronto specialists who have experience in the field. We have the kind of proven track record that you need to structure and fund even the most complex deals.

If you’re looking  for 40 years of industry experience and direct access to every major lender in Canada, you’ve stop on the right website. We are the mortgage broker Toronto experts who pride ourselves on fast closings and approvals. Why not get in touch  with us today?