Sellers Market — It’s an Open House for First-Time Buyers

In life and love, there are possibilities that you’ve never imagined, and what better location to nurture that potential than in your very own home? After vows have been exchanged and cake has been served, the most important experience for newlyweds is purchasing their first family home together. An investment for the future, real estate continues to be the most tangible, stable and secure asset one can make. According to the Annual RBC Homeownership Study conducted by Royal Bank of Canada, Canadians, supported by a strong banking system, have a strong interest in purchasing a home over the next two years. This is a positive sign for buyers in 2011: new government mortgage regulations ensure a more stable housing market; as prices rise, equity increases, making for better long-term home investments. The low-interest rates we currently see are enticing, and greater consumer confidence results from stable employment and rising incomes. All this translates Read more