Inside the Industry: When buying or selling a home in Canada, understanding whether the real estate market favors buyers, sellers, or is balanced can help you make informed decisions. Let’s break down these three types of markets and explore what they mean for buyers and sellers.
#NickAnswersReddit: This week, Nick answers a common question from a first-time homebuyer weighing the pros and cons of buying now with a 5% down payment versus waiting to save 20%. Nick discusses the key financial and personal factors to consider, such as the cost of CMHC insurance, monthly mortgage payments, and the potential risks of timing the market.
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