The current real estate market could be described as a “Buyer’s Market”, due in large part to high-interest rates and inflation tempering home prices considerably from the 2021 peak.



However, purchasing a home is no easy endeavor and will be the most significant investment a buyer will ever make in their life. The main factors for buyers that will NEVER change will be Affordability, Where, and How to make the dream a reality.  


The right time to buy a home depends on the right time for the buyer. Sue Heddle Homes is here to help buyers find the best route to achieve home ownership, whether it is for the first time or for the 7th! Let Sue be your guide through the home-buying process. 

Home Buying Q&A


Question: Is there a right/wrong time to buy a property?

Answer:Yes and No! It all depends on personal milestones.


Some buyers are sick of renting and want to build home equity vs giving it to a landlord, others have saved until they have an appropriate...

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The current direction of The Bank of Canada (BoC) to continually raise interest rates to curb record-high inflation has caused a lot of anxiety across Canada as to how to manage not just day-to-day expenses but the cost of home ownership.


Is there a silver lining within this “interest rate storm?”


Even though interest rates are high, this also means that property prices are and continue to be moving lower than peak levels from a year ago. This translates into a great opportunity for Canadians who were priced out during the peak period.

To take advantage of this, the following information for would-be-buyers is key to think about before buying:

1. Secure the rate insurance of a pre-approval. This can save a potential homeowner the heartache of not having one. Securing a mortgage that fits your budget is critical to saving interest costs over a mortgage life span.

2. Remember, choosing a lengthy fixed-rate mortgage to secure a consistent payment schedule over the long term is ultimately...
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Housing affordability seemed to be a priority of the 2022 Federal budget; however, it will remain to be seen how effective some of the actions will prove to be. Buying a home in Canada has become increasingly out of reach for many Canadians, but will this new budget be enough to change the current market?


“TRREB is encouraged that governments at all levels continue to make housing affordability a priority, but it is critically important that governments take actions that will have meaningful impacts. All levels of government should be implementing evidence-based initiatives that address the real cause of affordability challenges, which is an inadequate supply of homes for sale or rent,” said TRREB President Kevin Crigger.


While the Toronto Regional Real Estate board is in favour of the budget actions intended to increase housing supply, it did express concern when it came to the effectiveness of policies intended to suppress demand. In particular, they feel that the focus on...

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