An Update from Chris!

An Update from Chris!

Welcome to the World, Zack Spring Renovation Season Chris is a new Dad! We at PMG wanted to share the announcement that Chris and his wife Jenn welcomed their first born, Zack last month.  Zachary Koa born February 6, weighing 6lbs 15oz.  We wish them all the best through the early months of parenthood. Welcome to the world little guy! Spring Renovation Season You can do it; we can help! At a time when the high costs of housing is making it more and more difficult for home owners to up-size, many families are instead focusing their energy and money on improving existing homes. Not many people have enough cash laying around to complete a major renovation and the prospect of using lines of...

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Genworth Report: Hamilton Overview

Genworth Report: Hamilton Overview

Take a look at the Sales-to-Listing Ratio and summary provided by Genworth. Here’s what you need to know:  We are moving towards a balanced market, so buyers can expect an easier time over the next couple months. Sellers can expect a longer process, but sales...
The Variable Rate War is Heating Up

The Variable Rate War is Heating Up

“Mortgage shoppers looking to get a variable rate are in luck. The country’s biggest banks are currently slashing rates and clamouring for their business,” states a report by Canadian Mortgage Trends. You can (and should) read the full article here. So...
Rates: What Goes Up Must Come Down

Rates: What Goes Up Must Come Down

Rates: What goes up must come down. Or “how I learned to stopped worrying and love the uncertainty” In the past, the simplest way to predict what the Bank of Canada (BoC) would do with it’s key lending rate – y’know, the one that effects the cost of our credit cards,...
Housing Market Update.  Are the Prices (sky) Falling?

Housing Market Update. Are the Prices (sky) Falling?

Is the sky falling on home prices in the first quarter of 2018?  Can pigs actually fly?  Well, we do know one thing – we have the data to help us understand the housing market. We should point out that the first quarter of 2017 (January, February and March 2017)...
CMHC Fall Market Update

CMHC Fall Market Update

Canada Mortgage and Housing Corporation (CMHC) has been helping Canadians meet their housing needs for more than 70 years. As Canada’s authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in...