Anita and Josh MacKinnon's Blog Posts

The BoC Holds Rate in September Announcement, But More Hikes to Come

SEPTEMBER 5, 2018The Bank of Canada has opted to leave its trend-setting Overnight Lending Rate untouched this month, after hiking it by a quarter of a per cent in July. However, it remains

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Did Canadian Real Estate Prices Just Make An Exhaustion Move? Part 4 of 4

Stage 7: Supply FloodRemember in stage 3, when everyone decided to hold onto their asset to attain maximum value? This is when those people decide it’s a great time to cash in. Everyone blames

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Did Canadian Real Estate Prices Just Make An Exhaustion Move? Part 3 of 4

Stage 5: Inventory IncreaseThe majority of people now believe they’re priced out of the market, or the risk doesn’t make sense. Inventory begins to rise, as a few of the Stage 3 people

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Did Canadian Real Estate Prices Just Make An Exhaustion Move? Part 2 of 4

Stage 3: Inventory DecreaseThe quick rise in prices causes existing asset holders to hold onto their inventory. Why would you sell if you can make more by just holding onto it a little longer? This

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Did Canadian Real Estate Prices Just Make An Exhaustion Move? Part 1 of 4

Did Canadian Real Estate Prices Just Make An Exhaustion Move?AUGUST 24, 2018A few weeks ago, Bay Street’s top strategist invited me to breakfast, to talk kittens and rainbows. Kidding, we

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6 Things that Buyers should know about Purchase Contracts

6 Things that Buyers should know about Purchase ContractsEvery home sale starts with a real estate purchase agreement—a legally binding contract signed by home buyers and

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