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Brampton and Georgetown Real Estate

  Welcome to my Brampton & Georgetown Real Estate website.  I have designed this web site in such a way that you can easily search for your dream home, arrange for a Market Evaluation of your current property, find out about mortgage rates and options and get prequalified, check out my background and of course ask me questions by completing and submitting a simple form.
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Check out my

July Real Estate Newsletter

 
 
Featured Properties
Click on a photograph for details
 
77 Fleetwood Crescent, Brampton
Brampton Real Estate - 77 Fleetwood Crescent
 
196 May Street, Rockwood
Georgetown Real Estate - 196 May Street
 
509-1 Ripley Avenue, Toronto
Toronto Real Estate - 509-1 Ripley Avenue
 
236 Churchill Road South, Acton
Acton Real Estate - 236 Churchill Road South
 
56 Monterey Avenue, Brampton
 
Thinking about making a move?
Don't hesitate to contact me today.
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  You Heard It Here  
The interest rate used for mortgage qualification which was set at 5.34% has fallen to 5.19%. This will allow a buyer making $50,000 a year to afford a home that’s $4,000 more expensive, and someone earning $100,000 a year can afford $8,300 more.
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  Investment in Canadian residential construction reached $10.4 billion in May, up 2.8% from the previous month. Within the residential sector, multi-family construction continues to dominate investment with a 7.6% increase in May to $5.5 billion. The single-family sector was down 2.2% to $4.9 billion.  
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  The Ontario government has passed legislation which aims to tackle the province’s housing crisis. The More Homes, More Choice Act will cut red tape, help keep costs predictable, and encourage new and innovative solutions to housing design, construction, and ownership.  
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  Canadian inflation data released recently reveals that the cost of living is rising; but that should give the Bank of Canada another reason to maintain interest rates at their current level. Data from Statistics Canada shows a 2.4% rise for the Consumer Price Index on a year-over-year basis in May, up from a 2.0% increase in April. This was the largest gain since October 2018 and beat expectations for 2.1% according to experts polled by Bloomberg. Meanwhile, core inflation rose to its highest level since 2012.  
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  Canada’s population rose in the first three months of 2019 but it isn’t cause for celebration for the housing market. Although there were 98,410 more people in Canada than in the previous quarter, the growth was driven by non-permanent residents. This sector gained 31,547 while the number of new permanent immigrants was the lowest for 4 years (65,959). The overall gain was 0.3% in Q1 2019 compared to Q4 2018 taking the total Canadian population to 37,412,852.  
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  An initiative designed to help ease the affordable rental homes crisis will provide funding for hundreds of new homes in Toronto. The three new towers will be funded through CMHC’s Rental Construction Financing initiative (RCFi) with $357 million to build 761 homes of which 229 are affordable units and 532 are market units. There will also be 4,371 sqft of non-residential space.  
     

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