Market Update November 2019

Market Update November 2019

The November 2019 Market Stats are just in from WECAR (Windsor Essex County Association of Realtors).   Average sale price is up 14.66% at $340,366 compared to this time last year. Listings are down slightly at 559 units down 2.44% compared to this time last year and...

Interest Rates Rising

The Bank of Canada raised its benchmark interest rate by 25bps to 1.75 percent on October 24th 2018 from 1.5 percent, as widely expected. It marks the third increase this year and the highest rate since December 2008. Policymakers said that more hikes will be needed...