Jatinder Kaur Samra

Jatinder Kaur Samra

Sales Representative

HomeLife Silvercity Realty Inc., Brokerage*

Mobile:
647-808-4645
Office:
905-913-8500
Email Me

Hire Top Class Real Estate Agent Who Will Invest In Your Future

August 2018 Market Report

 

# Municipality Active Sold / Month Sold / Year Avg$ / Month Med$ / Month Avg$ / Year Med$ / Year
1 Brampton 1584 675 4960 $708,989 $670,000 $696,187 $660,000
2 Caledon 287 65 572 $849,738 $785,000 $920,489 $820,000
3 Mississauga 1411 712 5483 $683,071 $625,000 $700,523 $631,000
Comments

First time Homebuyers will get Incentives under 2019 Budget !

For example, say you’re hoping to buy a $400,000 home with the minimum required five per cent down payment, which works out to $20,000. With the new incentive, you could receive up to $40,000 through the CMHC. Now, instead of taking out a $380,000 mortgage, you’d need to borrow only $340,000. This would lower your monthly mortgage bill from over $1,970 to less than $1,750
The incentive would be 10 per cent for buyers purchasing a newly built home and 5 per cent for existing homes. Only households with an annual income under $120,000 would be able to participate in the program.

Brain Lara

After hearing the news of change Mortgage rule in Canada, I am really very upset because it may disturb my business. it is really depressing to know about australianwritings.com review qualifying criteria for buyers is made further strict.

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