low interest rates – BRANDON DONNELLY

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All posts tagged “low interest rates”

January 22, 2022

Drive until you qualify

The “drive until you qualify” approach to finding housing that you can afford is a well established practice. Anecdotally, I can tell you that I have friends who are right now looking for a grade-related home under the C$1 million mark. This constraint, as most… Read More

July 7, 2016

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Home prices and negative interest rates

This morning, I am looking at the following chart of average home prices in the Greater Toronto Area: It’s from this Globe and Mail article. These are staggering numbers. The average price of a detached home in the suburbs (905 area code) increased 21% year-over-year.… Read More