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Blog by Patricia Houlihan - Personal Real Estate Corporation

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Back to a sellers' market?

It looks like the best time to buy may be slipping away in the near future-all 5 major banks raised their 5 yr rates yesterday-if you haven't bought yet-hurry up (and get your mortgage broker to hold your rate asap).....oh and last month home sales (not prices) were up 18.5% so again, suggesting that the market is moving out of buyers' market so if you want to buy and get optimal rates and pricing, I suggest you hurry!

 

Patricia