That’s how a recent article from Bloomberg News described Canadian homebuyers.

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And it’s because despite the unpredictability of interest rates, there’s a significant wave of buyers eager to enter the market.

So why now?

A couple reasons

They want to buy before competition heats up.

They’re feeling more optimistic about home prices, ever since November 2023 (Source: Nanos Research).

They can afford it now, when they couldn’t last year.

And for some, it simply comes down to this:

They’ve spent years weighing a home purchase, saving for a down payment, and are excited about the possibility of lower rates. They want a housenow.

Hope this high-level view is helpful even if you’re not in the market.

ASK us at Timi REAL ESTATE

 If you’re serious about buying a home in 2024 /2025, lets connect and develop a winning strategy.

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