Home buying looks good for most Canadians
According to the BMO Housing Confidence Report, nearly half of Canadian homeowners intend to buy a property in the next five years signalling a high level of confidence in the housing market.
Despite reports of a cooling down in market, in our eastern Ontario neighbourhood 'For Sale' signs are popping up everywhere. The houses are only staying on the market a few weeks -- if that.
It seems that everyone on our street is catching the moving bug after witnessing their next-door-neighbours packing up and heading for larger homes in desirable neighbourhoods.