Jag B  Saimbi

Jag B Saimbi

Salesperson

iPro Realty Ltd., Brokerage

Mobile:
416-996-6218
Office:
1-877-306-IPRO (4776)
Email Me

Jag B Saimbi's blog

Is Current Real Estate A Bubble?

For a long time, barring few momentarily corrections, real estate prices has been going north. Home price growth rate on an average has been in double digits, way surpassing increase in family income. Now it has come to a point where millennials & new immigrants have to wait a long time before they can afford their first home. People are wondering if we are in a housing bubble.

Is it really a bubble?

As an active real estate salesperson, I want to share my thoughts about what’s really happening, what is to be expected in coming time, and possible solutions.

Impact of Federal Budget 2021 on Real Estate

There was some expectation that the Federal Budget would introduce measures to cool the real estate market. The budget touched on these points:

Why Home Prices Are High?

Of late, the housing market here has been growing unexpectedly. Home prices and transactions are reaching record-breaking heights. More importantly this is occurring amid COVID-19.

Here are some of the factors contributing to seemingly limitless home price growth;

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