Mortgage Minute with Frank Napolitano
Mortgage Minute with Frank Napolitano
Date Posted: June 1, 2020
The easing of restrictions for many Canadians is continuing and contributing to a real sense of optimism. Along with that sense of optimism is the increased focus on the housing market and when is a good time to get into the market.
Though you may have heard that many parts of Canada are experiencing decreases in the number of home sales – the average price of single-family homes, in several markets, remain strong if not increasing. As a result of these promising stats prospective homebuyers in some of Canada’s priciest markets are wondering if the economic crisis triggered by Covid-19 has come with a silver lining for them.
Frank Napolitano, of the Mortgage Minute, discusses the impact of Covid-19 on the real estate market and how the current housing market is just as good a time to get into the real estate market.
Whether or not this is the time for some homebuyers to finally step on to the property ladder will depend on location and timing.
To view the Mortgage Minute with Frank Napolitano, click here: