Join Peggy on her latest CTV segment as she dives into the Bank of Canada’s recent rate cut and what it means for the housing market. The Bank of Canada announced a 25-basis-point cut, bringing the key rate to 2.25%. Peggy shares her insights on how the last cut didn’t move the market much, and […]
Join Peggy on her latest CTV segment as she dives into the fall real estate market in Simcoe County. She shares how affordability has improved in Barrie, opening doors for first-time buyers, and explains why this region continues to offer attractive options despite past challenges. With interest rates coming down, more people are able to
Join Peggy on her latest CTV segment as she breaks down what’s really happening in the Simcoe County housing market. With prices now reflecting late 2020 to early 2021 levels, Peggy explains why this could be the perfect moment for buyers who thought they missed out in 2022. She also highlights how market activity shifted
Barrie is one of the best cities in the province of Ontario to live in. With a population of 147,829 in 2021, this haven resides 85 kilometers north of Toronto. Surrounded by beautiful Simcoe County, there are endless opportunities for adventure outside. Or, residents can spend a sunny afternoon walking along the waterfront of Kempenfelt
Join Peggy on her latest CTV segment, where she talks about what tariffs and political changes could mean for the housing market. She mentioned that Monday will bring more news and certainty for consumers. Despite incentives for first-time homebuyers driving market activity, many remain hesitant to make a move, which is slowing the housing market’s
Join Peggy Hill in our latest CTV segment as she discusses the recent Bank of Canada rate cut and its implications for the housing market. While the cut was expected, Peggy points out that the accompanying statements are just as important, showing a more careful watch on the economy for any future cuts.She breaks down
Join Peggy Hill on CTV News Barrie as she explores the latest updates on the housing market and mortgage rules. In this segment, Peggy examines how new mortgage regulations might impact affordability for first-time homebuyers and shares her perspective on the 30-year amortization. With mid-summer upon us, she provides an overview of current home prices,
As we enter a new season, the enduring question of interest rates remains on the minds of everyone in Simcoe County. Many homeowners eagerly wait for a decline, under the impression that it will facilitate a more financially feasible path in their homeownership journey. However, in reality, timing the market in real estate is more
Keeping it real. It’s a good tagline, but that’s not why I use it. I’ve always been a straight shooter – I don’t know any other way to be. So, keeping it real…it’s tough out there. Interest rates have gone up nearly 217% in the last year, it’s harder to qualify for a mortgage, the
With Canada’s banking regulator looking for advice on how to minimize the number of borrowers who are too close to the edge, even stricter qualifications may be put in place for those seeking a mortgage soon. As alarming as that news may seem, the rules we have were designed to help ensure that Canadians can