For a few homeowners, the end of the road is a power of sale
Real estate industry watchers are growing increasingly nervous about the number of power-of-sale properties popping up on multiple listing services.Rising interest rates are pressuring lenders and borrowers. The Bank of Canada has raised the benchmark rate from 0.25 per cent to 5 per cent over 17 mo
Four buyers bid on condo with a den near Parliament Hill
255 Bay St., No. 811, OttawaAsking price: $469,900 (July, 2023)
New tactics in an unsettled real estate market
Buyers lamenting a shortage of inventory in the Toronto-area real estate market will have a rush of fresh listings to sort through this month.But the added supply is coming into an unsettled market where agents say some retro practices are making a comeback and new tactics are emerging.
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