What direction is the market going? 

October 3, 2023

With the key interest held on September 6th, we took a step in the right direction for increased buyer confidence. The rate hold, in combination with many investors pulling back from the real estate market over the last year, provides a unique opportunity for those looking for primary use homeownership to engage in a less competitive market. This past spring when rates were held home prices quickly increased. Hard to say if another rate hold or two will do the same, but with that in mind, the Fall could provide good options for buyers before the market becomes more competitive. With the large influx of immigration planned, we are still in a housing shortage and demand (along with prices) should increase as rates stabilize. As always, reach out if the DL Group can assist. All the best! 

– Dave

In this edition:

  • 5 key takeaways from Bank of Canada’s decision to hold key interest rate ?
  • Blue Jays Foundation helping our community! 
  • August statistics for waterfront & non-waterfront properties ?
  • Fun Fall activities in Muskoka ?
  • Are you after an awesome waterfront cottage, a serene property, an investment property, or a custom-built home? We’ve got them all; check them out below  ?

News and Updates

A few good reads

August Market Stats

Want stats more specific to your area? Reach out and we can create a custom report just for you!

Must See’s In Muskoka

This month in Muskoka – For The Love of Dogs exhibition is open, Sandhill is back with its Fall Festival, and Join Coldwell Banker this year at the Huntsville Fall Fair; it’s sure to be a fun weekend!

FOR THE LOVE OF DOGS
September 8 to September 23
15 King Street, Bracebridge
For more information, click here

SANDHILL’S FALL FESTIVAL 
September 15 to October 22
1686 Aspdin Road, Huntsville 
For more information, click here

HUNTSVILLE FALL FAIR 
September 22 to September 24
Huntsville, Ontario
For more information, click here

Thanks for taking the time to read!
Cheers, Dave