Back to our Regularly Scheduled Program!
I always find it beneficial to take a moment to breathe and re-assess during quieter periods in the market. Summer is typically a slower time (in terms of the number of transactions) in real estate and that allows me to carve out some time for what matters to me the most.
As summer approached and the school year came to an end, it was the perfect opportunity to take some time off work and enjoy quality moments with my kids. We spent a lot of time at the beach, went for daily bike rides and fit in a few visits to cottage country courtesy of our close family friends. Sometimes it can feel like a full-time job keeping the kids entertained throughout the summer but I wouldn’t trade it for anything. These moments do not last forever, and with each passing year they become more independent and ready to take on the world!
With the hustle and bustle of everyday life, it's often challenging to find time to connect with our loved ones. My number one priority was to make the most of this summer by creating unforgettable memories with my children before they headed back to school. My son, Nesta, is off to JK and his big sister, Lana, is in the 2nd grade; I cannot believe how quickly time is moving.
In real estate news, last week the Bank of Canada decided to hold it’s key interest rate at 5%. This comes as a relief to consumers as the increasing interest rates over the past year has led to a challenging financial period for many Canadians, to say the least. We shall see what the BoC intends to do with the rates moving forward, but for now, consumers can breathe a little sigh of relief knowing they won’t be facing any increases to their mortgage payments — if they have a a variable mortgage, or, if they are renewing their mortgage term this month.
Stay tuned for more blogs in the coming days. Whether it is myself or my colleagues at Core Assets Real Estate (CARE), there are some hot new listings hitting the market that are sure to catch your eye!