It’s been another interesting week in Kingston Real Estate as we saw 57 listings reduce their price to attract a buyer. What seems to be on everyone’s mind is interest rates and the Bank of Canada is expected to increase rates on July 13th by .5 to .75 percent.
So if you’re a buyer, it’s really important right now that you call your mortgage broker to lock in your rate so that you can be competitive and find yourself a home in this market.
Watch the latest market update