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Michelle Kam on What a Shifting US Economic Climate Means for Toronto Real Estate This Year
Michelle Kam says borrowing costs, investor sentiment and the exchange rate are changing how Toronto buyers and sellers price deals.
- Michelle Kam says U.S. economic changes can affect Toronto condominium deals through borrowing costs, investor sentiment, and exchange rates.
- Kam says buyers should examine variable-rate exposure and the possible effects of trade disputes on construction costs.
- Kam advises buyers to assess how properties would perform under less favorable interest-rate conditions, rather than considering only current conditions.
- Kam says sellers should price homes for current buyer conditions, while buyers should prepare financing, understand their budgets, and act when suitable properties appear.
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82 Articles
82 Articles
The Grand Junction Daily Sentinel+81 Reposted by 81 other sources
Michelle Kam on What a Shifting US Economic Climate Means for Toronto Real Estate This Year
Michelle Kam of Re/Max City Accord Realty Inc. lays out what Toronto buyers and sellers should watch for as economic policy south of the border starts to show up in local pricing and demand.
Coverage Details
Total News Sources82
Leaning Left9Leaning Right6Center52Last UpdatedBias Distribution78% Center
Bias Distribution
- 78% of the sources are Center
78% Center
13%
C 78%
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