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MESSAGE FROM ELENA

In the world of real estate and mortgages, not much has changed. Inflation went up a little bit in March, just by 0.1%, making it 2.9% now. Mortgage rates haven't changed much either.


There's some good news for people buying their first home: the time you can take to pay off an insured mortgage has been increased from 25 years to 30 years. This change will make monthly payments smaller, which is a big help for first-time buyers. Also, home sales have gone up since last year, so we're definitely in the spring market now.


If you or anyone you know wants some real estate advice or a free home evaluation, just let me know.


Best regards,


Elena

ARTICLE NEWS AND PUBLICATIONS

Sellers are 'back in the driver's seat' in Toronto's housing market, RBC says

A housing correction that RBC once called ‘historic’ appears to have run its course and sellers are now “back in the driver’s seat in most major markets,” a new report from the bank suggests.

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What is capital gains tax? How is it going to affect the economy and the younger generations?

The federal government says its plan to increase taxes on capital gains is aimed at wealthy Canadians to achieve “tax fairness.”

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Expert Tips on Planning Your Garden for Spring

Whether you’re hoping for lush flower beds bursting with perennials or you want to grow herbs and vegetables for the first time, now’s the perfect time to start planning your garden.

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ELENA GORDON

Broker of Record

RE/MAX Gordon Group Realty

647-400-9603