Call Marg: 705-446-1762

I was taking a look at something my friend Chuck Charlton posted over at Milton Daily Homes about the correlation between interest rates and home prices.  It got me curious about our area here in and around Collingwood and sure enough, the pattern, while not as pronounced, is the same.


In 2016, prices in our local area have climbed on average, over $200.00 a day.  The prolonged period of low rates has led to steady increases in house prices.  That would suggest that as rates begin to climb, we may see more balanced conditions ahead with prices climbing more in line with economic growth versus interest rates.  Interesting times lay ahead.


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Marg Scheben-Edey

Real Estate Broker
Market Value Appraiser - Residential
Accredited Green Broker™
(designated by the National Association of Green Agents & Brokers)

RE/MAX four seasons
realty limited, Brokerage
Each Office Independently Owned & Operated
67 First Street, Collingwood L9Y 1A2

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