Do I Buy Now or Should I Wait And Buy Later?

Are you or someone you know still trying to time the housing market? If you are still sitting on the fence, I feel compelled to share a few insights. It is no secret our Government put in policies to slow the growth of the housing market. While some consumers have been sitting on the sidelines waiting for prices to drop, interest rates have continually increased. Our Governments efforts to provide more affordable housing have been for not, as interest rates have moved up far faster than prices have dropped, at least in Calgary. If I’m a betting man, we might see prices drop a little further yet, but it also appears rates will climb a little further yet. So what might this look like? Let’s…