Blog & Market Updates

Ask David Sunday

“Do you see interest rates dropping anytime soon”?

There is some talk going around that the BOC will not be raising interest rates again as they also didn’t raise it in September and October which is good. I heard that rates will not come down until the end...

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Ask David Sunday

“Where do you see rates going”?

Ask David Sunday - “Where do you see rates going”? Even though I’m not a mortgage broker or specialist, we deal with a great amount of brokers out there and bounce ideas off of each other! I don’t see...

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Ask David Sunday

“What are the costs associated with the purchase of real estate in Ontario”?

Ask David Sunday - “What are the costs associated with the purchase of real estate in Ontario”? The first thing you want to do is hire a good lawyer that is not too cheap or expensive. If you’re purchasing...

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Ask David Sunday

“We know you love your conspiracy theories, are there some theories out there that you don’t believe in”?

Ask David Sunday - “We know you love your conspiracy theories, are there some theories out there that you don’t believe in”? Yes! I’m not sure I believe in Paul McCartney being replaced by a...

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Ask David Sunday

“What are the rules around rent increases in Ontario”?

Ask David Sunday - “What are the rules around rent increases in Ontario”? If you bought a pre-construction condo and your unit was eligible for occupancy after November 15, 2018 then you do not have rent...

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Ask David Sunday

“Dave are you mentally unstable”?

Ask David Sunday - “Dave are you mentally unstable”? Yes, that was a real question! And this question came about from some of the topics we talked about on my podcast. Owen and I talk about conspiracies and...

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Ask David Sunday

“Why shouldn’t you hire agents just based on commission”?

Ask David Sunday - “Why shouldn’t you hire agents just based on commission”? Not all agents do exactly the same thing. When looking to sell your home, you want to interview multiple agents and figure out...

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Ask David Sunday

“What is something that surprises you about real estate even today”?

“What is something that surprises you about real estate even today”? One thing that still surprises me is the people who do the For Sale By Owner on their property… Before I got into the industry I...

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Ask David Sunday

“Are you excited about September”?

“Are you excited about September”? Yes! First off the kids are back at school, which is great. Second, the Bank of Canada kept the rate as predicted which gives confidence to the market! I am also excited...

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Ask David Sunday

“Why are rents increasing rapidly”?

- “Why are rents increasing rapidly”? As interest rates increase, it’s affecting affordability for a lot of people to buy a home in this market! This forces those potential buyers into the rental market...

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