{"id":1441,"date":"2021-05-23T10:30:00","date_gmt":"2021-05-23T17:30:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/mary-hill-rod-rhea-ryan-hayes-neighbourhood-tri-city-realtor-royal-lepage-sterling-sellers-buyers-average-price-increasing-2021-invest-money-supply-active-listings-historic-percentage-2022-future-rise\/"},"modified":"2026-04-08T09:24:09","modified_gmt":"2026-04-08T16:24:09","slug":"mary-hill-rod-rhea-ryan-hayes-neighbourhood-tri-city-realtor-royal-lepage-sterling-sellers-buyers-average-price-increasing-2021-invest-money-supply-active-listings-historic-percentage-2022-future-rise","status":"publish","type":"post","link":"https:\/\/www.rodrhearyan.com\/blog\/mary-hill-rod-rhea-ryan-hayes-neighbourhood-tri-city-realtor-royal-lepage-sterling-sellers-buyers-average-price-increasing-2021-invest-money-supply-active-listings-historic-percentage-2022-future-rise\/","title":{"rendered":"Low interest rates &#038; demand for more space pushed housing market to extraordinary heights (via Financial Post)"},"content":{"rendered":"<p class=\"article-subtitle\">There&#8217;s still time to get in on this hot market.<\/p>\n<p class=\"article-subtitle\">ust when you thought it couldn&rsquo;t go any higher, there it goes again. Despite a pandemic, the average price for a house across all provinces in Canada continues to rise. And while the Canadian Mortgage and Housing Corporation predict that the peak is near, it is unlikely that the real estate market will see much of a decline over the next few years. For those <a href=\"https:\/\/commerce.financialpost.com\/sales\/the-complete-real-estate-investing-learn-to-fix-flip-step-by-step-bundle?utm_source=business.financialpost.com&amp;utm_medium=referral&amp;utm_campaign=the-complete-real-estate-investing-learn-to-fix-flip-step-by-step-bundle&amp;utm_term=scsf-491820&amp;utm_content=a0x1P000004f7c0QAA&amp;scsonar=1\" rel=\"noopener noreferrer\" target=\"_blank\" data-evt=\"click\" data-evt-typ=\"User Interaction Click\" data-evt-val=\"{&quot;control_fields&quot;: {&quot;mparticle&quot;: {&quot;keys&quot;: {&quot;Click Source Type&quot;: &quot;Click Source Type&quot;, &quot;Click Source Name&quot;: &quot;Click Source Name&quot;, &quot;Click Target URL&quot;: &quot;Click Target URL&quot;}, &quot;mp_event_type&quot;: &quot;Navigation&quot;, &quot;extra_keys&quot;: [&quot;Click Source Vertical Position %&quot;, &quot;Click Source Vertical Position Pixels&quot;]}}, &quot;Click Source Type&quot;: &quot;in-page link&quot;, &quot;Click Source Name&quot;: &quot;looking to invest&quot;, &quot;Click Target URL&quot;: &quot;https:\/\/commerce.financialpost.com\/sales\/the-complete-real-estate-investing-learn-to-fix-flip-step-by-step-bundle?utm_source=business.financialpost.com&amp;utm_medium=referral&amp;utm_campaign=the-complete-real-estate-investing-learn-to-fix-flip-step-by-step-bundle&amp;utm_term=scsf-491820&amp;utm_content=a0x1P000004f7c0QAA&amp;scsonar=1&quot;}\">looking to invest<\/a>, this is good news.<\/p>\n<h2><em>Real estate frenzy<\/em><\/h2>\n<p data-async=\"\"><a href=\"https:\/\/www.wealthprofessional.ca\/news\/industry-news\/whats-happened-to-canadians-savings-during-the-pandemic\/337345#:~:text=On%20average%2C%20Canadians%20saved%2014.75,average%20%242%2C701%20in%20Q2%202020.\" rel=\"noopener noreferrer\" target=\"_blank\" data-evt=\"click\" data-evt-typ=\"User Interaction Click\" data-evt-val=\"{&quot;control_fields&quot;: {&quot;mparticle&quot;: {&quot;keys&quot;: {&quot;Click Source Type&quot;: &quot;Click Source Type&quot;, &quot;Click Source Name&quot;: &quot;Click Source Name&quot;, &quot;Click Target URL&quot;: &quot;Click Target URL&quot;}, &quot;mp_event_type&quot;: &quot;Navigation&quot;, &quot;extra_keys&quot;: [&quot;Click Source Vertical Position %&quot;, &quot;Click Source Vertical Position Pixels&quot;]}}, &quot;Click Source Type&quot;: &quot;in-page link&quot;, &quot;Click Source Name&quot;: &quot;During the pandemic, Canadians saved, on average, 14.75 per cent of their disposable income&quot;, &quot;Click Target URL&quot;: &quot;https:\/\/www.wealthprofessional.ca\/news\/industry-news\/whats-happened-to-canadians-savings-during-the-pandemic\/337345#:~:text=On%20average%2C%20Canadians%20saved%2014.75,average%20%242%2C701%20in%20Q2%202020.&quot;}\">During the pandemic, Canadians saved, on average, 14.75 per cent of their disposable income<\/a>, five times as much as in 2019. With more cash on hand, combined with low-interest rates and an increase in foreign investment, we have a trifecta of reasons for an exploding housing market. High demand and low supply have led to bidding wars, driving prices up to astronomical levels, creating a frenzy among buyers and a huge win fall for sellers.<\/p>\n<h2><em>So, what&rsquo;s next?<\/em><\/h2>\n<p data-async=\"\">So if predictions are to be believed, now is still a good time to make your foray into the real estate world. The general consensus of those in the know is that <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-05-06\/real-estate-frenzy-to-crest-in-2021-canada-housing-agency-says\" rel=\"noopener noreferrer\" target=\"_blank\" data-evt=\"click\" data-evt-typ=\"User Interaction Click\" data-evt-val=\"{&quot;control_fields&quot;: {&quot;mparticle&quot;: {&quot;keys&quot;: {&quot;Click Source Type&quot;: &quot;Click Source Type&quot;, &quot;Click Source Name&quot;: &quot;Click Source Name&quot;, &quot;Click Target URL&quot;: &quot;Click Target URL&quot;}, &quot;mp_event_type&quot;: &quot;Navigation&quot;, &quot;extra_keys&quot;: [&quot;Click Source Vertical Position %&quot;, &quot;Click Source Vertical Position Pixels&quot;]}}, &quot;Click Source Type&quot;: &quot;in-page link&quot;, &quot;Click Source Name&quot;: &quot;home sales are likely to jump again this year&quot;, &quot;Click Target URL&quot;: &quot;https:\/\/www.bloomberg.com\/news\/articles\/2021-05-06\/real-estate-frenzy-to-crest-in-2021-canada-housing-agency-says&quot;}\">home sales are likely to jump again this year<\/a>, before easing off in 2022. Of course, before you invest in anything, make sure that you understand what you are getting into and what the risks can be. In short, do your homework!<\/p>\n<h2><em>Time to make your move<\/em><\/h2>\n<p data-async=\"\">Whether you are interested in flipping fixer-uppers, have an eye on commercial real estate, want to get involved in the rental or wholesale market, considering buying property in the United States, or even looking to become a real estate agent yourself, this <a href=\"https:\/\/commerce.financialpost.com\/sales\/the-complete-real-estate-investing-learn-to-fix-flip-step-by-step-bundle?utm_source=business.financialpost.com&amp;utm_medium=referral&amp;utm_campaign=the-complete-real-estate-investing-learn-to-fix-flip-step-by-step-bundle&amp;utm_term=scsf-491820&amp;utm_content=a0x1P000004f7c0QAA&amp;scsonar=1\" rel=\"noopener noreferrer\" target=\"_blank\" data-evt=\"click\" data-evt-typ=\"User Interaction Click\" data-evt-val=\"{&quot;control_fields&quot;: {&quot;mparticle&quot;: {&quot;keys&quot;: {&quot;Click Source Type&quot;: &quot;Click Source Type&quot;, &quot;Click Source Name&quot;: &quot;Click Source Name&quot;, &quot;Click Target URL&quot;: &quot;Click Target URL&quot;}, &quot;mp_event_type&quot;: &quot;Navigation&quot;, &quot;extra_keys&quot;: [&quot;Click Source Vertical Position %&quot;, &quot;Click Source Vertical Position Pixels&quot;]}}, &quot;Click Source Type&quot;: &quot;in-page link&quot;, &quot;Click Source Name&quot;: &quot;Complete Real Estate Investing&quot;, &quot;Click Target URL&quot;: &quot;https:\/\/commerce.financialpost.com\/sales\/the-complete-real-estate-investing-learn-to-fix-flip-step-by-step-bundle?utm_source=business.financialpost.com&amp;utm_medium=referral&amp;utm_campaign=the-complete-real-estate-investing-learn-to-fix-flip-step-by-step-bundle&amp;utm_term=scsf-491820&amp;utm_content=a0x1P000004f7c0QAA&amp;scsonar=1&quot;}\">Complete Real Estate Investing<\/a> course has you covered. It will guide you step-by-step through nine courses, covering the varying aspects of the real estate market just mentioned&#8230;<\/p>\n<p data-async=\"\">&nbsp;<\/p>\n<p data-async=\"\">&nbsp;<\/p>\n<p style=\"text-align: center;\" data-async=\"\"><a href=\"https:\/\/financialpost.com\/personal-finance\/business-essentials\/low-interest-rates-demand-for-more-space-during-pandemic-has-pushed-canadian-housing-market-to-extraordinary-heights\">For More Information: CLICK HERE<\/a><\/p>\n<p data-async=\"\">&nbsp;<\/p>\n<p data-async=\"\">&nbsp;<\/p>\n<p data-async=\"\">&nbsp;<\/p>\n<p data-async=\"\">&nbsp;<\/p>\n<p data-async=\"\">&nbsp;<\/p>\n<p data-async=\"\">&nbsp;<\/p>\n<p data-async=\"\">&nbsp;<\/p>\n<p data-async=\"\">&nbsp;<\/p>\n<p data-async=\"\">&nbsp;<\/p>\n<p data-async=\"\">&nbsp;<\/p>\n<p data-async=\"\">&nbsp;<\/p>\n<p data-async=\"\">&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There&#8217;s still time to get in on this hot market. ust when you thought it couldn&rsquo;t go any higher, there it goes again. Despite a pandemic, &hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-1441","post","type-post","status-publish","format-standard","hentry","category-leisure"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/comments?post=1441"}],"version-history":[{"count":1,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1441\/revisions"}],"predecessor-version":[{"id":3203,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1441\/revisions\/3203"}],"wp:attachment":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media?parent=1441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/categories?post=1441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/tags?post=1441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}