July 16, 2021

Hot Market, Low Interests Rates - How Will This Benefit Real Estate Investing

RETURN TO BLOG

Executive Properties Capital

Hot Market, Low Interests Rates - How Will This Benefit Real Estate Investing

The Greater Toronto Real Estate market has soared, making it an excellent time to invest in real estate.

Home sales rise significantly

According to the Realtors Association ofHamilton-Burlington, the number of home sales in the area were up 73 percent in March 2021 since the same time last year.

Prices continue to increase

The average price of a residential property also took a significant jump. It sat at $872, 368 in March. That’s up three percent since February, and a whopping 32 percent since the same time last year.

An increase this large is rare, said Donna Bacher, president of the Realtors Association of Hamilton and Burlington.

“The RAHB market area was close to record-breaking activity with a 63 percent increase in sales, a 65 percent increase in new listings and an overall increase in inventory by 27 percent since last month,” Bacher said.“With the spring housing market upon us and the vaccine rollout ramping up, it appears more homeowners are feeling comfortable listing their home and we have started to observe an upturn of active listings.”

Why invest now?

With many interested buyers and prices continuing to increase, it gives investors the opportunity to make a significant return on their investment.

Growing market

The population of the Hamilton area specifically has grown consistently for the past few years, from 2018 through 2021. This means the number of interested buyers is also likely to increase, making the supply that much more valuable. This year, the city’s population sat at 771,000, - a 0.52 percent increase from 2020. That’s very similar to the growth Hamilton experienced from 2019-2020, when the population grew by 0.52 percent.

Low interest rates

Low interest rates are also giving real estate investors the opportunity to borrow money that’s cheap. The savings can be quite significant over time – for example, if you lock in four percent versus five percent over a 15-year fixed mortgage at $500,00 you would save about $46,000 in just interest alone.

We want to work with you

At Executive Properties Capital, we’re dedicated to bringing you premium investment opportunities. We’re a team of dedicated, experienced, and hard-working real estate investors who can help you get started on your real estate investing path.

Why choose us

When you’re looking to invest in real estate, it’s important to work with reliable and committed partners. Working with a reliable partner means that they will be able to timely identify and capitalize on high ROS investments.

When you work with EPC, we do this - allowing you to reap the benefits! Investing with us is a very straightforward and simple process.Contact us today for more information and to get started at Executiveproperties@rogers.com, or through our website at https://www.investwithepc.com/contact-us

Contact Us

Stay in touch.

Let's have a virtual coffee and discuss your real estate investment goals.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.