EDWARD  BURDON

EDWARD BURDON

Sales Representative

Keller Williams Complete Niagara Realty Brokerage

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EDWARD BURDON's blog

BoC Rate

Today it is expected that the Bank of Canada will hold the current rate. This is a sign that economic recovery is not coming along as quickly as hoped. Lets see what the BoC does today.

Invest in the USA as a Canadian

Ive been reading articles and doing research on investing in Real Estate in the United States. I believe there is great ROI by Canadians investing in our neighbours. The market took a hit in 2008, but has since started a rebound with unemployment at a record low, people are starting to spend money on housing. I will do a more research on the ROI figures and post some interesting facts shortly

Bank of Canada Interest Rate

The Bank of Canada held the interest rate unchanged at 1.75 per cent Wednesday. The bank has raised its key rate five times since the summer of 2017, they are attempting to keep inflation at an acceptable range The bank last raised its rate in October, before deciding to do nothing in December and then again Wednesday.  The bank did indicate their plan is to raise the rate again sooner rather than later.

2019 Housing market prediction

  • Rising interest rates will be a key factor affecting housing affordability in 2019
  • Sixty-five percent of Canadians do not want to live near a retail cannabis store
  • Home grown cannabis is going to affect home prices and could undermine property values. 

Niagara Parks Festival of Lights

Once again this year the Ontario Power Generation Winter Festival of Lights in Niagara Falls, Canada – November 3, 2018 to January 31, 2019 has started. Each year the festival travels through the Niagara Parks Dufferin Islands and surrounding areas. The main part of the festival stretches 8km and brings the spirit of the holiday season to light!

 

Grape & Wine Festival

Come to Niagara this weekend. The 67th Annual Niagara Grape & Wine Festival 2018 is from September 15 to Sept 30, 2018.

This festival is Canada’s largest celebration of wines and their vineyards. The festival allows you to attend over 100 events consisting of tastings, concerts, foods, street parades, and live entertainments. 

The festival is located in St. Catharines premier downtown park - Montebello Park. 

Toronto rental market

Having spent the last few months working the Toronto market for leases and sales i've come to some very crazy conclusions. It seems the leasing market there is on out of control. Ive had many inquiries from prospective tenants and if you dont get the lease in sight unseen you wont have a chance at the property. There is definetly a shortage of people willing to lease to average people. The current owners are only looking at you if your credit is perfect and all other documents are spotless.

Scorecard Harrys

Scorecard Harrys in old Port Dalhousie celebrated 30 years in business! 

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