Update On The 2023 Real Estate Market!
  
Recently, our office participated in a presentation along with Mario Mota and Neel Aggarwal from The Steele Group to discuss Canadian Real Estate. Key topics we covered included:
Current interest rates and where they might be headedThe impact of the latest round of interest rate increases on the mortgage and real estate marketHow the different types of mortgage lending is used to fund mortgages todayHow to access the equity in your homeTitle fraud and ways to protect yourselfThe importance of insurance when you have a mortgage
At the end of the presentation, an attendee asked a great question that the team at The Steel Group gathered data for after the event. The question was: Can we compare the last 10 years of total return between Canadian Real Estate vs the S&P 500?
Using the MLS Benchmark in the above chart, since 2012 the average house price has gone from $380,000 to $710,000 or 187%. In the same 10 year time period the S&P 500 has grown 293%. Please note that there are periods of time where either real estate or financial markets outperform one another.
To watch a play back of the event please click the link below:
Please reach out to me anytime for all your finance & mortgage planning needs or to learn more about The Steele Group click HERE.
Helping You Win At Wealth,
Penny Wrightly
Mortgage Broker & Franchise Partner
The Mortgage Centre HometownFinancial #13028
Fun March Break activities in Ontario 2023
Plan a week-long getaway or an overnight stay at a family-friendly resort in Ontario. Discover plenty of family bonding activities and fun things to do with your toddlers, tweens or teens.
Here’s a list of engaging experiences and programs, with something for everyone in the family.
Toddlers and kids
Find fun indoor and outdoor activities to keep the little ones entertained. Animal- and insect-lovers will enjoy wildlife experiences and zoos, active kids can burn off energy at outdoor parks and indoor activity centres, and budding scientists will find lots to feed their curiosity at science centres.
Outdoor parks and wildlife
Rouge National Urban Park
Explore the Rouge National Urban Park, just outside Toronto. Download the Rouge App for a sneak preview of attractions in the park, including wildlife.
Location: 7277 14th Avenue, Markham
Royal Botanical Gardens (RBG)
The Royal Botanical Gardens (RBG) in Burlington hosts a variety of entertaining family programming, and kids are free to play in the Natural Playground.
Location: 680 Plains Road West, Burlington
Wye Marsh Wildlife Centre
Recognized for its vital role in protecting endangered trumpeter swans, this wildlife centre in Midland is a designated Important Birding Area. View diverse wildlife and participate in nature-based, family-friendly activities and events. Kids will especially enjoy feeding the chickadees.
Location: 16160 Highway 12 East, Midland
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The Essential Spring Cleaning Checklist
While we know there isn’t a one size fits all approach to spring cleaning, we could all use a little bit of guidance when it comes to getting our house in order. So we interviewed the experts to get the inside scoop on how to spring clean without stress. This checklist will take you room-by-room to ensure you cover the essential areas of your home. Before you know it, you’ll be back to doing what you enjoy, like going outside and entertaining with friends.
"Personally, I think you should start with the smallest project on the list," says KC Davis, licensed therapist and author of How To Keep House While Drowning. "Our brain registers to complete a project as a powerful reward and it produces motivation to keep going."
If you still don't know where to start, Professional Organizer and author Nikki Boyd, created a card deck, Beautifully Organized In Fifty-Two Weeks, to solve the problem. Boyd took all the tasks on a checklist and turned them into playing cards so you can challenge yourself and your family to tackle one a day.
Trust us, we know that spring cleaning is a giant chore, but after being cooped up in your home all winter, you and your home will appreciate a deep clean to get over those winter blues.
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