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Detached house sales rising in Mississauga as province recovers from COVID-19 pandemic

from Insauga

Detached house sales rising in Mississauga as province recovers from COVID-19 pandemic Insauga When the COVID-19 crisis hit in mid-March, Ontario locked down and people who were looking to buy or sell a home opted to take a wait and see approach — but the nervousness didn't last for long. Although the early days of the pandemic were eventful for the real estate industry — the Bank of Canada cut the overnight interest rate to 0.25 per cent and about 500,000 homeowners deferred their mortgages — prices held steady (and even increased year-over-year) and demand remained pronounced. READ MORE

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