Expert Advice on the Decision to Lease or Buy in Business Review Canada

Laura Clapper of Buffini & Company explains what to keep in mind when making a decision whether to buy or lease property.

2011-06-17

SAN DIEGO, CA, June 17, 2011 (Press-News.org) Laura Clapper of Buffini & Company explains what to keep in mind when making a decision whether to buy or lease property.

It's the age-old question on the minds of experienced and first-time homebuyers alike: Is this a good time to buy a home? With the American housing market still in recovery, many Canadians are worried that their own housing market will endure the same tumultuous decline. Is this the perfect time to buy the home of your dreams or will the fear of a potential bubble burst keep you renting?

The good news is that the housing market is in good shape. According to the Canadian Real Estate Association (CREA), housing sales were up in the first quarter of 2011, with changes to the mortgage rules responsible for the boost in activity. Though the market is anticipated to decline slightly, sales activity is expected to grow 2.6% by 2012.

Although Canadian consumers are borrowing at higher levels, experts do not believe that Canada will experience an American-level bubble burst in the housing market for several reasons.

Read the full article here.

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Expert Advice on the Decision to Lease or Buy in Business Review Canada

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