I hope your holidays were lovely and you are excited about new beginnings for 2023.
I celebrated the beginning of the new year with a visit to La Belle Province, Montreal and Quebec City with my daughter. We enjoyed a wonderful history walking tour, the magical winter wonderland, much walking and exploring and many, many lovely meals and cocktails.
Now to get back to business. 2022 saw a break from the crazy market that emerged during 2020/2021. This was not surprising as this was an artificial market fueled by almost free money, the need for housing style changes and all the while continued low inventory of homes on the market.
2023 will be interesting to say the least. With a ream of new regulations on the Federal, Provincial and regulatory level. Foreign Buyer Ban (still somewhat vague), Ban on Rental Restrictions, Flipping Tax and Home Buyer Rescission Period. All these resulting in new forms, disclosures, and many more pages. What does this mean for you? I have my head around it all and am happy to discuss anytime, just give me a call.
I wish for you that this new year brings you happiness, joy and health.
Michele
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