Miki Furman Realtor at RARE Real Estate

Miki Furman Realtor at RARE Real Estate Dedicated Realtor who thrives on negotiating and data. My philosophy: service leads, value follows.

Thinking of refinancing your mortgage but waiting for lower rates? 🏡 The current fixed rates starting at 3.99% may be te...
04/11/2025

Thinking of refinancing your mortgage but waiting for lower rates? 🏡 The current fixed rates starting at 3.99% may be tempting, but the best time to refinance is NOW!

With current volatility in the market, many homeowners are jumping at the chance to refinance and save on payments or access home equity. Speculating on further rate cuts could backfire, leading to possible penalties and missed opportunities. The financial landscape is unpredictable, so don’t let hesitation cost you!

By acting quickly, you can secure favorable terms and avoid the pitfalls of fluctuating rates. Have you considered your refinancing options yet? Share your thoughts!

The tension is escalating as the US plans to more than double existing duties on Canadian lumber, jumping from 14.4% to ...
04/08/2025

The tension is escalating as the US plans to more than double existing duties on Canadian lumber, jumping from 14.4% to a staggering 34.45%! This move, stemming from allegations of government subsidies in Canada, could lead to significant increases in housing costs for Americans—up to $9,200 per home! 🏡💸

While Canadian officials deem these tariffs unjustified, many in the US lumber industry argue it’s time to support local production. About 30% of softwood lumber consumed in the US comes from Canada. Is this the right path for our economy, or are we risking affordability in housing?

🏡 Looking to buy a home or renew your mortgage? Now is the time to act! Mortgage rates in Canada are on the decline, in...
04/04/2025

🏡 Looking to buy a home or renew your mortgage? Now is the time to act!

Mortgage rates in Canada are on the decline, influenced by the recent drop in bond yields, which saw the five-year yield dip to 2.52%. With economic uncertainties causing fluctuations in the market, it's vital to lock in your rate now to ensure you don't miss out on these favorable opportunities.

Mortgage providers often allow rate holds for several months, giving you a safety net while you shop. Don't risk potential increases; securing a lower rate today could save you big tomorrow! 💰

Have you locked in your mortgage rate yet? Share your thoughts below!

🚨 Market Alert! 🚨 GTA home sales plummeted by 23.1% in March, with just 5,011 homes sold. Economic uncertainties and inc...
04/03/2025

🚨 Market Alert! 🚨 GTA home sales plummeted by 23.1% in March, with just 5,011 homes sold. Economic uncertainties and increasing trade concerns are causing potential buyers to adopt a “wait-and-see” approach.

In contrast, the inventory is rising! 17,263 new properties hit the market last month—up 28.6% year-over-year. With the average selling price decreasing to $1,093,254, buyers now have more choices and greater negotiating power! 🏡

As housing affordability improves slightly, many are wondering: will this trend continue? Share your thoughts below and explore the market dynamics!

Is Poilievre’s Capital Gains Tax Break a blessing or a curse for young Canadians? 🤔 With his recent proposal to defer ca...
04/03/2025

Is Poilievre’s Capital Gains Tax Break a blessing or a curse for young Canadians? 🤔

With his recent proposal to defer capital gains taxes, Pierre Poilievre aims to unlock billions for Canadian investments and potentially boost housing construction. Supporters argue that this move could free up development land, making room for new homes.

Yet, critics fear it might supercharge speculative investments and further shut young Canadians out of homeownership as Boomers reinvest profits into single-family rental properties.

As the debate heats up, what are your thoughts? Is this policy the reinvestment we need or a misstep in housing affordability? Share your insights below! 💬

Are you navigating the uncertain waters of Canada’s real estate market? 🌊 With economic anxiety and tariff conflicts, ho...
04/02/2025

Are you navigating the uncertain waters of Canada’s real estate market? 🌊

With economic anxiety and tariff conflicts, home buyers and sellers are second-guessing their decisions. Forecasts predict a national price dip of 3.2% this year, with Ontario hit the hardest at 7.6%. Many buyers are waiting to see if prices will drop further.

In this state of flux, sellers are also adjusting their strategies—some are even choosing to rent instead of sell, recognizing that holding on may be wiser in these unpredictable times.

Adaptability is key in this market! What strategies are you considering in your buying or selling journey?

🚗 Can Canada’s auto industry survive without the U.S.? With Trump’s new tariffs threatening to shake up our automotive ...
04/01/2025

🚗 Can Canada’s auto industry survive without the U.S.?

With Trump’s new tariffs threatening to shake up our automotive landscape, experts are reevaluating if our sector can stand alone. 🚨

Historically integrated with the U.S. market, Canada's auto sector exports vehicles valued at $51 billion. The potential 25% tariffs could lead to staggering weekly losses of $330 million. This situation has revived discussions about reimagining our automotive future away from U.S. dependency.

Many believe we can leverage domestic production and create jobs, but radical changes are needed to birth a robust auto industry. Let’s support local innovation! What do you think will be the impact of these tariffs? 💬

Have you ever wondered how tariffs impact our daily lives? 🤔A recent survey reveals that **75% of Canadians** support us...
04/01/2025

Have you ever wondered how tariffs impact our daily lives? 🤔

A recent survey reveals that **75% of Canadians** support using tariffs on energy and critical minerals as a response to the trade war with the U.S. This overwhelming backing signifies a strong stance on protecting our economic interests.

With Canada implementing retaliatory tariffs on U.S. goods, particularly in the energy sector, the implications for industries, especially automotive and manufacturing, are profound. As we navigate these trade tensions, discussions regarding the future of the Canada-U.S.-Mexico Agreement (CUSMA) loom large. Experts are even calling for potential renegotiations.

Stay informed and engaged as diplomatic efforts continue to unfold! What do you think about Canada’s approach to trade disputes? 💬

🏠 Who is Canada’s middle class and why do they matter so much in our elections? 🤔With rising living costs, the definitio...
03/31/2025

🏠 Who is Canada’s middle class and why do they matter so much in our elections? 🤔

With rising living costs, the definition of "middle class" is becoming more complex, yet it's a critical voter base that shapes electoral promises. Politicians are focusing on this group now more than ever as they propose tax cuts and policies aimed at easing financial pressures.

The median after-tax income for Canadians sat at $70,500 in 2022. Many families are feeling squeezed, and disposable incomes have not kept pace with rising prices. The result? A significant portion of the electorate is seeking change to improve their quality of life.

Why do you think political parties target the middle class so aggressively? Share your thoughts and join the discussion! 💬

🚨 Big shifts are on the horizon for the Canadian business landscape! 🚨 This week, keep your eyes peeled for **five cruci...
03/31/2025

🚨 Big shifts are on the horizon for the Canadian business landscape! 🚨

This week, keep your eyes peeled for **five crucial developments** that could impact our economy significantly.

1️⃣ **U.S. Auto Tariffs:** On April 1, new tariffs on Canadian auto imports could hit hard, potentially threatening **160,000 jobs**!

2️⃣ **Dollarama's Earnings Report:** Dollarama Inc. is set to reveal its financial performance and recent acquisition of an Australian discount retailer. 📊

3️⃣ **Trade Data Release:** Statistics Canada will provide valuable trade figures from February, offering insights into our economic ties with the U.S.

4️⃣ **Calgary Chamber Panel Discussion:** Key leaders, including Alberta's Premier, will discuss the state of Canada-U.S. relations and its implications for trade.

5️⃣ **Jobs Snapshot:** The May labor force survey will give us a closer look at employment trends, following a steady unemployment rate.

Stay informed and ready to adapt! 🌍 What are you most concerned about in this evolving business climate?

🚨 Are you ready for the upcoming 2025 federal election? 🗳️ With Canadians heading to the polls on April 28, the current ...
03/31/2025

🚨 Are you ready for the upcoming 2025 federal election? 🗳️ With Canadians heading to the polls on April 28, the current political atmosphere is charged, especially regarding economic issues and the uncertainties brought by U.S. tariffs.

As we weigh our options, it's crucial to understand how these factors can affect our daily lives. The conversations around the economy and trade relationships are not just political; they're personal. Many Canadians are grappling with the impact on housing, jobs, and prices.

Your voice matters! As we prepare to vote, consider how the candidates' policies will shape our future. Are you feeling prepared to make an informed choice, or are you still looking for clarity? Let's keep the conversation going in the comments!

Trump's tariffs have pushed Canadian fixed mortgage rates down, but the victory feels hollow 📉. While lower rates may ea...
03/07/2025

Trump's tariffs have pushed Canadian fixed mortgage rates down, but the victory feels hollow 📉. While lower rates may ease payment shocks during renewals, the broader economic implications of ongoing trade tensions loom large. In an uncertain trade environment, even the lowest rates can't offset job insecurity.

Recently, CIBC dropped advertised rates under 4% for the first time since 2022, setting a new benchmark. CIBC’s bold rate reduction of up to 50 basis points marks a shift in competitive tactics. However, savvy homeowners know smaller lenders like Butler Mortgage offer even better deals.

The big question: How will these trade tensions shape Canada's economic future? Let's discuss strategies to navigate this changing financial landscape.

Address

1701 Avenue Road
Toronto, ON
M5M3Y3

Telephone

+16472007901

Website

Alerts

Be the first to know and let us send you an email when Miki Furman Realtor at RARE Real Estate posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category