The average sale prices of single family homes have remained relatively stable over the last few months, average sale price being $352,689.  The mortgage rates have hit an all time low!  Prime is at 3%!!!   Did you know the government has increased the dollar amount you can use from your RRSP's from $20,000 to $25,000 towards the purchase of your home? There is also a new tax rebate for home renovation expenses!!  All of these sound like really great reasons to get into the market now!  Why wait for the market to shift?  Take advantage now!