Although we are already into February, I would still like to wish you a Happy New Year.
We certainly can't promise a booming residential property market for 2020, but we nevertheless remain positive. We demonstrated our ability to deliver positive results for our buyers and sellers in a difficult market last year and believe that we can continue to do so.
Across all provinces, Tyson Properties had a very positive 2019 and we are looking forward to continuing on this positive path during 2020. There are no new emerging trends - it will remain a buyers' market with homes that are priced right and well marketed the most likely to sell.
For us, we celebrate the 15th anniversary of Tyson Properties and its successful journey to becoming a meaningful player nationally.
As we look forward to a new year and a new decade, I feel that it is not so much about new year's resolutions, but about continuing to deliver the professionalism and good service for which we've become known for since inception. For those who are in the property market, I would still like to reiterate the fact that property remains a sound investment.
This is underscored by a somewhat unexpected bonus for the beginning of the year - the recent 0.25 cut in the repo rate to 6.25 percent that could provide some relief when it comes to disposable incomes which remain under ever increasing pressure. This will perhaps free up a little cash to take care of all those inevitable increases that come with the beginning of a new year.
At the same time, we encourage you to start off the year by budgeting to ensure that your money goes a long way. That's because constant maintenance and investment in necessary improvements such as good security systems and solar system all add to the value of your home and make sure that a property is not only a growing asset but that much easier to sell should you choose to go that route this year.
regards Chris