Meet Mike, the smart home buyer Mike knew the key to finding his dream home was to plan ahead. He used the Mortgage Calculator on The Canadian Home App to calculate his affordability before even looking at properties with his agent. Be like Mike and plan ahead for your dream home. Download the app now and take the first step towards homeownership. ln.thecanadianhome.com/FutureOfRealEstate #MortgageCalculator #Affordability #RealEstate #HomeBuying #Mortgage #HousingMarket #PropertySearch #HomeOwnership #Realtor #FirstTimeHomebuyer #MortgageRates #CanadianHomes #CanadianRealEstate #TheCanadianHome

👉Ontario Premier Doug Ford aims to build 1.5 million new homes by 2031, but a planned ban on Notices of Security Interest (NOSIs) may inadvertently drive up new home prices. NOSIs, a financing tool used in one in 14 households, allow builders to lease equipment like furnaces or solar panels. The ban could increase home prices and negatively impact homeowners' finances, as well as their credit scores. While the government seeks to address misuse of NOSIs, an outright ban might be counterproductive. Industry players propose alternatives such as better enforcement, fair buyout rates, and improved industry standards.✅ . 𝐔𝐧𝐥𝐨𝐜𝐤 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐌𝐚𝐧𝐨𝐣 𝐊𝐚𝐫𝐚𝐭𝐡𝐚, 𝐚𝐧 𝐚𝐰𝐚𝐫𝐝-𝐰𝐢𝐧𝐧𝐢𝐧𝐠 𝐑𝐞𝐚𝐥𝐭𝐨𝐫 𝐢𝐧 𝐎𝐧𝐭𝐚𝐫𝐢𝐨. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟐𝟐𝟔-𝟐𝟔𝟔𝟓 𝐄𝐦𝐚𝐢𝐥: 𝐦𝐚𝐧𝐨𝐣@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @manojkaratha_realtor . . #Ontario #HomeFinancing #NewHomes #Affordability #NOSI #HousingCrisis #DougFord #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Canada unveils a multi-billion-dollar housing stimulus plan in its latest budget, aiming to address housing issues. However, analysts, including BMO, suggest limited impact due to the focus on demand-side measures. Affordability may improve with immigration restrictions expected to lower population growth to 1% or less. Chief Economist Douglas Porter highlights the housing market's struggle with demand shocks rather than building deficiencies. The budget also surprises with a capital gains inclusion rate hike, impacting investors and recreational users.✅ . 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐞 𝐲𝐨𝐮𝐫 𝐡𝐨𝐦𝐞 𝐣𝐨𝐮𝐫𝐧𝐞𝐲 𝐞𝐟𝐟𝐨𝐫𝐭𝐥𝐞𝐬𝐬𝐥𝐲 𝐰𝐢𝐭𝐡 𝐊𝐚𝐦𝐚𝐥, 𝐲𝐨𝐮𝐫 𝐝𝐞𝐝𝐢𝐜𝐚𝐭𝐞𝐝 𝐆𝐓𝐀 𝐑𝐞𝐚𝐥𝐭𝐨𝐫. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟔𝟕𝟑-𝟑𝟓𝟏𝟔 𝐄𝐦𝐚𝐢𝐥: 𝐤𝐚𝐦𝐚𝐥@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @kamalpillai_realtor . . #CanadaHousing #HousingStimulus #ImmigrationPolicy #Affordability #DemandVsSupply #CapitalGains #Budget2024 #mnm #malayalisnearmeapp #canadaupdate #canadanews