#housingmarket

The Canadian Home

Post

The Bank of Canada has again turned up the heat on interest rates with a 25 basis point hike. This marks the eighth consecutive climb since the bank began its policy-tightening journey in March 2022. The interest rate now stands at 4.5%. Follow us for more updates on the Canadian Real Estate Market . . . . #interestrate #interestratehike #canada #canadianmarket #housingmarket #TheCanadianHomeApp #LiveWithOutBoundaries #canadarealestateadvice #canadarealestateinvesting #canadarealestatemarket

Liked by MalayalisNearMe Official and 1 others

308 Views

1 year ago

The Canadian Home

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Curious about Canadian real estate?๐Ÿก Learn all about the Mortgage Stress Test and its impact on you! ๐Ÿ“ˆ๐Ÿ’ผ Our latest blog dives into this crucial topic. Check it out and stay informed! https://thecanadianhome.com/blog/what-is-a-mortgage-stress-test-and-how-does-it-affect-you #CanadianRealEstate #RealEstateCanada #MortgageStressTest #Homeownership #HomeBuyers #MortgageRates #HousingMarket #FinancialWellness #HomeownershipTips #PropertyMarket #RealEstateBlog #CanadianHousing #TheCanadianHome

Liked by Mathews Rony

591 Views

1 year ago

The Canadian Home

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Happy Mother's Day to all the amazing moms out there! ๐ŸŒŸ Today, we celebrate the women who make our houses into homes. ๐Ÿ  Whether you're a mom yourself or have a special mother figure in your life, we hope you're surrounded by love and appreciation on this special day. we wish you a happy and joyful Mother's Day! โค๏ธ . . . . #MothersDay #MomLove #MomsAreTheBest #MomLife #MomAndDaughter #MomAndSon #FamilyFirst #HomeSweetHome #RealEstate #HousingMarket #Homeowners #PropertyOwners #HouseHunting #HouseGoals #CanadianRealEstate

Liked by Mathews Rony

699 Views

1 year ago

The Canadian Home

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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

Liked by Kamal Pillai

311 Views

1 year ago

Kingsly Real Estate

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January Update | Ontario Real Estate ๐Ÿก After a quiet December, the real estate scene is perking up! Prices dipped slightly, excluding semis. January brought a surge in listings, creating a supply surplus. ๐Ÿ“ˆ Exciting times ahead! Follow me for more updates! Kingsly Stanly Sales Representative ๐Ÿ“ž +1 (647) 761 9471 ๐Ÿ“ง kingsly@thecanadianhome.com Download The Canadian Home App to see the property! https://ln.thecanadianhome.com/kingslystanly #OntarioRealEstate #MarketUpdate #HomeSales #HousingMarket #RealEstateTrends #PropertyNews #HouseHunting #OntarioHomes #InvestmentOpportunity #NewListings #MarketShift #TheCanadianHome #HousePrices

325 Views

9 months ago

DDA CANADA
With
Manoj Karatha

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The policy rate has been reduced by 50 basis points to 3.75%, the lowest in two years.๐Ÿ“‰๐Ÿก If you're an aspiring homebuyer, this means increased borrowing power, lower monthly mortgage payments ๐Ÿ’ธ, and potentially higher home prices as demand rises ๐Ÿ“ˆ. Act now to avoid getting priced out! ๐Ÿš€ #HomebuyerTips #MortgageRates #RealEstateMarket #FirstTimeHomebuyer #LowerRates #Homeownership #MortgageSavings #HousingMarket #InvestmentOppo

509 Views

1 month ago

Kingsly Stanly

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Big News for Homebuyers! ๐Ÿก๐Ÿ“ข The Bank of Canada just cut its policy rate to 3.75%, the lowest in two years! ๐Ÿ“‰ This means lower monthly mortgage payments and increased borrowing power. ๐Ÿ’ธ But home prices are rising fastโ€”Toronto has seen a 22% jump since the last rate cut. ๐Ÿ“ˆ Donโ€™t waitโ€”act now. ๐Ÿ”‘โณ Follow me for more updates! #HomeBuyingTips #InterestRates #MortgageRates #TorontoRealEstate #BuyNow #HousingMarket #RealEstateCanada #FirstTimeHomeBuyer #TheCanadianHome

195 Views

1 month ago

DDA CANADA
With
Manoj Karatha

Post

๐Ÿ“‰ July Market Update ๐Ÿ“‰ Home sales dropped by 8.4% and prices fell by 4%. Rate cuts havenโ€™t lowered mortgage rates yet, impacting buyers. Sellers are holding out, leading to more listings. More rate cuts expected soon. Ready to buy? Call me now ๐Ÿก๐Ÿ“ž Manoj Karatha Broker of Record ๐Ÿ“ž +1 (647) 226 2665 ๐Ÿ“ง manoj@thecanadianhome.com Also, Download The Canadian Home App now for home listings!๐Ÿ“ฑ Check the link in bioโœ…โ†— #RealEstate #HousingMarket #MarketUpdate #HomeSales #RealEstateTrends #MortgageRates #HomeBuyers #HomeSellers #RealEstateNews #PropertyMarket #TheCanadianHome

441 Views

3 months ago

MalayalisNearMe Official

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๐Ÿ‘‰Home sales in Greater Vancouver dropped by 19.9% in May compared to last year, with 2,733 homes sold, well below the 10-year seasonal average. The number of homes listed for sale surged by 46.3% year-over-year to 13,600, significantly above the seasonal average. Andrew Lis, the board's economics director, attributes this to multiple factors, including higher borrowing costs, economic concerns, and government policies. Despite the composite benchmark home price rising 2.3% from last year to $1,212,000, increasing inventory and softening demand may lead to slower price growth in the coming months.โœ… . ๐๐š๐ฏ๐ข๐ ๐š๐ญ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐ก๐จ๐ฆ๐ž ๐ฃ๐จ๐ฎ๐ซ๐ง๐ž๐ฒ ๐ž๐Ÿ๐Ÿ๐จ๐ซ๐ญ๐ฅ๐ž๐ฌ๐ฌ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก ๐Š๐š๐ฆ๐š๐ฅ, ๐ฒ๐จ๐ฎ๐ซ ๐๐ž๐๐ข๐œ๐š๐ญ๐ž๐ ๐†๐“๐€ ๐‘๐ž๐š๐ฅ๐ญ๐จ๐ซ. ๐‚๐š๐ฅ๐ฅ: +๐Ÿ (๐Ÿ”๐Ÿ’๐Ÿ•) ๐Ÿ”๐Ÿ•๐Ÿ‘-๐Ÿ‘๐Ÿ“๐Ÿ๐Ÿ” ๐„๐ฆ๐š๐ข๐ฅ: ๐ค๐š๐ฆ๐š๐ฅ@๐ญ๐ก๐ž๐œ๐š๐ง๐š๐๐ข๐š๐ง๐ก๐จ๐ฆ๐ž.๐œ๐จ๐ฆ @kamalpillai_realtor . . #VancouverRealEstate #HomeSales #HousingMarket #RealEstateTrends #VancouverHomes #PropertyMarket #HousingInventory #mnm #malayalisnearmeapp #canadaupdate #canadanews

178 Views

5 months ago

MalayalisNearMe Official

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๐Ÿ‘‰In April, Greater Vancouver witnessed a 3.3% rise in home sales compared to the previous year, with 2,831 homes changing hands, according to Greater Vancouver Realtors. Despite this increase, total sales remained below the 10-year average for the month. The number of homes listed for sale in Metro Vancouver rose by 42.1% year-over-year to 12,491, marking the first time it exceeded 12,000 since summer 2020. The composite benchmark home price reached $1,205,800, up 2.8% from last year. Andrew Lis, the board's director of economics and data analytics, noted the surprising resilience of demand despite high borrowing costs.โœ… . ๐€๐ฎ๐ ๐ฎ๐ฌ๐ญ๐ข๐ง๐ž ๐‰๐จ๐ฒ ๐“๐š๐ฑ ๐๐ซ๐จ๐Ÿ๐ž๐ฌ๐ฌ๐ข๐จ๐ง๐š๐ฅ @taxesatjoy @augustine.joy_ ๐™Ž๐™ฉ๐™ช๐™™๐™š๐™ฃ๐™ฉ ๐™Ž๐™ช๐™ฅ๐™ฅ๐™ค๐™ง๐™ฉ ๐™‰๐™š๐™ฌ๐™˜๐™ค๐™ข๐™š๐™ง๐™จ ๐˜ผ๐™จ๐™จ๐™ž๐™จ๐™ฉ๐™–๐™ฃ๐™˜๐™š ๐˜ฝ๐™ช๐™จ๐™ž๐™ฃ๐™š๐™จ๐™จ ๐™๐™–๐™ญ ๐™จ๐™ค๐™ก๐™ช๐™ฉ๐™ž๐™ค๐™ฃ๐™จ ๐™Ž๐™ข๐™–๐™ก๐™ก ๐˜ฝ๐™ช๐™จ๐™ž๐™ฃ๐™š๐™จ๐™จ ๐˜พ๐™ค๐™ง๐™ฅ๐™ค๐™ง๐™–๐™ฉ๐™ž๐™ค๐™ฃ๐™จ ๐˜ผ๐™ช๐™™๐™ž๐™ฉ๐™ž๐™ฃ๐™œ ๐™๐™š๐™ฅ๐™ง๐™š๐™จ๐™š๐™ฃ๐™ฉ๐™–๐™ฉ๐™ž๐™ค๐™ฃ +๐Ÿ ๐Ÿ‘๐ŸŽ๐Ÿ” ๐Ÿ‘๐Ÿ๐Ÿ‘ ๐Ÿ”๐Ÿ—๐Ÿ–๐Ÿ— ๐ญ๐š๐ฑ๐ž๐ฌ๐š๐ญ๐ฃ๐จ๐ฒ@๐ ๐ฆ๐š๐ข๐ฅ.๐œ๐จ๐ฆ ๐ฐ๐ฐ๐ฐ.๐ญ๐š๐ฑ๐ž๐ฌ๐š๐ญ๐ฃ๐จ๐ฒ.๐œ๐š ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž ๐ฅ๐จ๐œ๐š๐ญ๐ข๐จ๐ง: ๐€๐ฅ๐ฅ ๐จ๐ฏ๐ž๐ซ ๐‚๐š๐ง๐š๐๐š ๐ž๐ฑ๐œ๐ž๐ฉ๐ญ ๐๐ฎ๐ž๐›๐ž๐œ . . #GreaterVancouver #RealEstate #HomeSales #Inventory #MetroVancouver #HousingMarket #Demand #mnm #malayalisnearmeapp #canadaupdate #canadanews

98 Views

6 months ago

MalayalisNearMe Official

Post

๐Ÿ‘‰In 2023, nearly 70,000 people departed British Columbia, with the majority relocating to Alberta, as per Statistics Canada. This marks the first time in over a decade that more individuals left B.C. than arrived. The net interprovincial migration was negative, totaling -8,624 people. Many cited the high cost of living as a primary reason for leaving, including Kolten Willick, a fourth-generation British Columbian who moved from Kelowna to Edmonton for affordability reasons. Despite emotional ties to B.C., Willick found better housing and financial prospects in Alberta, a decision he stands by.โœ… . ๐€๐ฎ๐ ๐ฎ๐ฌ๐ญ๐ข๐ง๐ž ๐‰๐จ๐ฒ ๐“๐š๐ฑ ๐๐ซ๐จ๐Ÿ๐ž๐ฌ๐ฌ๐ข๐จ๐ง๐š๐ฅ @taxesatjoy @augustine.joy_ ๐™Ž๐™ฉ๐™ช๐™™๐™š๐™ฃ๐™ฉ ๐™Ž๐™ช๐™ฅ๐™ฅ๐™ค๐™ง๐™ฉ ๐™‰๐™š๐™ฌ๐™˜๐™ค๐™ข๐™š๐™ง๐™จ ๐˜ผ๐™จ๐™จ๐™ž๐™จ๐™ฉ๐™–๐™ฃ๐™˜๐™š ๐˜ฝ๐™ช๐™จ๐™ž๐™ฃ๐™š๐™จ๐™จ ๐™๐™–๐™ญ ๐™จ๐™ค๐™ก๐™ช๐™ฉ๐™ž๐™ค๐™ฃ๐™จ ๐™Ž๐™ข๐™–๐™ก๐™ก ๐˜ฝ๐™ช๐™จ๐™ž๐™ฃ๐™š๐™จ๐™จ ๐˜พ๐™ค๐™ง๐™ฅ๐™ค๐™ง๐™–๐™ฉ๐™ž๐™ค๐™ฃ๐™จ ๐˜ผ๐™ช๐™™๐™ž๐™ฉ๐™ž๐™ฃ๐™œ ๐™๐™š๐™ฅ๐™ง๐™š๐™จ๐™š๐™ฃ๐™ฉ๐™–๐™ฉ๐™ž๐™ค๐™ฃ +๐Ÿ ๐Ÿ‘๐ŸŽ๐Ÿ” ๐Ÿ‘๐Ÿ๐Ÿ‘ ๐Ÿ”๐Ÿ—๐Ÿ–๐Ÿ— ๐ญ๐š๐ฑ๐ž๐ฌ๐š๐ญ๐ฃ๐จ๐ฒ@๐ ๐ฆ๐š๐ข๐ฅ.๐œ๐จ๐ฆ ๐ฐ๐ฐ๐ฐ.๐ญ๐š๐ฑ๐ž๐ฌ๐š๐ญ๐ฃ๐จ๐ฒ.๐œ๐š ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž ๐ฅ๐จ๐œ๐š๐ญ๐ข๐จ๐ง: ๐€๐ฅ๐ฅ ๐จ๐ฏ๐ž๐ซ ๐‚๐š๐ง๐š๐๐š ๐ž๐ฑ๐œ๐ž๐ฉ๐ญ ๐๐ฎ๐ž๐›๐ž๐œ . . #BCExodus #AlbertaMigration #CostOfLiving #InterprovincialMigration #StatisticsCanada #AffordabilityIssues #HousingMarket #mnm #malayalisnearmeapp #canadaupdate #canadanews

85 Views

7 months ago

MalayalisNearMe Official

Post

๐Ÿ‘‰The Bank of Canada is maintaining its key interest rate at five percent, expressing concern that a rate cut now could risk undermining progress made in controlling inflation. Governor Tiff Macklem emphasized the balance between avoiding prolonged restrictive monetary policy and preventing potential harm to the economy. The central bank is particularly vigilant about the housing market, which has shown signs of heating up. Despite a more than 17 percent decrease in the benchmark average home price from its 2022 peak, recent data indicates a possible rebound, prompting the Bank of Canada to monitor the situation closely.โœ… . ๐’๐ž๐œ๐ฎ๐ซ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐ž๐š๐ฆ ๐ก๐จ๐ฆ๐ž ๐ฐ๐ข๐ญ๐ก ๐๐ž๐ž๐ง๐š ๐•๐š๐ซ๐ ๐ก๐ž๐ฌ๐ž, ๐Ž๐ง๐ญ๐š๐ซ๐ข๐จ'๐ฌ ๐ฆ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐ž๐ฑ๐ฉ๐ž๐ซ๐ญ. ๐‚๐š๐ฅ๐ฅ: +๐Ÿ (๐Ÿ’๐Ÿ‘๐Ÿ•) ๐Ÿ—๐Ÿ–๐Ÿ-๐ŸŽ๐Ÿ–๐ŸŽ๐Ÿ’ @neena.robin . . #BankofCanada #InterestRates #HousingMarket #EconomicCaution #InflationControl #MonetaryPolicy #RealEstateTrends #mnm #malayalisnearmeapp #canadaupdate #canadanews

100 Views

8 months ago

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