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

Curious about Canadian real estate?🏡 Learn all about the Mortgage Stress Test and its impact on you! 📈💼 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

Happy Mother's Day to all the amazing moms out there! 🌟 Today, we celebrate the women who make our houses into homes. 🏠 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! ❤️ . . . . #MothersDay #MomLove #MomsAreTheBest #MomLife #MomAndDaughter #MomAndSon #FamilyFirst #HomeSweetHome #RealEstate #HousingMarket #Homeowners #PropertyOwners #HouseHunting #HouseGoals #CanadianRealEstate

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

January Update | Ontario Real Estate 🏡 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. 📈 Exciting times ahead! Follow me for more updates! Kingsly Stanly Sales Representative 📞 +1 (647) 761 9471 📧 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

The policy rate has been reduced by 50 basis points to 3.75%, the lowest in two years.📉🏡 If you're an aspiring homebuyer, this means increased borrowing power, lower monthly mortgage payments 💸, and potentially higher home prices as demand rises 📈. Act now to avoid getting priced out! 🚀 #HomebuyerTips #MortgageRates #RealEstateMarket #FirstTimeHomebuyer #LowerRates #Homeownership #MortgageSavings #HousingMarket #InvestmentOppo

Big News for Homebuyers! 🏡📢 The Bank of Canada just cut its policy rate to 3.75%, the lowest in two years! 📉 This means lower monthly mortgage payments and increased borrowing power. 💸 But home prices are rising fast—Toronto has seen a 22% jump since the last rate cut. 📈 Don’t wait—act now. 🔑⏳ Follow me for more updates! #HomeBuyingTips #InterestRates #MortgageRates #TorontoRealEstate #BuyNow #HousingMarket #RealEstateCanada #FirstTimeHomeBuyer #TheCanadianHome

📉 July Market Update 📉 Home sales dropped by 8.4% and prices fell by 4%. Rate cuts haven’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 🏡📞 Manoj Karatha Broker of Record 📞 +1 (647) 226 2665 📧 manoj@thecanadianhome.com Also, Download The Canadian Home App now for home listings!📱 Check the link in bio✅↗ #RealEstate #HousingMarket #MarketUpdate #HomeSales #RealEstateTrends #MortgageRates #HomeBuyers #HomeSellers #RealEstateNews #PropertyMarket #TheCanadianHome

👉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.✅ . 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐞 𝐲𝐨𝐮𝐫 𝐡𝐨𝐦𝐞 𝐣𝐨𝐮𝐫𝐧𝐞𝐲 𝐞𝐟𝐟𝐨𝐫𝐭𝐥𝐞𝐬𝐬𝐥𝐲 𝐰𝐢𝐭𝐡 𝐊𝐚𝐦𝐚𝐥, 𝐲𝐨𝐮𝐫 𝐝𝐞𝐝𝐢𝐜𝐚𝐭𝐞𝐝 𝐆𝐓𝐀 𝐑𝐞𝐚𝐥𝐭𝐨𝐫. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟔𝟕𝟑-𝟑𝟓𝟏𝟔 𝐄𝐦𝐚𝐢𝐥: 𝐤𝐚𝐦𝐚𝐥@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @kamalpillai_realtor . . #VancouverRealEstate #HomeSales #HousingMarket #RealEstateTrends #VancouverHomes #PropertyMarket #HousingInventory #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉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.✅ . 𝐀𝐮𝐠𝐮𝐬𝐭𝐢𝐧𝐞 𝐉𝐨𝐲 𝐓𝐚𝐱 𝐏𝐫𝐨𝐟𝐞𝐬𝐬𝐢𝐨𝐧𝐚𝐥 @taxesatjoy @augustine.joy_ 𝙎𝙩𝙪𝙙𝙚𝙣𝙩 𝙎𝙪𝙥𝙥𝙤𝙧𝙩 𝙉𝙚𝙬𝙘𝙤𝙢𝙚𝙧𝙨 𝘼𝙨𝙨𝙞𝙨𝙩𝙖𝙣𝙘𝙚 𝘽𝙪𝙨𝙞𝙣𝙚𝙨𝙨 𝙏𝙖𝙭 𝙨𝙤𝙡𝙪𝙩𝙞𝙤𝙣𝙨 𝙎𝙢𝙖𝙡𝙡 𝘽𝙪𝙨𝙞𝙣𝙚𝙨𝙨 𝘾𝙤𝙧𝙥𝙤𝙧𝙖𝙩𝙞𝙤𝙣𝙨 𝘼𝙪𝙙𝙞𝙩𝙞𝙣𝙜 𝙍𝙚𝙥𝙧𝙚𝙨𝙚𝙣𝙩𝙖𝙩𝙞𝙤𝙣 +𝟏 𝟑𝟎𝟔 𝟑𝟏𝟑 𝟔𝟗𝟖𝟗 𝐭𝐚𝐱𝐞𝐬𝐚𝐭𝐣𝐨𝐲@𝐠𝐦𝐚𝐢𝐥.𝐜𝐨𝐦 𝐰𝐰𝐰.𝐭𝐚𝐱𝐞𝐬𝐚𝐭𝐣𝐨𝐲.𝐜𝐚 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧: 𝐀𝐥𝐥 𝐨𝐯𝐞𝐫 𝐂𝐚𝐧𝐚𝐝𝐚 𝐞𝐱𝐜𝐞𝐩𝐭 𝐐𝐮𝐞𝐛𝐞𝐜 . . #GreaterVancouver #RealEstate #HomeSales #Inventory #MetroVancouver #HousingMarket #Demand #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉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.✅ . 𝐀𝐮𝐠𝐮𝐬𝐭𝐢𝐧𝐞 𝐉𝐨𝐲 𝐓𝐚𝐱 𝐏𝐫𝐨𝐟𝐞𝐬𝐬𝐢𝐨𝐧𝐚𝐥 @taxesatjoy @augustine.joy_ 𝙎𝙩𝙪𝙙𝙚𝙣𝙩 𝙎𝙪𝙥𝙥𝙤𝙧𝙩 𝙉𝙚𝙬𝙘𝙤𝙢𝙚𝙧𝙨 𝘼𝙨𝙨𝙞𝙨𝙩𝙖𝙣𝙘𝙚 𝘽𝙪𝙨𝙞𝙣𝙚𝙨𝙨 𝙏𝙖𝙭 𝙨𝙤𝙡𝙪𝙩𝙞𝙤𝙣𝙨 𝙎𝙢𝙖𝙡𝙡 𝘽𝙪𝙨𝙞𝙣𝙚𝙨𝙨 𝘾𝙤𝙧𝙥𝙤𝙧𝙖𝙩𝙞𝙤𝙣𝙨 𝘼𝙪𝙙𝙞𝙩𝙞𝙣𝙜 𝙍𝙚𝙥𝙧𝙚𝙨𝙚𝙣𝙩𝙖𝙩𝙞𝙤𝙣 +𝟏 𝟑𝟎𝟔 𝟑𝟏𝟑 𝟔𝟗𝟖𝟗 𝐭𝐚𝐱𝐞𝐬𝐚𝐭𝐣𝐨𝐲@𝐠𝐦𝐚𝐢𝐥.𝐜𝐨𝐦 𝐰𝐰𝐰.𝐭𝐚𝐱𝐞𝐬𝐚𝐭𝐣𝐨𝐲.𝐜𝐚 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧: 𝐀𝐥𝐥 𝐨𝐯𝐞𝐫 𝐂𝐚𝐧𝐚𝐝𝐚 𝐞𝐱𝐜𝐞𝐩𝐭 𝐐𝐮𝐞𝐛𝐞𝐜 . . #BCExodus #AlbertaMigration #CostOfLiving #InterprovincialMigration #StatisticsCanada #AffordabilityIssues #HousingMarket #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉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.✅ . 𝐒𝐞𝐜𝐮𝐫𝐞 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐍𝐞𝐞𝐧𝐚 𝐕𝐚𝐫𝐠𝐡𝐞𝐬𝐞, 𝐎𝐧𝐭𝐚𝐫𝐢𝐨'𝐬 𝐦𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐞𝐱𝐩𝐞𝐫𝐭. 𝐂𝐚𝐥𝐥: +𝟏 (𝟒𝟑𝟕) 𝟗𝟖𝟐-𝟎𝟖𝟎𝟒 @neena.robin . . #BankofCanada #InterestRates #HousingMarket #EconomicCaution #InflationControl #MonetaryPolicy #RealEstateTrends #mnm #malayalisnearmeapp #canadaupdate #canadanews