👉For the first time since 2021, Toronto condo rents have declined, dropping by 1.2% in the second quarter compared to the previous year. This decrease is attributed to a surge in rental listings, which rose by 47% due to an increase in condo completions. The influx of listings has provided some relief to renters, though condo investors face significant losses, with average monthly shortfalls nearing C$600. Despite the Bank of Canada’s interest rate cuts, high boring costs continue to challenge the market. The dip in condo rents contrasts with the still-high rents for purpose-built rental apartments.✅ . 𝐔𝐧𝐥𝐨𝐜𝐤 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐌𝐚𝐧𝐨𝐣 𝐊𝐚𝐫𝐚𝐭𝐡𝐚, 𝐚𝐧 𝐚𝐰𝐚𝐫𝐝-𝐰𝐢𝐧𝐧𝐢𝐧𝐠 𝐑𝐞𝐚𝐥𝐭𝐨𝐫 𝐢𝐧 𝐎𝐧𝐭𝐚𝐫𝐢𝐨. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟐𝟐𝟔-𝟐𝟔𝟔𝟓 𝐄𝐦𝐚𝐢𝐥: 𝐦𝐚𝐧𝐨𝐣@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @manojkaratha_realtor . . #TorontoRentals #CondoMarket #RentalRelief #RealEstateTrends #TorontoHousing #CondoRents #RentalMarket #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉🏠 Real Estate can seem intimidating to someone who’s entering the market for the first time. Along with having done your own research, you also need an excellent Realtor who will be by your side every step of the way. ✅✨ Let me guide you home. ✨✅ . . . For all your real estate needs contact: 𝐌𝐚𝐧𝐨𝐣 𝐊𝐚𝐫𝐚𝐭𝐡𝐚 (Broker) 📞 647-226-2665 MANOJ 🌐 www.manojkaratha.com 𝗠𝗮𝗻𝗼𝗷 𝗞𝗮𝗿𝗮𝘁𝗵𝗮 Your Trusted Family Realtor – 𝘎𝘶𝘪𝘥𝘪𝘯𝘨 𝘠𝘰𝘶 Home. . . . #canadarealestate #torontorealestate #torontorealtor #buyahome #realtors #canadarealtor #realtorsofinstagram #homesforsale #newlisting #justlisted #homeforsale #firsttimebuyers #ontariorealestate #realestate #realtorlife #realtor #manojkaratha #canada #realestateadvice #realestateagency #realestateteam #canadarealestate #realestatecanada #realestatetrends #realestateservices

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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

📉 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

May 2024 Ontario Real Estate Update! 🏡📈 Hello, Ontario! Exciting market shifts this month: 🔹 Sales Up: Home sales are rising. 🔹 More Listings: Increased options for buyers. 🔹 Price Adjustments: Slight dip in prices—great for buyers, strategic for sellers. ✨ Check out the detailed report! Follow for more Canadian Housing Market 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 #MarketTrends #RealEstate #HomeSales #NewListings #PriceAdjustment #RealtorLife #CanadianHousingMarket #HousingMarketUpdate #RealEstateTrends #RealEstateNews #TheCanadianHome

May 2024 Ontario Real Estate Update! 🏡📈 Hello, Ontario! Exciting market shifts this month: 🔹 Sales Up: Home sales are rising. 🔹 More Listings: Increased options for buyers. 🔹 Price Adjustments: Slight dip in prices—great for buyers, strategic for sellers. ✨ Check out the detailed report! Follow for more Canadian Housing Market 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 #MarketTrends #RealEstate #HomeSales #NewListings #PriceAdjustment #RealtorLife #CanadianHousingMarket #HousingMarketUpdate #RealEstateTrends #RealEstateNews #TheCanadianHome

👉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

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

👉Montreal has experienced a substantial 5.3% population surge in the past year, attributing the growth to the post-pandemic resumption of immigration, as estimated by the Institut de la statistique du Quebec (ISQ). With a remarkable 100,000 population increase, Montreal outpaced other major cities and provinces, including suburbs. The Quebec government's 2024 population decree sets Montreal's population at 1,895,211. The data encompasses all residents, excluding tourists. Beyond Montreal, Quebec municipalities with over 100,000 people witnessed an average 3.5% population rise, while those with populations between 10,000 and 100,000 saw a 0.7% boost between 2022 and 2023.✅ . 𝐄𝐱𝐩𝐞𝐫𝐭 𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐀𝐝𝐯𝐢𝐬𝐞- 𝐀𝐭 𝐚 𝐭𝐢𝐦𝐞 𝐚𝐧𝐝 𝐩𝐥𝐚𝐜𝐞 𝐜𝐨𝐧𝐯𝐞𝐧𝐢𝐞𝐧𝐭 𝐟𝐨𝐫 𝐲𝐨𝐮! 𝐉𝐨𝐦 𝐌𝐚𝐭𝐭𝐚𝐦 𝐌𝐨𝐛𝐢𝐥𝐞 𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐀𝐝𝐯𝐢𝐬𝐨𝐫 +𝟏 𝟔𝟒𝟕 𝟗𝟐𝟎 𝟔𝟓𝟑𝟎 𝐣𝐨𝐦.𝐦𝐚𝐭𝐭𝐚𝐦@𝐜𝐢𝐛𝐜.𝐜𝐨𝐦 @jom_mattam . . #VancouverRentalMarket #CMHCReport #MetroVancouverHousing #RentalAffordability #RealEstateTrends #HousingChallenges #CanadaRentals #mnm #malayalisnearmeapp #canadaupdate #canadanews

The numbers are dead give away that the Winter season has left it's mark on the Ontario housing market.📉🏡 Even though the number of available homes is at its lowest, the demand is still higher, leading to a slight decrease in home prices considering the situation.💼 But with BoC expected to lower the policy rates sometime in 2024 it is safe to say that plenty of opportunities are on the horizon.🔥 Follow me for more updates on The Canadian Real Estate! 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 #HousingMarket #HomeBuyers #RealEstateTrends #SupplyAndDemand #MarketUpdate #2024Opportunities #CanadianHomes #NewYearNewHome #PropertyInvestment #OntarioLiving #TheCanadianHome