Wishing everyone celebrating a very Happy and Blessed Eid!
Nilufer Mama's blog
09 Jul 2022
01 Jul 2022
20 Jun 2022
Sellers should list soon before foreign buyer ban and higher rates - [Video]
Though demand is still high, it's cooling in major markets like Toronto and Vancouver. Potential sellers, especially those with high-end properties that appeal to international investors, should list their homes soon.
16 Jun 2022
Canadian home sales slow again in May
Statistics released by the Canadian Real Estate Association (CREA) show national home sales were down in May 2022.
HIGHLIGHTS
-
National home sales fell by 8.6% on a month-over-month basis in May.
-
Actual (not seasonally adjusted) monthly activity came in 21.7% below the May record set in 2021.
07 Jun 2022
Greater Toronto Area Real Estate Monthly Market Update May 2022 - [Video]
Greater Toronto Area housing market conditions continued to evolve in response to higher borrowing costs. Similar to April results, May 2022 sales were down on a monthly and annual basis. More balanced market conditions have provided buyers with more negotiating power.
31 May 2022
Home sales drop in April as mortgage rates shoot higher - CREA Market Stats
Statistics released by the Canadian Real Estate Association (CREA) show national home sales were down in April 2022.
HIGHLIGHTS
-
National home sales dropped by 12.6% on a month-over-month basis in April.
-
Actual (not seasonally adjusted) monthly activity came in 25.7% below the monthly record set in 2021.
24 May 2022
Canada plans to double homebuilding in a decade
Canada has a plan to double the pace of homebuilding within a decade, but the first big challenge is finding enough skilled workers. Building more homes is a key peg of the $9.5B in housing spending outlined in the government's recent budget for April 2022.
23 May 2022
Happy Victoria Day
Wishing everyone a very Happy and safe Victoria Day
10 May 2022
Here's What Toronto Homebuyers Could Expect In The Next 5 Years With The Housing Market - [Video]
Here's what Toronto Homebuyer's could expect in the next 5 years with the Housing Market
According to an analysis from local housing professionals, one of the biggest factors in property prices seeing an increase is more people moving to Toronto. It's suspected that the recent partnership between the Liberal Party and the NDP will have some positive effects on the market in the next five years.
Those effects are said to come from the new policies introduced by this partnership that would prioritize the following motions:
03 May 2022
