Market Watch Infographic for June 2024
Home sales decreased by 16.4% across Toronto, with 6,213 units sold in June 2024, compared to 7,429 in June 2023.
New listings increased by 12.3% across Toronto, with 17,964 new listings added in June 2024, compared to 15,995 in June 2023.
The average price of homes sold across Toronto in June 2024 was $1,162,167, a decrease of 1.6% from $1,181,002 in June 2023.
Real Estate Buyers and Sellers:
We are with you from the beginning to the end with a professional team in selling and buying your dream home.
Services rendered:
— Providing loans with the lowest interest rates available in the market (First, Second, Third Mortgages)
— Free evaluation of your home
— Finding your dream home according to location and budget
— Obtaining complete market information in order to make the right decision when buying or selling a house/condo
☎️ Ways to contact us via Phone, and Email:
+1 (647) 772-9502
hoizady@yahoo.com
.
Home sales decreased by 16.4% across Toronto, with 6,213 units sold in June 2024, compared to 7,429 in June 2023.
New listings increased by 12.3% across Toronto, with 17,964 new listings added in June 2024, compared to 15,995 in June 2023.
The average price of homes sold across Toronto in June 2024 was $1,162,167, a decrease of 1.6% from $1,181,002 in June 2023.
Real Estate Buyers and Sellers:
We are with you from the beginning to the end with a professional team in selling and buying your dream home.
Services rendered:
— Providing loans with the lowest interest rates available in the market (First, Second, Third Mortgages)
— Free evaluation of your home
— Finding your dream home according to location and budget
— Obtaining complete market information in order to make the right decision when buying or selling a house/condo
☎️ Ways to contact us via Phone, and Email:
+1 (647) 772-9502
hoizady@yahoo.com
.
بانک مرکزی کانادا نرخ بهره را ۲۵ واحد پایه کاهش داد و به ۴ و نیم درصد رساند.
بانک مرکزی کانادا امروز هدف خود را برای نرخ یک شبه به 4/5 درصد کاهش داد و نرخ بانکی را 4¾ درصد و نرخ سپرده را 4½ درصد کاهش داد. بانک به سیاست عادی سازی ترازنامه ادامه می دهد.
انتظار می رود اقتصاد جهانی تا سال 2026 با نرخ سالانه حدود 3 درصد به رشد خود ادامه دهد. در حالی که تورم در اکثر اقتصادهای پیشرفته هنوز بالاتر از اهداف بانک مرکزی است، پیش بینی می شود که به تدریج کاهش یابد. در ایالات متحده، کاهش رشد اقتصادی پیش بینی شده با تعدیل شدن رشد مصرف در حال تحقق است. به نظر می رسد تورم آمریکا مسیر نزولی خود را از سر گرفته است. در منطقه یورو، رشد پس از سال 2023 ضعیف در حال افزایش است. اقتصاد چین رشد متوسطی دارد و تقاضای داخلی ضعیف تا حدی با صادرات قوی جبران می شود. شرایط مالی جهانی با کاهش بازده اوراق قرضه، افزایش قیمت سهام و انتشار قوی بدهی شرکت ها کاهش یافته است. دلار کانادا نسبتاً ثابت بوده و قیمت نفت در حدود سطوحی است که در گزارش سیاست پولی آوریل (MPR) در نظر گرفته شده است.
در کانادا، رشد اقتصادی احتمالاً در نیمه اول سال جاری به حدود 1/5 درصد افزایش یافته است. با این حال، با رشد قوی جمعیت در حدود 3٪، تولید بالقوه اقتصاد همچنان سریعتر از تولید ناخالص داخلی رشد می کند، که به معنای افزایش عرضه مازاد است. مخارج خانوارها، از جمله خرید مصرف کننده و مسکن، ضعیف بوده است. نشانه هایی از کسادی در بازار کار دیده می شود. نرخ بیکاری به 6.4 درصد افزایش یافته است، در حالی که اشتغال همچنان کندتر از نیروی کار رشد می کند و جویندگان کار برای یافتن کار بیشتر طول می کشند. رشد دستمزدها نشانه هایی از تعدیل را نشان می دهد، اما همچنان بالاست.
بانک مرکزی کانادا امروز هدف خود را برای نرخ یک شبه به 4/5 درصد کاهش داد و نرخ بانکی را 4¾ درصد و نرخ سپرده را 4½ درصد کاهش داد. بانک به سیاست عادی سازی ترازنامه ادامه می دهد.
انتظار می رود اقتصاد جهانی تا سال 2026 با نرخ سالانه حدود 3 درصد به رشد خود ادامه دهد. در حالی که تورم در اکثر اقتصادهای پیشرفته هنوز بالاتر از اهداف بانک مرکزی است، پیش بینی می شود که به تدریج کاهش یابد. در ایالات متحده، کاهش رشد اقتصادی پیش بینی شده با تعدیل شدن رشد مصرف در حال تحقق است. به نظر می رسد تورم آمریکا مسیر نزولی خود را از سر گرفته است. در منطقه یورو، رشد پس از سال 2023 ضعیف در حال افزایش است. اقتصاد چین رشد متوسطی دارد و تقاضای داخلی ضعیف تا حدی با صادرات قوی جبران می شود. شرایط مالی جهانی با کاهش بازده اوراق قرضه، افزایش قیمت سهام و انتشار قوی بدهی شرکت ها کاهش یافته است. دلار کانادا نسبتاً ثابت بوده و قیمت نفت در حدود سطوحی است که در گزارش سیاست پولی آوریل (MPR) در نظر گرفته شده است.
در کانادا، رشد اقتصادی احتمالاً در نیمه اول سال جاری به حدود 1/5 درصد افزایش یافته است. با این حال، با رشد قوی جمعیت در حدود 3٪، تولید بالقوه اقتصاد همچنان سریعتر از تولید ناخالص داخلی رشد می کند، که به معنای افزایش عرضه مازاد است. مخارج خانوارها، از جمله خرید مصرف کننده و مسکن، ضعیف بوده است. نشانه هایی از کسادی در بازار کار دیده می شود. نرخ بیکاری به 6.4 درصد افزایش یافته است، در حالی که اشتغال همچنان کندتر از نیروی کار رشد می کند و جویندگان کار برای یافتن کار بیشتر طول می کشند. رشد دستمزدها نشانه هایی از تعدیل را نشان می دهد، اما همچنان بالاست.
Hidden Gems: Benefits of Buying in a Less Popular Location
We all know that in real estate, nothing is supposed to be more important than location. But as our June Madness home buyers’ survey revealed, some Canadians are starting to put other priorities ahead of location when it comes to buying a home. This includes everything from the purchase price to the condition of the property and even who the neighbours are.
Given the price of housing in Canada today, it’s not surprising people are willing to consider less sought-after locations in search of affordability. But in addition to saving money, many buyers are finding these “hidden gems” are great places to call home, as they typically have benefits they hadn’t even thought of before they made an offer.
We all know that in real estate, nothing is supposed to be more important than location. But as our June Madness home buyers’ survey revealed, some Canadians are starting to put other priorities ahead of location when it comes to buying a home. This includes everything from the purchase price to the condition of the property and even who the neighbours are.
Given the price of housing in Canada today, it’s not surprising people are willing to consider less sought-after locations in search of affordability. But in addition to saving money, many buyers are finding these “hidden gems” are great places to call home, as they typically have benefits they hadn’t even thought of before they made an offer.
Buying on a bus route or busy road
“Buyers are definitely expanding their search to areas they wouldn’t have considered pre-COVID,” says Rod Martens, New Brunswick.
In the past, buyers tended to avoid busy roads or transit routes, citing concerns over noise and traffic. But being near a transit hub or thoroughfare can offer several unexpected advantages, including:
a shorter commute to work, grocery stores, restaurants, and other services;
a guarantee that your road will be plowed first after every snowfall; and
a chance to reduce your environmental footprint by leaving the car at home more often.
According to Nicole Hacault, buying on a main road also often means getting a better deal.
“Being willing to compromise on location can absolutely save on price,” she notes. “But it also increases the condition and quality of the home while staying within your budget.”
“Buyers are definitely expanding their search to areas they wouldn’t have considered pre-COVID,” says Rod Martens, New Brunswick.
In the past, buyers tended to avoid busy roads or transit routes, citing concerns over noise and traffic. But being near a transit hub or thoroughfare can offer several unexpected advantages, including:
a shorter commute to work, grocery stores, restaurants, and other services;
a guarantee that your road will be plowed first after every snowfall; and
a chance to reduce your environmental footprint by leaving the car at home more often.
According to Nicole Hacault, buying on a main road also often means getting a better deal.
“Being willing to compromise on location can absolutely save on price,” she notes. “But it also increases the condition and quality of the home while staying within your budget.”
Up-and-coming neighbourhoods
Up-and-coming neighbourhoods usually give buyers more home at a lower price. But these often-overlooked areas also offer other advantages, like:
pride of ownership with neighbours that take care of one another;
opportunity to invest in renovations that add real value to your home; and
above-average increases in property values if the neighbourhood becomes more popular.
“Up-and-coming neighbourhoods are often the best investments,” Hacault says. “Those who can see the vision of where a neighbourhood is headed and have the ability to jump in now can ride those home values up over the years.”
Up-and-coming neighbourhoods usually give buyers more home at a lower price. But these often-overlooked areas also offer other advantages, like:
pride of ownership with neighbours that take care of one another;
opportunity to invest in renovations that add real value to your home; and
above-average increases in property values if the neighbourhood becomes more popular.
“Up-and-coming neighbourhoods are often the best investments,” Hacault says. “Those who can see the vision of where a neighbourhood is headed and have the ability to jump in now can ride those home values up over the years.”
Remote or suburban areas
Finally, many buyers used to avoid remote and suburban neighbourhoods in favour of more central areas. But as Hacault explains, some buyers are now actively choosing those same neighbourhoods in search of a slower, more tranquil pace of life.
“In a world of overstimulation, many buyers are opting for rural living for more peace and quiet,” she says. “Bedroom communities also give you more yard, more house and more affordability.”
In addition to tranquillity, rural living can also offer advantages such as:
lower purchase prices compared to urban areas;
a strong sense of community; and
larger lot sizes and living spaces for growing families.
Finally, many buyers used to avoid remote and suburban neighbourhoods in favour of more central areas. But as Hacault explains, some buyers are now actively choosing those same neighbourhoods in search of a slower, more tranquil pace of life.
“In a world of overstimulation, many buyers are opting for rural living for more peace and quiet,” she says. “Bedroom communities also give you more yard, more house and more affordability.”
In addition to tranquillity, rural living can also offer advantages such as:
lower purchase prices compared to urban areas;
a strong sense of community; and
larger lot sizes and living spaces for growing families.
سلام بر همراهان گرامی
به نظر میرسه که سرعت کاهش نرخ بهره پایه توسط بانک مرکزی کانادا با سرعت بیشتری از انتظارات قبلی رخ دهد.
بعضی از اقتصاددانان فکر میکنندکه درسپتامبر واکتبر هم نرخ بهره پایه کاهش میابد.
.
به نظر میرسه که سرعت کاهش نرخ بهره پایه توسط بانک مرکزی کانادا با سرعت بیشتری از انتظارات قبلی رخ دهد.
بعضی از اقتصاددانان فکر میکنندکه درسپتامبر واکتبر هم نرخ بهره پایه کاهش میابد.
.
National Housing Snapshot for June 2024
Home sales decreased by 10.4% across Canada, with 45,654 units sold in June 2024, compared to 50,402 in June 2023.
New listings increased by 2.8% across Canada, with 87,736 new listings added in June 2024, compared to 85,252 in 2023.
The average price of homes sold across Canada in June 2024 was $696,179, down 1.6% from $707,572 in June 2023.
Real Estate Buyers and Sellers:
We are with you from the beginning to the end with a professional team in selling and buying your dream home.
Services rendered:
— Providing loans with the lowest interest rates available in the market (First, Second, Third Mortgages)
— Free evaluation of your home
— Finding your dream home according to location and budget
— Obtaining complete market information in order to make the right decision when buying or selling a house/condo
☎️ Ways to contact us via Phone, and Email:
+1 (647) 772-9502
hoizady@yahoo.com
.
Home sales decreased by 10.4% across Canada, with 45,654 units sold in June 2024, compared to 50,402 in June 2023.
New listings increased by 2.8% across Canada, with 87,736 new listings added in June 2024, compared to 85,252 in 2023.
The average price of homes sold across Canada in June 2024 was $696,179, down 1.6% from $707,572 in June 2023.
Real Estate Buyers and Sellers:
We are with you from the beginning to the end with a professional team in selling and buying your dream home.
Services rendered:
— Providing loans with the lowest interest rates available in the market (First, Second, Third Mortgages)
— Free evaluation of your home
— Finding your dream home according to location and budget
— Obtaining complete market information in order to make the right decision when buying or selling a house/condo
☎️ Ways to contact us via Phone, and Email:
+1 (647) 772-9502
hoizady@yahoo.com
.