List of Townhouses and Houses in Richmond Hill - Westbrook

For more information and to receive rental houses photos, please call:
☎️ 647-772-9502
Hojjatollah Izady, Realtor
hoizady@yahoo.com

ليست تاون هاوس ها و خانه های فروشی در شهر ريچموندهيل - وست بروک
جهت كسب اطلاعات بیشتر و دريافت تصاوير خانه ها با شماره تلفن زير تماس بگيريد :
☎️ 647-772-9502
حجت اله ایزدی، کارشناس املاک
hoizady@yahoo.com
.

Market Watch Infographic for July 2022

قابل توجه خريداران و فروشندگان محترم خانه:

با يك تيم حرفه ای در زمينه فروش و خريد منزل رویایی شما از ابتدا تا انتها همراه شما هستيم.
خدمات ارائه شده:
- ارائه وام با کمترین نرخ بهره موجود در بازار
First, Second, Third Mortgages
- ارزیابی رایگان منزل شما Home Evaluation
- یافتن منزل رویایی شما با توجه به محل و بودجه
- دستیابی به اطلاعات کامل بازار جهت تصمیم گیری صحیح در هنگام خرید و یا فروش خانه
- خدمات ویژه برای خریداران بار اولی First Time Home Buyer
- خرید خانه برای سرمایه گذاری Investment Property
- تازه واردین به کانادا Newcomers
- غیر ساکنین کانادا Non-Resident
- خدمات بازسازی Renovation
☎️راههای ارتباطی با ما از طریق تلفن، ایمیل، واتس اپ، فیس بوک، اینستاگرام و تلگرام:
+1 (647) 772-9502
hoizady@yahoo.com
وب سایت:
https://www.homelifecimerman.com/Hojjatollah-Izady
فیسبوک:
https://www.facebook.com/Hojjatollah.Izady
اینستاگرام:
https://www.instagram.com/ihoizady/
واتس آپ:
https://wa.me/message/72TR24AJCPDPJ1
لینک تلگرام:
https://t.me/Buy_and_Sell_Property_in_Toronto

New Condo development by Block Developments located at Dufferin St & Queen St W, Toronto.

Est. Occupancy: December 2022

Minutes to walk to the 301 & 501 Streetcar for travelling to work, play, entertainment or simply exploring all the city has to offer. Steps to Liberty Village, King West. Close to BMO Field, Exhibition Place, Lake Ontario, Forty York, the CNE and so much more! Close proximity to Gardiner Expressway. Minutes away to Trinity Bellwoods Park.

Amenities:
Barbeques, Catering Kitchen, Executive Concierge in Lobby, Fitness Center with Cardio & Weight Equipment, Lounge Areas with Fire pit, Dining & Meeting Room, Eco Friendly Green Roofs, Sunbathing, Designer Decorated Party Room with Full Kitchen, Pet Spa, Security Cameras, Rooftop Terrace Lounge

Prices Start from $1,334,900 - $1,745,900
957 sq ft to 1444 sq ft

Ceiling Height: 9" - 10"

For Booking please call:
Hojjatollah Izady
Realtor
HomeLife/Cimerman Real Estate Ltd., Brokerage
647-772-9502
hoizady@yahoo.com
.

بهترین موقعیت مکانی برای خرید ملک در GTA:

دو نکته بسیار تاثیرگذار در بازار فعلی مسکن:

وارد شدن به فاز جدید در بازار املاک مطابق با گفته بانک RBC
تعداد بالای کنسلی‌ها در مارکت امروز (حدود 643%)

در بازار کنونی، فروشندگان بیشتر املاک خود را از مارکت خارج کرده و استراتژی جدیدی در پیش گرفته‌اند. این موضوع می‌تواند برای سرمایه‌گذاران یک فرصتی طلایی باشد، به گونه‌ای که در زمان، مکان و موقعیت مناسب، خرید عالی و پرسودی تجربه کنند.

با توجه به شواهد و آمارهای موجود، در حال حاضر، بهترین زمان برای خرید ملک است.

--------------------
Have an unanswered question regarding real estate?
Contact me:
📞 647-772-9502
📧 hoizady@yahoo.com
.

With a professional team in the field of buying and selling your dream home, we are with you from beginning to end.

Services offered:
- Offering loans with the lowest interest rate available in the market
First, Second, Third Mortgages
- Free Home Evaluation of your home
- Finding your dream home according to location and budget
- Accessing complete market information to make the right decisions when buying or selling a home
- Special services for First Time Home Buyer
- Buying a house for investment property
- Newcomers to Canada
Non-Resident Canada Non-Resident
- Renovation services
Ways to contact us via phone, email, WhatsApp, Facebook, Instagram and Telegram ☎️
+1 (647) 772-9502
hoizady@yahoo.com
Website:
https://www.homelifecimerman.com/Hojjatollah-Izady
Facebook:
https://www.facebook.com/Hojjatollah.Izady
Instagram:
https://www.instagram.com/ihoizady/
WhatsApp:
https://wa.me/message/72TR24AJCPDPJ1
Telegram link:
https://t.me/Buy_and_Sell_Property_in_Toronto
.

Rising costs threaten small business recovery, CFIB says

Bankruptcy data doesn't tell whole story of threat facing businesses, group says

Canadian small businesses are at greater risk of going under than federal bankruptcy data suggests, as rising operates costs complicate their efforts to recoup losses from the pandemic, a business lobby group said Thursday.

Inflation and labour shortages are just some of the factors sapping businesses’ ability to get back to normal, according to the Canadian Federation of Independent Business, which release a report on the recovery. In an interview, CFIB president Dan Kelly said the burden will grow further by the end of the year, as business owners will see another increase in Canada Pension Plan and employment insurance payments
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“Many business owners are saying they just can’t hang on anymore,” Kelly said, noting that even businesses that have gone back to normal levels of sales may still be unprofitable because costs are so much higher than what they were in the past.

In its report Thursday, CFIB said more than half of business owners they surveyed are yet to return to “normal” pre-pandemic revenue levels, while nearly two out of three are still carrying pandemic debt. It said only 10 per cent have been able to pay debt back in full.

He said a number of businesses stayed around during the pandemic thinking they would be able to live and fight another day but they’re quickly realizing that may not be possible.

“We’ve seen increases on almost every line of a business’s budget and that’s really taking their ability to earn a profit,” he said.

The group noted a lot of businesses are now running out of money they borrowed during the pandemic, including Canada Emergency Business Account (CEBA) loans. It also said more than one in six Canadian small business owners say they are considering going out of business.

The main focus of the study though, is how unreliable official bankruptcy data can be when looking at the state of Canadian small businesses.
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CFIB می‌گوید افزایش هزینه‌ها بهبود کسب‌ وکارهای کوچک را تهدید می‌کند

گروه می‌گوید داده‌های ورشکستگی کل داستان تهدیدی که کسب‌وکارها با آن روبرو هستند را بیان نمی‌کند.

یک گروه لابی تجاری روز پنجشنبه گفت، مشاغل کوچک کانادایی بیشتر از آنچه که داده های ورشکستگی فدرال نشان می دهد در معرض خطر سقوط قرار دارند، زیرا افزایش هزینه های عملیاتی تلاش های آنها برای جبران زیان های ناشی از همه گیری، موضوع را پیچیده می کند.

به گفته فدراسیون تجارت مستقل کانادا که گزارشی در مورد بهبودی منتشر می کند، تورم و کمبود نیروی کار تنها برخی از عواملی است که توانایی کسب و کارها را برای بازگشت به حالت عادی کاهش می دهد. در مصاحبه ای، دن کلی، رئیس CFIB گفت که این فشار تا پایان سال بیشتر خواهد شد، زیرا صاحبان مشاغل شاهد افزایش دیگری در طرح بازنشستگی کانادا و پرداخت های بیمه اشتغال خواهند بود.
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کلی گفت: «بسیاری از صاحبان مشاغل می‌گویند که دیگر نمی‌توانند ادامه دهند.

CFIB در گزارش روز پنجشنبه خود گفت که بیش از نیمی از صاحبان مشاغل مورد بررسی هنوز به سطح درآمد "عادی" قبل از همه گیری بازنگشته اند، در حالی که تقریباً از هر سه نفر، دو نفر هنوز بدهی های همه گیر دارند. گفته می شود که تنها 10 درصد توانسته اند بدهی خود را به طور کامل بازپرداخت کنند.

او گفت تعدادی از کسب و کارها در طول همه گیری ماندند و فکر می کردند که می توانند یک روز دیگر زندگی کنند و بجنگند، اما آنها به سرعت متوجه می شوند که ممکن است امکان پذیر نباشد.

او گفت: «تقریباً در هر ردیف از بودجه یک کسب‌وکار شاهد افزایش بوده‌ایم و این واقعاً توانایی آن‌ها برای کسب سود را از بین می‌برد.»

این گروه خاطرنشان کرد که بسیاری از کسب و کارها اکنون با کمبود پولی که در طول همه گیری وام گرفته اند، از جمله وام های حساب تجاری اضطراری کانادا (CEBA) روبرو هستند. همچنین گفته شده است که بیش از یک نفر از هر شش صاحب کسب و کار کوچک کانادایی می گوید که در حال بررسی خروج از تجارت هستند.

با این حال، تمرکز اصلی این مطالعه این است که وقتی به وضعیت مشاغل کوچک کانادایی نگاه می‌کنیم، داده‌های رسمی ورشکستگی چقدر غیرقابل اعتماد هستند.
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Buyers Refusing to Close May Not Be as Common as Some Think

As interest rates rise and home values continue to decline, worries about buyers refusing to close on deals have become increasingly common. But John Lusink, President of Right at Home Realty, says it may not be as prevalent of a problem as some may think.

Those in the industry, from real estate lawyers to mortgage brokers, have reported seeing an increasing number of buyers backing out of deals months after having their offers accepted and deposits submitted. In these instances, buyers typically back out for one of two reasons: either the declining value of the house no longer matches the amount the buyer offered months ago, meaning they can’t secure financing for the full price, or they would rather walk away and lose their deposit than go through with the purchase of a depreciating asset.
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But in an analysis of Right at Home Realty’s transactions year to date, Lusink found that less than 1% of deals involved a buyer who refused to close.

A Canada-wide analysis of this behaviour has not yet been carried out, but a recent report from Redfin that looked as US home sales, the real estate brokerage found that home buyers had backed out of 16.1% of pending home sales, the highest share since March or April 2020, when 17.5% and 16.3% of deals fell through, respectively.

The most recent sales data from the Canadian Real Estate Association revealed a 22.8% decline in home prices from the February peak to July, with pricey Ontario markets being hit the hardest. When buyers do back out, it’s often because the amount they offered months ago is higher than the current valuation, and with banks only lending on the lower of the two numbers, buyers are stuck having to pay the difference up front.

This, combined with rising interest rates that have bumped up the stress test needed to qualify for a mortgage, have left some buyers unable to secure all of the financing needed to go through with the purchase of a home.

“If people have gone past their guaranteed timeframe that they were able to lock in a rate, suddenly buyers are struggling to qualify,” Lusink said. “So really, a lot of this is to do with the market conditions suddenly having changed.”

Another issue Lusink has observed is that buyers who are considering backing out often aren’t fully aware of the consequences they could face. Not only will they almost certainly lose their deposit — typically 5% of the purchase price — but they could be taken to court by the sellers who have now been left trying to sell their home in a cooler market, inevitably for a lower price, and they can be on the hook for the difference.

“You are entering into a significant legal contract that has repercussions if you change your mind,” Lusink said. “There are cases highlighting some of the costs involved and they’re significant. It can be quite shocking. But I put the onus on us as realtors, we need to do a much better job of informing customers of how this all works.”

In fact, Lusink’s top tips for buyers to avoid a situation like this is to make sure you get approved for a mortgage in advance, and choose a realtor who is well-informed, will ask the right questions, and can guide you through the process.

“Treat it like a job interview, get their CV, find out what kinds of transactions they’ve done, and what kind of markets they worked in, because there’s a whole slew of realtors who got into this business in the last 10 years who have never known a down market,” Lusink said.

On the seller’s side, Lusink says a good realtor who will ask the right questions about the buyer is key.

“Make sure that the buyer has sufficient funds, is putting down sufficient funds as a down payment, and find out a bit about them,” Lusink said. “Are they employed? How long have they been employed? Are they approved? And, you know, pre-approval is nothing more than simply [the lender saying] ‘Yeah, we think we could approve you for a $500,000 mortgage,’ so that’s not the same as getting an actual approval.”

Looking forward, Lusink says there are still likely going to be buyers backing out of deals, but definitely not en masse.

“I think through the summer, which is typically our our busy closing time, we’ll continue to see some of this, but again, I’m cautious of calling it a significant issue,” Lusink said. “In terms of numbers, at this stage, I haven’t seen enough yet to be able to say ‘Oh, boy, this is a real big issue.’ I haven’t seen the data to support that.”
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Immigration Will Prevent Full-Blown Housing Crash: RBC

While the Canadian housing market is indisputably undergoing a significant correction, it will be spared an outright crash due to steady demand from immigration, say prominent economists in a new analysis.

In a report titled “Proof Point: Demographics a powerful counterforce in Canada’s housing market correction,” RBC economists Robert Hogue and Carrie Freestone write that newcomers to Canada will help support the property market through its current downturn. They point out that the flow of new permanent residents is already on the rebound from their pandemic-era lows and are in fact set to hit record numbers, given Canada’s updated immigration targets.
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“Canada is in the midst of a steep housing correction. And though this cycle has yet to fully play out, it’s unlikely to morph into the type of prolonged spiral observed in the US during the 2008 financial crisis. One of the main reasons: demographic demand for housing in Canada is strong — and it’s getting even stronger,” Freestone and Hogue write.

“We expect the number of Canadian households to rise by 730,000 by 2024 compared to 2021, adding 240,000 new households annually. Immigration is key to this surge: Ottawa’s targets are set to bring in a record 1.3M new permanent residents, adding 555,000 new households by 2024.”

Canada’s population is growing at a pace double that of the OECD average over the last decade.

“This surge, combined with shrinking household sizes, will strengthen demand for housing (whether owned or rented) and act as a powerful counter to sliding sales and prices — eventually putting a floor under the correction,” states the report.

As well, Hogue and Freestone point out, as Canadians are increasingly living in smaller groups, the overall number of households is on the rise; over 700,000 households will be formed by 2024. In fact, they say, this is an oft-overlooked “critical factor” on household demand; in the five years leading up to 2021, the average household size declined by 0.02 people, which spurred an increase in total household numbers by 140,000 (or 30,000 per year).

“This trend will be responsible for just under 90,000 of the 730,000 new households created by 2024 — and will provide a significant boost in housing demand,” states the report. Shrinking household size can be generally attributed to parents having fewer children, as well as the prevalence of one-person households — the most common type as of 2016, with 30% of Canadians living alone.
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قابل توجه خريداران و فروشندگان محترم خانه:
با يك تيم حرفه ای در زمينه فروش و خريد منزل رویایی شما از ابتدا تا انتها همراه شما هستيم.
خدمات ارائه شده:
- ارائه وام با کمترین نرخ بهره موجود در بازار
First, Second, Third Mortgages
- ارزیابی رایگان منزل شما Home Evaluation
- یافتن منزل رویایی شما با توجه به محل و بودجه
- دستیابی به اطلاعات کامل بازار جهت تصمیم گیری صحیح شما در هنگام خرید و یا فروش خانه
- خدمات ویژه برای خریداران بار اولی First Time Home Buyer
- خرید خانه برای سرمایه گذاری Investment Property
- تازه واردین به کانادا Newcomers
- غیر ساکنین کانادا Non-Resident
- خدمات بازسازی Renovation
☎️راههای ارتباطی با ما از طریق تلفن، ایمیل، واتس اپ، فیس بوک، اینستاگرام و تلگرام:
+1 (647) 772-9502
hoizady@yahoo.com
وب سایت ما:
www.homelife.ca/Hojjatollah-Izady
فیسبوک ما:
https://www.facebook.com/Hojjatollah.Izady
اینستاگرام ما:
https://www.instagram.com/ihoizady/
واتس آپ ما:
https://wa.me/message/72TR24AJCPDPJ1
گروه تلگرام ما:
https://t.me/Buy_and_Sell_Property_in_Toronto
.

Housing Market Snapshot for July 2022

Real Estate Buyers and Sellers:

We are with you from the beginning to the end with a professional team in the field of 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 Home Evaluation
- 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
- Special services for:
- First Time Home Buyers
- Newcomers to Canada
- Non-residents of Canada Non-Resident
- Buying a house/condo for Investment Property investment
- Renovation services

☎️ Ways to contact us via Phone, Email:

+1 (647) 772-9502
hoizady@yahoo.com
.

Ontario Housing Market Snapshot for July 2022

The Average Price of Homes in Ontario is Down 0.5%

In July 2022, the average price of homes sold across Ontario was $831,473, down 0.5% in comparison to June 2021.

Real Estate Buyers and Sellers:

We are with you from the beginning to the end with a professional team in the field of 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 Home Evaluation
- 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
- Special services for:
- First Time Home Buyers
- Newcomers to Canada
- Non-residents of Canada Non-Resident
- Buying a house/condo for Investment Property investment
- Renovation services

☎️ Ways to contact us via Phone, Email:
+1 (647) 772-9502
hoizady@yahoo.com
.