Harman Mankoo

Harman Mankoo Don’t wait to buy real estate, buy real estate and wait.

For more information, call any time.Harman Mankoo437 995 0825Save Max Rise Reality
09/22/2024

For more information, call any time.

Harman Mankoo
437 995 0825
Save Max Rise Reality

07/01/2024

*O Canada, Eh!* 🍁

Happy Canada Day! Let’s celebrate with maple syrup, hockey, and the friendliest folks around. Raise a toast to the Great White North! 🇨🇦🎉

🍁

Bank of Canada Lowers Key Interest Rate to 4.75%, First Cut Since Pandemic Start:The Bank of Canada has just cut its key...
06/05/2024

Bank of Canada Lowers Key Interest Rate to 4.75%, First Cut Since Pandemic Start:

The Bank of Canada has just cut its key interest rate by 25 basis points, bringing it down to 4.75% for the first time since the pandemic began. This marks a significant shift from the steady 5% rate maintained since last July.

Lower interest rates can help boost the real estate market by making mortgages more affordable, potentially increasing home sales and prices.

How do you think this will impact your home-buying plans or the housing market in your area?



Harman Mankoo
Savemax Rise Reality
437 995 0825

🇨🇦Happy canada day everyone🇨🇦
07/01/2023

🇨🇦Happy canada day everyone🇨🇦

JUST LISTEDBrand New Double Car Garage DetachedProperty in Malton-6 Bed4.5 Bath6 Parkings on Driveway/ 2 in Garage100 2 ...
06/06/2023

JUST LISTED
Brand New Double Car Garage Detached
Property in Malton
-6 Bed
4.5 Bath
6 Parkings on Driveway/ 2 in Garage
100 2 Separate Entrance to Basement
This Chance is not to be Missed, Hurry up and
Secure this house as it's your dream home
Call me to book your showing.

Harman Mankoo
437 995 0825
[email protected]
Save Max Rise Inc.

Read Below for What's Happening in the Real Estate Market, and How it affects You as a Buyer and a Seller? (GTA) housing...
05/09/2023

Read Below for What's Happening in the Real Estate Market, and How it affects You as a Buyer and a Seller?

(GTA) housing market continued to tighten in April 2023. On a year-over-year basis, sales edged lower compared to April 2022, but new listings were down by
more than one-third.

Fewer listings relative to sales meant there was more competition between buyers, supporting an improvement in selling prices since the beginning of this year.

“As demand for ownership housing has picked up relative to supply, we are seeing renewed upward pressure on home prices. For a short period of time, higher borrowing costs trumped the impact of the constrained housing supply in the GTA.

Renewed competition between buyers is once again shining the spotlight on the persistent lack of listings and resulting impact on affordability,” said TRREB Chief Market Analyst Jason Mercer.

Harman Mankoo
437 995 0825
[email protected]
Save Max Rise Realty Inc.

✅️Coming Soon✅️Semi-Detached, Fully Renovated Corner Lot at aPrime Location!Stay Tuned for the property to soon hit MLS....
04/08/2023

✅️Coming Soon✅️

Semi-Detached, Fully Renovated Corner Lot at a
Prime Location!
Stay Tuned for the property to soon hit MLS.

Harman mankoo
437 995 0825
[email protected]
Save Max Rise Realty Inc.

Let's see how the real estate market is going?GTA housing market conditions tightened inMarch 2023. An increased share o...
04/08/2023

Let's see how the real estate market is going?
GTA housing market conditions tightened in
March 2023. An increased share of listings as
compared to March 2022, a competition between
buyers are on the rise.
The average sale price was above the average
list price for the first time since May 2022. "As we
moved through the first quarter, TRREB Members
reported competition between buyers
was heating up in many GTA neighborhoods, said
TRREB President Paul Baron. IXAs per recent
consumer polling, the demand for ownership
housing will continue to recover this year. Average
rents are closing in line with cost home
ownership, therefore, first-time buyers are looking
to step in
"As population growth continues at a record pace
on the back of immigration, first-time buying
intentions will remain strong. Because the number
of homes for sale is expected to remain low, it
will also be important to have substantial rental
supply available. Unfortunately,
this is not something we have at the present time.
We need to see a policy focus on bringing more
purpose-built rental units online over the next
number of years," said TRREB CEO John
DiMichele.
Contact me for more information.
Harman Mankoo
4379950825
[email protected]
Save Max Rise Realty Inc

JUST SECUREDA great deal for our Investor Clients for aSemi-Detached in a great location in BramptonCan't wait to see wh...
03/06/2023

JUST SECURED

A great deal for our Investor Clients for a
Semi-Detached in a great location in Brampton
Can't wait to see what this place is turned into after the renovations!
Call me if you are looking for an investment property for yourself.

Harman Mankoo
437 995 0825
[email protected]
Save Max Rise Realty Inc

🔥 COMING SOON 🔥Welcome to this Beautiful Detached Property. This soon to be listed property offers a perfect blend of co...
02/19/2023

🔥 COMING SOON 🔥

Welcome to this Beautiful Detached Property.

This soon to be listed property offers a perfect blend of contemporary elegance and functional design, with a spacious floor plan and top of the line features in a prime location in Northwest Brampton 📍

Stay Tuned for this Property to be available on TRREB's MLS System for your Impatient Buyers

Harman Mankoo
437 995 0825
[email protected]
Save Max Rise Realty

TORONTO, ONTARIO, February 3, 2023 – As we moved from 2022 into 2023, the Greater Toronto Area (GTA) housing market unfo...
02/06/2023

TORONTO, ONTARIO, February 3, 2023 – As we moved from 2022 into 2023, the Greater Toronto Area (GTA) housing market unfolded as expected. The number of January sales and the overall average selling price were similar to December 2022. On a year-over-year basis, both sales and prices were down markedly, continuing to highlight the impact of higher borrowing costs on affordability over the last year.

“Home sales and selling prices appear to have found some support in recent months. This coupled with the Bank of Canada announcement that interest rate hikes are likely on hold for the foreseeable future will prompt some buyers to move off the sidelines in the coming months. Record population growth and tight labour market conditions will continue to support housing demand moving forward,” said Toronto Regional Real Estate Board (TRREB) President Paul Baron.

GTA REALTORS® reported 3,100 sales through TRREB’s MLS® System in January 2023 – in line with the December 2022 result of 3,110, but down 44.6 per cent from January 2022. The average selling price for January 2023 at $1,038,668 was slightly lower than the December 2022 result and down by 16.4 per cent compared to the January 2022 average price reported before the onset of Bank of Canada interest rate hikes. The MLS® Home Price Index (HPI) Composite Benchmark was in line with the December result, but down by 14.2 per cent compared to January 2022.

“Home prices declined over the past year as homebuyers sought to mitigate the impact of substantially higher borrowing costs. While short-term borrowing costs increased again in January, negotiated medium-term mortgage rates, like the five-year fixed rate, have actually started to trend lower compared to the end of last year. The expectation is that this trend will continue, further helping with affordability as we move through 2023,” said TRREB Chief Market Analyst Jason Mercer.

“All three levels of government have announced policies to enhance housing affordability over the long term, including many initiatives focussed on increasing housing supply in the ownership and rental markets. Most recently, we were encouraged to see Toronto City Council support the Mayor’s 2023 Housing Action Plan as part of the City’s overall $2 billion commitment to housing initiatives,” said TRREB CEO John DiMichele.

Sale Representative
Harman Mankoo
[email protected]
437 995 0825
SaveMax Rise Realty.

Address

Brampton, ON

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