Nav Mann

06/28/2022

Canada house prices – CREA reports the latest | Canadian Mortgage Professional
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The national home price index fell by 0.8% to $822,900 on a seasonally adjusted basis in May. The most significant price drops were registered in the nation’s hottest markets. May marked the second straight month of declines in both price levels and sales activity.

06/27/2022

How to Choose Between An Apartment, Condo Or House

06/25/2022

Canada's housing market slows down with rebalancing in major cities | Calgary Herald
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Home sales fell in most major markets with the exception of Calgary and Edmonton, which posted around three to four per cent growth last month compared with May last year. Sales fell in Toronto nearly 40 per cent, year over year.

06/21/2022

The value of a home depends on current market value and it will fluctuate overtime depending on where the home is located.
Even location within the city can make a large difference on the value.
This is a large factor in determining the current market value and the resale value if there will a resale in future.

Ask any of your real estate questions!











buyer

06/21/2022

Canada's housing markets rebalancing fast
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Clearly the Bank of Canada’s interest rate hikes since March—and the prospects for more in the months ahead—are changing the game in a big way. High interest-rate sensitivity (due to the area’s steep prices and large mortgage sizes) has put buyers on the defensive in the face of the Bank of ...

06/21/2022

Canadian Gen Z decisions for their first home

06/19/2022

This Is How Much You Need To Make To Buy A Place In Toronto & We're Talking 6 Figs - Narcity
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The National Bank of Canada dropped its housing affordability monitor for the first quarter of 2022. The first few months of this year showed the hugest spike in unaffordability in the 6ix in the last 28 years since 1994.

06/18/2022

Happy Father’s Day

06/18/2022

Toronto Condo Rents Up 24% in April as Demand Surges Post Pandemic
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Demand for rentals in the Greater Toronto Area continues to grow post pandemic, with the latest data showing average rents for all property types rose 12% year over year in April to $2,204 from $1,974 in 2021, and up 1% from March. Demand also remained hot for Mississauga-area units, which also rose...

06/16/2022

It’s very important to get the home inspection done especially for older properties so the the red flags are noticed right away, considering the functionality and comfort of home ☑️

Contact me for any questions :)

06/16/2022

Compact fluorescent light bulbs use 75% less energy than incandescent bulbs.
Fact: Changing five standard light bulbs to CFL bulbs would save you thirty dollars every year!

06/15/2022

Before buying an older property, it is important to have a proper check on the overall structure of the house to prevent any issues in the future ✅