Emily Vu, Personal Real Estate Corporation

𝐅𝐎𝐑 𝐌𝐎𝐑𝐄 𝐈𝐍𝐅𝐎𝐑𝐌𝐀𝐓𝐈𝐎𝐍: https://globalnews.ca/news/10626214/inflation-rate-june-2024-bank-of-canada/

🎉👏👏Emily xin chúc mừng những quý khách đã mua được nhà và đất ở Burnaby trong những năm qua. Trong thời gian vừa qua, nhiều khách hàng đã đầu tư vào Vancouver vì biết nơi đây có tiềm năng xây nhiều căn trong một khu đất. Tuy nhiên, hiện tại Burnaby cũng không kém phần tiềm năng, hứa hẹn mang lại nhiều cơ hội mới cho các nhà đầu tư. 👍🥳

Burnaby sắp sửa cho phép xây dựng lên đến sáu căn nhà trên các lô đất trước đây chỉ dành cho một gia đình, bắt đầu từ 1/7, theo các quy định của tỉnh. Vào 10/6,...

For more detail: https://www.cbc.ca/news/business/fed-interest-rates-june-2024-1.7232727

61% of Gen Z respondents would choose pets over children

A new report highlights
How younger Canadians are prioritizing homeownership and pets over weddings and children due to the high cost of living. While homeownership is a primary goal for 73% of Gen Z Canadians, 61% are unsure if they can afford it. In contrast, 42% see marriage as an important goal, with 41% deeming it necessary.

The cost to raise a child in Canada is approximately $293,000 from birth to age 17, while owning a dog can cost up...

1. The Bank of Canada reduced its target for the overnight rate to 4,75%, with the Bank Rate at 5% and the deposit rate at 4,75%.

2. The Bank maintains its policy of balance sheet normalization.

3. Globally, the economy grew by about 3% in the first quarter of 2024, with varying performance across regions.

4. In Canada, economic growth resumed in the first quarter, albeit slower than forecasted.

5. Canada saw solid consumption growth and increased business investment and housing activity.

6. CPI inflation eased further...

In May 2024, the Metro Vancouver real estate market experienced a decline in the number of transactions compared to typical seasonal patterns. Greater Vancouver REALTORS® reported a total of 2,733 residential sales, marking a 19.9% decrease from May 2023 and a 19.6% decrease from the 10-year average for May. Factors influencing this trend include higher borrowing costs, economic concerns, and government policy interventions. Despite a 12.6% increase in new property listings compared to May 2023, the...

Canada's consumer price index fell to 2.7% in April from 2.9% in March, driven by slower food price growth, according to Statistics Canada. Food prices still increased but at a reduced rate of 1.4% in April compared to 1.9% in March. The cost of meat was the primary factor in this decline, along with non-alcoholic beverages, bakery and cereal products, fruits and nuts, and seafood.

In April, Canada unexpectedly added 90,000 jobs, though unemployment remained steady at 6.1%. The Bank of Canada maintained...

Ngày 3 tháng 4 năm 2024, Bộ trưởng Tài chính Katrine Conroy đã đưa ra dự luật để thực thi Thuế Mua bán Nhà BC mới (HFT), nhằm vào việc mua bán nhà và đầu cơ ngắn hạn để giải quyết vấn đề về giá cả và cung cấp nhà ở. Tính từ ngày 1 tháng 1 năm 2025, những căn nhà được bán trong vòng một năm sau khi mua sẽ chịu mức thuế 20% trên lợi nhuận, và mức thuế này sẽ dần giảm về 0% sau hai năm. Bà Conroy ước tính rằng HFT sẽ áp dụng cho khoảng 4.000 giao dịch mua bán nhà hàng năm, dự kiến ​​sẽ thu được 43 triệu...

• In February, Canada's annual inflation rate decreased to 2.8%, contrary to economists' expectations of a rise to 3.1%. This decline was influenced by lower cellular services, groceries, and internet access costs. Rent and mortgage interest remained significant factors driving inflation. Gas prices rebounded slightly after a decline in January. New cell phone plans were notably cheaper than the previous year, contributing to lower inflation. The Bank of Canada's preferred measure of core inflation...

In March, Metro Vancouver's average rent prices have shown a decline after experiencing two consecutive month-to-month increases. According to the latest report from Liv.rent, the cost to rent a one-bedroom, unfurnished unit has decreased by $42 to $2,337 this March.

1. Coquitlam experienced the largest year-over-year rent increase in Metro Vancouver.
2. Metro Vancouver renters are now spending less on rent compared to the same period last year.
3. Average rent prices in Metro Vancouver are displaying evident...

✅New MLS listings surged by 31% year-over-year, fostering optimism for an active spring market.
✅The total number of properties for sale increased by 16.3%, reaching 9,634—slightly exceeding the 10-year average.
✅February sales saw a 13.5% uptick, although remaining below the 10-year seasonal average.
✅The benchmark price for all residential properties in Vancouver showed a significant 4.5% increase, reaching $1,183,300.
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✅ Số lượng bài đăng mới trên MLS tăng 31% so với...

• Projected MLS® residential sales are expected to increase by 7.8% to 78,775 units in 2024.
• Further strengthening is anticipated in 2025, reaching 86,475 units.
• The recent decline in fixed mortgage rates and potential Bank of Canada rate cuts contribute to an optimistic outlook for 2024.
• Chief Economist Brendon Ogmundson foresees a delicate balance between rising sales and normalizing inventories, resulting in a relatively quiet year for prices.
• Expectation that the Bank of Canada will lower its...