m city condos price list.The Canadian Dream is going to break? On the whole, the sales price of commercial housing continued to decline compared with the previous month. In terms of new commercial housing, in May, the sales price of new commercial housing in first-tier cities rose 0.4% from the previous month, down 0.1% in second-tier cities and 0.3% in third-tier cities.Please Visit: m city condos price list to Get Your VVIP Registration Today!
In terms of second-hand housing, there are 53 cities with a month-on-month decline in prices, an increase of 3 over the previous month. Sales prices in first-tier cities rose 0.4 per cent month-on-month to be flat from last month; second-tier cities fell 0.3 per cent month-on-month, the same rate as last month; and third-tier cities fell 0.5 per cent month-on-month. Obviously, the cooling of real estate in our country is not reduced, but it is not only in our country.
It is also expected that the United States ranks first among the three countries. after all, the United States is the world’s number one economy. Not only our country, but also the residents of most countries in the world, basically have an “American dream.” As the third largest economy in the world and the largest developed country in Asia, Japan is close to our country, and its cultural customs are similar. In addition, social welfare is also among the best in the world, so many Chinese are willing to settle in Japan.
In fact, Canada has always been one of the most popular countries for rich immigrants. As a highly developed country, it is called one of the countries with the highest standard of living, the richest society and the most developed economy in the world. With free education, the quality of education is also very high. It is reported that Canada also has the concept of “private property protection”, which is why many rich people like to emigrate to Canada. You know, Li Ka-shing’s two sons were educated in Canada and acquired Canadian nationality.
It’s the same as we buy houses in major cities in our country. The best way to emigrate is to buy real estate. This is also the reason why Canadian real estate is booming. It is understood that Meng Wanzhou, the eldest daughter of Ren Zhengfei, has also bought real estate in Canada. Due to the large number of immigrant investors, house prices have been soaring over the years, especially in cities such as Vancouver and Toronto. But Canada is also in trouble.
The Canadian real estate market, which has been heating up rapidly in recent years, has begun to cool down. House prices across Canada fell for the first time in two years in April and then continued to fall in May. Like other countries, the turmoil in the Canadian housing market was caused by interest rate hikes by the central bank. Canada’s benchmark interest rate has risen to 1.5% from 0.25% at the beginning of the year.
Of course, this is only one of the reasons. It is reported that national housing sales in Canada fell 12.6% in April from the previous month, and the monthly activity in its real estate market reached its lowest level since the summer of 2020. Among them, about 80% of the local markets in Canada are in decline.
