{"id":340,"date":"2024-09-15T12:00:00","date_gmt":"2024-09-15T12:00:00","guid":{"rendered":"https:\/\/www.kelvinyu.ca\/blog\/?p=340"},"modified":"2024-09-15T12:00:00","modified_gmt":"2024-09-15T12:00:00","slug":"canadian-real-estate-is-stable-toronto-condos-are-an-exception","status":"publish","type":"post","link":"https:\/\/www.kelvinyu.ca\/blog\/2024\/09\/canadian-real-estate-is-stable-toronto-condos-are-an-exception\/","title":{"rendered":"Canadian Real Estate Is Stable, Toronto Condos Are An Exception"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>BMO Capital Markets reports that Canadian real estate sales saw a 4.8% annual growth in July, but remain 5% below 2019 levels. Inventory is rising faster than sales, with new listings up 12.7%, easing market pressure. While the overall market is stable, Toronto condos are experiencing a supply glut, and home prices in Toronto have only slipped 4.2% from last year. The situation raises concerns about whether other markets can maintain demand and price premiums if Toronto continues to decline.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"https:\/\/betterdwelling.com\/canadian-real-estate-is-stable-toronto-condos-are-an-exception-bmo\/\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BMO Capital Markets reports that Canadian real estate sales saw a 4.8% annual growth in July, but remain 5% below 2019 levels. Inventory is rising faster than sales, with new listings up 12.7%, easing market pressure. While the overall market is stable, Toronto condos are experiencing a supply glut, and home prices in Toronto have [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-340","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.kelvinyu.ca\/blog\/wp-json\/wp\/v2\/posts\/340","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kelvinyu.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kelvinyu.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kelvinyu.ca\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kelvinyu.ca\/blog\/wp-json\/wp\/v2\/comments?post=340"}],"version-history":[{"count":1,"href":"https:\/\/www.kelvinyu.ca\/blog\/wp-json\/wp\/v2\/posts\/340\/revisions"}],"predecessor-version":[{"id":344,"href":"https:\/\/www.kelvinyu.ca\/blog\/wp-json\/wp\/v2\/posts\/340\/revisions\/344"}],"wp:attachment":[{"href":"https:\/\/www.kelvinyu.ca\/blog\/wp-json\/wp\/v2\/media?parent=340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kelvinyu.ca\/blog\/wp-json\/wp\/v2\/categories?post=340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kelvinyu.ca\/blog\/wp-json\/wp\/v2\/tags?post=340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}