REA (RealEstateAccounting.co)’s Post

BREAKING: Only 52% of newly constructed #apartments in Q2 2024 were rented within 3 months of completion, the 2nd lowest reading since 2020. This is down from the 74% record posted in Q3 2021, according to Redfin. 1-bedroom and 2-bedroom apartments saw the biggest declines driven by the spike in new apartment #construction. Apartment completions jumped 22.6% year-over-year to 117,500 in Q2, the highest in at least 12 years. Completions are up by a whopping 56.6% over the last 2 years. The US #housing market seems to be slowing.

🚨 Major News for Vaughan Real Estate! 🚨 Vaughan has slashed development charges by a jaw-dropping 88% to 92%! Here’s how much builders are saving: 💰 Detached & Semi-Detached Homes: $44,273 💰 Townhomes/Multiples: $36,318 💰 Large Apartments: $28,092 💰 Small Apartments: $20,243 This massive reduction could mean more affordable preconstruction projects, especially for those exciting future condos along Highway 7. 🏙️ Plus, it’s a step forward in boosting development and addressing housing needs in the GTA. Whether you’re looking to buy, invest, or simply stay informed, these changes could have a big impact on the market. Ready to explore your options? 📩 DM me today! #VaughanRealEstate #GTAHousingMarket #DevelopmentCharges #PreConstruction #RealEstateNews #CondosOnHighway7 #TorontoRealtor #HomeOwnership

New construction is becoming even more important in today's housing market. Since the supply of homes available for sale is still lower than normal, newly built homes can be a game changer because they give you more options for your search. DM me so you have a local expert to help you explore all the options in our area. #inventory #newconstructionhomes #supplyanddemand #newhomes #localexpert #opportunity #housinginventory #homesearch #realestategoals #realestatetipsoftheday #realestatetipsandadvice #justsold https://lnkd.in/g3esiXSE

New construction is becoming even more important in today's housing market. Since the supply of homes available for sale is still lower than normal, newly built homes can be a game changer because they give you more options for your search. DM me so you have a local expert to help you explore all the options in our area. #inventory #newconstructionhomes #supplyanddemand #newhomes #localexpert #opportunity #housinginventory #homesearch #realestategoals #realestatetipsoftheday #realestatetipsandadvice #justsold https://lnkd.in/g3esiXSE

Keeping you in the real estate loop... Builders Are Building Smaller Homes #firsttimehomebuyer #starterhome #keepingcurrentmatters I am here for all your RE needs and questions! #atproperties #chicagohomefinder

New construction is becoming even more important in today's housing market. Since the supply of homes available for sale is still lower than normal, newly built homes can be a game changer because they give you more options for your search. DM me so you have a local expert to help you explore all the options in our area. #inventory #newconstructionhomes #supplyanddemand #newhomes #localexpert #opportunity #housinginventory #homesearch #realestategoals #realestatetipsoftheday #realestatetipsandadvice #justsold https://lnkd.in/gqvveqqV

New construction is becoming even more important in today's housing market. Since the supply of homes available for sale is still lower than normal, newly built homes can be a game changer because they give you more options for your search. DM me so you have a local expert to help you explore all the options in our area. #inventory #newconstructionhomes #supplyanddemand #newhomes #localexpert #opportunity #housinginventory #homesearch #realestategoals #realestatetipsoftheday #realestatetipsandadvice #justsold #keepingcurrentmatters

New construction is becoming even more important in today's housing market. Since the supply of homes available for sale is still lower than normal, newly built homes can be a game changer because they give you more options for your search. DM me so you have a local expert to help you explore all the options in our area. #inventory #newconstructionhomes #supplyanddemand #newhomes #localexpert #opportunity #housinginventory #homesearch #realestategoals #realestatetipsoftheday #realestatetipsandadvice #justsold #keepingcurrentmatters

New construction is becoming even more important in today's housing market. Since the supply of homes available for sale is still lower than normal, newly built homes can be a game changer because they give you more options for your search. DM me so you have a local expert to help you explore all the options in our area. #inventory #newconstructionhomes #supplyanddemand #newhomes #localexpert #opportunity #housinginventory #homesearch #realestategoals #realestatetipsoftheday #realestatetipsandadvice #justsold

Modular homes aren't new, they date back to the early 1900s. But their role in addressing the housing shortage is getting renewed attention because they are faster and cheaper to construct than traditional homes. Modular homes are better housing option than manufactured homes because unlike the latter, their construction involves the same permits, codes and inspections as site-built homes. Can modular homes help solve the affordability problem caused by decades of underbuilding that led to low supply and high home prices? Read Real Estate News' take on this not-so-new housing solution that has regained new attention ⤵️ https://lnkd.in/guD9UwFu Image from: Lanette Behiry/Real Estate News; Shutterstock #modularhomes #afordablehomes #homesolutions #homeownership #familyhome #realestate #realestatesolutions #hometrends #homeownership2025 #dreamhome #housingsolutions #standardhome