★ Tuesday 16th May 2023 ★ Toronto GTA Power Of Sale Listings! GTA Real Estate: Daily Market Digest! "Exploring the nuances of the GTA Real Estate Market with precision and clarity." The GTA Real Estate market is constantly evolving and staying informed is crucial to making informed decisions. With the "GTA Real Estate: Daily Market Digest" newsletter, you'll receive the latest news and analysis on market trends, developments, and key insights to help you stay ahead of the competition. Our team of real estate experts curates the most relevant and up-to-date information to provide you with a comprehensive view of the market each day. Whether you're a buyer, seller, or investor, our daily newsletter will help you stay informed and make smarter decisions in the GTA Real Estate market. Sign up today and never miss a beat in the ever-changing world of GTA Real Estate. What are some common mistakes to avoid when Buying a Power-Of-Sale Property? Buying a power-of-sale property can be an attractive option for those looking for a good deal on a home. However, there are several common mistakes that buyers should avoid in order to ensure a successful purchase. One mistake is not conducting proper due diligence on the property, including getting a home inspection, reviewing the property title, and checking for liens or outstanding taxes. Another mistake is not understanding the terms of the power-of-sale agreement, which may include restrictions on financing or other conditions. Buyers should also be cautious about overbidding on the property and not accounting for additional costs such as repairs, legal fees, and closing costs. Finally, buyers should be prepared to act quickly and have financing in place before making an offer, as power-of-sale properties can be sold quickly and without notice. By avoiding these common mistakes and working with experienced professionals, buyers can increase their chances of a successful purchase of a power-of-sale property. CBC News Ontario tenant hit with $350-a-month rent hike calls for more transparency in lease agreements | CBC News The St. Catharines, Ont., resident says a provincial brochure included in lease agreements is 'sneakily written' and left her under the false impression her townhouse was rent controlled. cbc.ca READ MORE ... Insauga Brampton ranked 9th-most expensive Canadian city for rental properties | inBrampton Brampton was ranked one of the most expensive Canadian cities for rentals last month as prices have bounced back from record lows. insauga.com READ MORE ... Daily Hive Average Toronto rent prices just skyrocketed by a shocking amount | Urbanized Rent prices in Toronto continue to climb, and it will now cost you a shocking average of $2,822 to rent a home in the GTA. dailyhive.com READ MORE ... CTV News Toronto Toronto's average rent spiked by more than 40% in last two years Toronto’s rent prices, and even across the Greater Toronto Area, spiked in April. But in the last two years, Toronto’s rent alone skyrocketed by more than 40 per cent. toronto.ctvnews.ca READ MORE ... The Kingston Whig Standard Posthaste: Borrowing is getting tougher, especially for Canadian households Bank lending conditions in Canada are as tight as during the financial crisis, warns one economist. Read more thewhig.com READ MORE ... Real Estate Magazine Higher interest rates prompt some Canadians to reevaluate value of home ownership: CMHC A recent CMHC report reveals a declining trend in the belief among some Canadians that owning a home is a good investment. realestatemagazine.ca READ MORE ... CanIndia Canadian home sales jumped 11.3% in April, says CREA CanIndia News Statistics released on Monday by the Canadian Real Estate Association (CREA) revealed that national home sales jumped by double digits on a month-over-month basis in April. The latest data showed home sales recorded over Canadian MLS® Systems posted an 11.3% increase from March to April 2023, foreshadowed by smaller back-to-back gains recorded in February and […] canindia.com READ MORE ... Niagara Falls Review Can you get a mortgage if you’re self-employed? It’s not easy, but it’s not impossible With determination and good planning, you can jump through the extra hoops and get that house, Lesley-Anne Scorgie writes. niagarafallsreview.ca READ MORE ... The Motley Fool Don't Give Up on Home Ownership: Here's How to Save for a Future Home Don't write off your home-ownership dreams if that's what you want. Instead, make some drastic cuts now for huge gains in seven years. fool.ca READ MORE ... BIV Lawsuit of the Week: B.C. caterer claims landlord changed locks, sold equipment amid rent dispute Fresh To You Catering says it was held in rental limbo for two years as landlord collected cheques biv.com READ MORE ... Caledon Enterprise John and Jill pay just $1,400 a month rent in Toronto. Should they buy a home or keep on saving? John and Jill know how lucky they are to be paying only $1,400 a month in rent in Toronto where the average rent for a one bedroom is edging toward caledonenterprise.com READ MORE ... Better Dwelling Canadian Real Estate Prices Rip Higher, Rates May Not Be High Enough: BMO - Better Dwelling Canadian real estate prices are back to climbing aggressively just over a year after the correction began. Canadian Real Estate Association (CREA) data shows the price of a composite benchmark, or typical, home surged in April 2023. The unusually large increase observed also happens to be similar in size to increased leverage from falling mortgage […] betterdwelling.com READ MORE ... Global News Buyers have returned to Canada’s housing market. When will sellers follow? - National | Globalnews.ca The housing market in Canada has been warming this spring after a rapid rise in interest rates put a chill in buyers and sellers alike. globalnews.ca READ MORE ... BNN Bloomberg Real estate: Home prices rebound as spring market picks up - BNN Bloomberg A recovery in Canadian home prices accelerated in April, as warming weather brought a surge of buyers back into the market to compete for a limited number of properties. bnnbloomberg.ca READ MORE ... CBC News The housing market slowdown may be over, as average selling prices have now gone up 4 months in a row | CBC News After plunging due to interest rate hikes throughout last year, the average price of a Canadian resale home has now increased for four months in a row, new numbers showed Monday. cbc.ca READ MORE ... CREA Demand continues to outpace supply as Canadian home sales jump in… Encouraging, empowering and enabling REALTORS® in support of Canadian real estate journeys. crea.ca READ MORE ... Global News Housing upturn could delay a shift by Bank of Canada to cut rates. What to know - National | Globalnews.ca The housing market's upturn comes after the Bank of Canada paused its interest rate hiking campaign last month, leaving the benchmark rate at 4.5 per cent since January. globalnews.ca READ MORE ... Guelph Today Home prices in Guelph down 16.3 per cent from a year ago The Guelph district has seen a 16.3 per cent drop in average home prices year-over-year, according to the Canadian Real Estate Association guelphtoday.com READ MORE ... Real Estate Magazine Canada's real estate market sees largest sales jump since 2022 crash in April Spring has brought a breath of fresh air to the Canadian real estate market, with the biggest jump in home sales since the crash in 2022. realestatemagazine.ca READ MORE ... CTV News Average home price in April was $716,000, up nearly $100K in three months: CREA National home sales jumped by 11.3 per cent between March and April as the real estate market picked up again, but supply remained at a 20 year-low, the Canadian Real Estate Association said Monday. ctvnews.ca READ MORE ... Editor's Note "Welcome to my Newsletter Page! I am a professional Real Estate Agent in Toronto GTA with an Architectural background from India.  With a unique combination of design and real estate knowledge, I am dedicated to helping clients find their dream home. My expertise in both fields allows me to understand the potential of a property and how to best showcase it to potential buyers. I am committed to providing excellent service and going above and beyond for my clients. Let me help you navigate the real estate market and find your perfect property in the Toronto GTA. Contact me today!" Click Here For Hot New Current Available Toronto Real Estate Board [TREB] MLS® Listings. Call | Email me for more Info on any Greater Toronto Area Listings, Buying, Selling, or Investing queries.    Click Here to View Listings like Real Estate Agents. Click Here For HOMES & CONDOS In Toronto Click Here For PRE-SALE CONDOS in Toronto. GTA Toronto How does Rent-To-Own Homes work? Visit: http://www.manojatri.com/tour_homes  | Click Here for Power of Sale GTA Listings. Manoj Atri, REALTOR®  Experienced Toronto Sales Representative with Architectural Background. My forte: Power of Sale | Bank Foreclosures | Fixer Upper | Rent-To-Own Homes | All types of Credit Low or Zero down With Cash Back | Cash For Renovations & Much More... Re/Max Hallmark Realty Ltd., Brokerage 401-685 Sheppard Ave E, Toronto ON M2K 1B6 C: [416] 275-2089 | O: [416] 494-7653 | E: Manoj@ManojAtri.com Websites:   ManojAtri.com | ManojAtri.ca | SearchHousesForSale.ca SearchRealEstateInToronto.ca | Rent to Own Homes | ManojAtri.ReMaxHallmarkRealty.ca  Social Media: Facebook Profile • OLD Fan Page: Rent to Own Homes GTA • Pinterest • Tumbler Instagram • Twitter • Facebook • LinkedIn • Youtube • Client Testimonials Subscribe To My FREE Daily Curated Hot e-Newsletter! © Copyright 2023 ManojAtri.com All rights reserved. If you no longer wish to receive these Emails, please Unsubscribe Here