★ Tuesday 9th May 2023 ★ Home Buying & Home Selling FREE Reports! GTA Real Estate Market: Latest Developments! "Toronto Real Estate Watch: The Latest Developments Revealed" Are you looking to stay on top of the latest developments in the GTA real estate market? Our daily newsletter has got you covered! From breaking news to emerging trends, we curate the top headlines that matter most to buyers, sellers, and investors in the Greater Toronto Area. Our team of expert analysts and industry insiders bring you up-to-date information on housing market conditions, new listings, price trends, and more. Whether you're a first-time buyer or a seasoned investor, our newsletter provides valuable insights and actionable information to help you make informed decisions in today's fast-paced real estate market. Sign up now to receive your daily dose of curated GTA real estate news!     What is the difference between Closing Costs and extra Buying Costs? Closing costs and extra buying costs are both expenses that buyers have to pay when purchasing a property, but they refer to different things. Closing costs are expenses related to the transfer of ownership of the property and are paid at the time of closing. These costs include items such as legal fees, land transfer taxes, title insurance, and property appraisal fees. Extra buying costs, on the other hand, are costs that buyers may incur throughout the home buying process. These can include expenses such as home inspections, real estate agent commissions, mortgage application fees, and moving costs. These costs are typically paid before the closing date and are not included in the closing costs. It's important for buyers to budget for both closing costs and extra buying costs to ensure they have the funds needed to complete the home buying process.   CBC News Toronto landlord found condo listed on Airbnb by someone who wasn't her tenant. She blames lax city rules | CBC News Toronto landlord Allison Rasquinha is demanding changes to how the City of Toronto grants short-term rental licences after learning someone other than her approved tenant was able to obtain one for her downtown condo. She says the unit was rented out without her permission and in violation of her condo corporation's rules. cbc.ca LEARN MORE...   Wealth Awesome What Is The Average Credit Score By Age In Canada? (2023) Below, I’ll outline the latest consumer data to break down the average credit score by age in Canada. I’ll also explain how credit reporting works so that you wealthawesome.com LEARN MORE...   Insauga Houses selling faster in Brampton due to low supply: report | inBrampton A lack of supply in Brampton is leading to more sales as homes are changing hands more quickly compared to other parts of the province. insauga.com LEARN MORE...   Insauga Home prices slowly rise but down still nearly 15 per cent compared to last spring in Mississauga | insauga While home prices are slowly increasing and sales are up, average costs are still down compared to this time last year. insauga.com LEARN MORE...   blogTO These are the cheapest and most-heavily taxed Ontario cities to buy a home Purchasing a home or condo whether you're a first-time buyer or not can be a stressful experience, especially when you factor in the closing costs ... blogto.com LEARN MORE...   Real Estate Magazine 57% of GTA neighbourhoods are in overbidding territory April marks the third consecutive time that the share of overbidding neighbourhoods in the GTA has substantially increased month-over-month. realestatemagazine.ca LEARN MORE...   Real Estate Magazine Navigating a competitive market: 7 things to tell your stressed-out buyers Are low inventory levels in your market leading to frustrated buyers? Ted Greenhough has some advice on how to keep your clients' optimistic. realestatemagazine.ca LEARN MORE...   Castanet Short-term rentals contributing to lack of available housing in West Kelowna - West Kelowna News A one-year review of West Kelowna's short-term rental program underscores concerns some on city council had when agreeing to its implementation. castanet.net LEARN MORE...   Sudbury Star Posthaste: Looks like Canada's housing market has finally turned the corner The speed of Canada's housing market correction surprised forecasters. Now its recovery is too. what does this mean to the Bank of Canada? thesudburystar.com LEARN MORE...   Castanet Bridging the gap between selling and buying - The Mortgage Gal As always, before I sit down to write my column, I tend to notice a theme of what’s happened over the last few weeks. castanet.net LEARN MORE...   Rates.ca Does home insurance cover knob and tube wiring? What is knob and tube wiring and can you get it covered by your home insurance? The question isn't so easy to answer. rates.ca LEARN MORE...   Toronto Life House of the Week: $2.8 million for a Lawrence Park century home built by the man behind Casa Loma The 2,300-square-foot property comes with five bedrooms, exposed brick and beams, Scandinavian decor and a covered deck out back torontolife.com LEARN MORE...   Insauga Whitby, Oshawa, Ajax housing market suffering from low housing supply - TREBB report | inDurham March housing sales in the GTA are up nine per cent, prices are up four per cent and new listings are 1.6 per cent higher but low levels of inventory mean the market is tightening, according to the Toronto Regional Real Estate Board’s latest report. Months of supply remained relatively unchanged from March, declared the […] insauga.com LEARN MORE...   Huge area of Toronto untouched by developers will soon be ripe for redevelopment Toronto's enormous $1.25 billion Port Lands Flood Protection Project is giving the city a re-naturalized Don River mouth and creating a new artific... blogto.com LEARN MORE...   Canadian Mortgage Trends Home prices are rising in Canada's biggest real estate markets - Mortgage Rates & Mortgage Broker News in Canada Home prices in the country's large metro were back on the rise in April amid continued tight inventory. canadianmortgagetrends.com LEARN MORE...   CP24 The housing correction may be over but rebound in sellers should keep price gains in check: RBC The GTA housing market appears to have turned a corner cp24.com LEARN MORE...   Better Dwelling Canadian Home Building Costs Surge Higher, Especially In Toronto - Better Dwelling Canadian inflation might be cooling, but the costs of building a home is surging higher. Statistics Canada (Stat Can) data shows home building costs jumped higher in Q1 2023. Rather than slowing down, growth is accelerating—running over 5x the inflation target. It’s even worse in Toronto, where the high rise crane capital of North America […] betterdwelling.com LEARN MORE...   CBC News Home sales slow on P.E.I. but prices remain steady, latest numbers show | CBC News The latest real estate numbers show the resale housing market on Prince Edward Island continues to cool. cbc.ca LEARN 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... 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