★ Wednesday 17th May 2023 ★ Sell Your Own Home Without Agent! Toronto GTA Real Estate Today: Daily Brief! "Your go-to resource for GTA Real Estate News and Insights." Welcome to "Toronto GTA Real Estate Today: Daily Brief!" Our daily newsletter is your essential source for the latest updates, trends, and insights in the ever-changing Toronto GTA real estate market. Stay informed and stay ahead with our carefully curated news, market analyses, and expert perspectives delivered straight to your inbox every day. Whether you're a buyer, seller, investor, or industry professional, our newsletter provides the information you need to make informed decisions in this dynamic market. From hot listings and pricing trends to regulatory changes and neighborhood spotlights, we cover it all. Don't miss out on the latest developments shaping the Toronto GTA real estate landscape. Subscribe now to our daily brief and start your day with a pulse on the market! What are some common Mistakes to avoid when Selling a Home by Owner? When selling a home by owner, there are several common mistakes that sellers should avoid in order to maximize their chances of a successful sale. One mistake is not properly pricing the home. It's essential to conduct thorough market research and set a competitive price that attracts potential buyers. Overpricing can deter buyers, while underpricing can lead to a financial loss. Another mistake is neglecting to prepare the home for sale. Sellers should ensure their property is clean, decluttered, and well-maintained to make a positive impression on potential buyers. Additionally, inadequate marketing efforts can hinder the sale. Sellers should leverage multiple marketing channels, including online listings, social media, and signage, to reach a wider audience. Failing to respond promptly to inquiries or showings is another mistake that can discourage interested buyers. Lastly, not seeking professional guidance can be detrimental. Sellers should consider consulting with real estate professionals for advice on pricing, negotiations, and legal paperwork to navigate the selling process smoothly. By avoiding these common mistakes, sellers can increase their chances of selling their home efficiently and at a desirable price. CBC News Toronto-area homeowners shocked by shoddy renos from contractors RBC touted as 'trusted' | CBC News RBC recommended the Smart Reno platform to two couples in the Greater Toronto Area. They say it came as a shock to later learn the contractors weren't qualified based on their shoddy work, which the homeowners have, or will have to, spend even more money to fix. cbc.ca READ MORE... Money Talks News 5 Renovations That Can Impact Your Home Insurance Home improvements can affect your home insurance policy for the better, the worse or both. moneytalksnews.com READ MORE... Canadian Mortgage Professional Are renovations set to spike amid continuing supply shortages? Housing starts are up – but supply is still at a 20-year low mpamag.com READ MORE... The Deep Dive Canadian Home Sales Increased in April as Demand Continues to Outweigh Supply Despite high interest rates and dampened economic conditions, the demand for housing across Canada isn't showing signs of wavering. Latest thedeepdive.ca READ MORE... Sunrise Credit Union Sunrise Credit Union - Sunrise Cash Back Mortgage With a Cash Back Mortgage, a member will get a certain amount back from Sunrise Credit Union once their mortgage is fully funded and all conditions are satisfied, with the funds deposited into their chequing or savings account. The Cash Back offer is available for a new approved residential mortgage in any dollar amount with any fixed rate closing term using Sunrise Credit Union rates for the appropriate mortgage type. sunrisecu.mb.ca READ MORE... Canadian Mortgage App Maximum Mortgage Calculator The Maximum Mortgage tool calculates the maximum mortgage an applicant can borrow. Key inputs are comfort level (GDS/TDS), income and debts. canadianmortgageapp.com READ MORE... Money Sense Canada’s 20 best credit cards for 2023 Find credit cards that offer you more cash back and more rewards, based on the way you spend. moneysense.ca READ MORE... MoneySense Should you claim the principal residence exemption on a property you bought your child? - MoneySense You can claim a property that your child lives in as your principal residence if it is legally or beneficially yours. But this has tax implications for your own home. moneysense.ca READ MORE... Better Dwelling Canadian Real Estate Prices Propped Up By Longer Repayment: Bank Regulator - Better Dwelling A few weeks ago, we revealed that sky-high Canadian real estate prices are supported by extended amortizations. It turns out someone else agrees—Canada’s bank regulator, the Office of the Superintendent of Financial Institutions (OSFI). In a letter to the House of Commons Standing Committee on Finance, OSFI explains that removing the ability to extend amortization […] betterdwelling.com READ MORE... Y108 Landlords ask over $1,800 for one bedroom in Hamilton, up 18% annually Rentals.ca says despite the bump in monthly rent costs for the Hammer last April, it’s still a more affordable place to live than several other Ontario cities nearby. y108.ca READ MORE... Now Toronto Average rent in Toronto is now more than $2,820: report - NOW Toronto The average price of a rental unit in Toronto hit more than $2,820 and continues to climb compared to a year ago.  nowtoronto.com READ MORE... Real Estate Magazine Average rent rises nearly 10% year-over-year in April Toronto's average rent for a one-bedroom increased by 21% year-over-year in April, while the average rent in Vancouver was up 15%. realestatemagazine.ca READ MORE... CTV News Rents up 9.6 per cent over 2022, average asking price now $2,002 in Canada Rents in Canada are up 9.6 per cent over 2022, with the average monthly asking price for a residential unit now $2,002, according to Rentals.ca. ctvnews.ca READ MORE... BIV Rent, mortgage interest helped drive inflation higher in April: Statistics Canada RBC Economics says shelter was the largest contributor to headline inflation in April biv.com READ MORE... The Recorder & Times Posthaste: Canadians' love affair with variable-rate mortgages is over — now there's a new thing More homebuyers are opting for short-term fixed-rate mortgages these days in hopes of a rate cut down the road. Find out more recorder.ca READ MORE... Canadian Mortgage Trends Average rent in Canada is up 20% over the last two years: Rentals.ca - Mortgage Rates & Mortgage Broker News in Canada Average rents across Canada are now up over 20% since rebounding from their pandemic lows. The average asking rent in April was $2,002, unchanged from March but up 9.6% from a year ago, according to the latest monthly report from Rentals.ca. Compared to the low of $1,662 reached in April 2021, in the midst of the pandemic, rents are now up by 20%, or $340 per month, the report added. For the major metro areas like Toronto and Vancouver, the […] canadianmortgagetrends.com READ MORE... CBC News Average rent has risen by 10 per cent in a year The average price for a rental home in Canada is up by 10 per cent since last year, and even cities known for lower rents, such as Montreal, are feeling the pinch. cbc.ca READ MORE... Insauga Hamilton's average monthly rent rises 20.5% (about $400) in April: report | inTheHammer The demand for rental properties has been steadily increasing in Hamilton, with the average monthly rent in April swelling 20.5 per cent, or about $400, according to a new report. Hamilton is among the 20 fastest-growing mid-sized markets for April, ranking No. 11. The figures apply to purpose-built rental properties, defined as housing built for […] insauga.com READ MORE... Toronto City News Everywhere Oshawa man bilked rental scam victims of more than $50K, police say | CityNews Toronto Durham Regional Police allege an Oshawa man defrauded over 35 people out of more than $50,000 in an apartment rental scam. toronto.citynews.ca READ MORE... Re/Max Blog Disadvantages of Selling Your Home Without a Real Estate Agent What are the disadvantages of selling your home without a real estate agent? There are some pros and cons. Here's what you should know. blog.remax.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