5th June 2023 - Real Estate Roundup: Latest Toronto Updates!

💥 Monday 5th June 2023 💥 Book Your FREE Consultation! Real Estate Roundup: Latest Toronto Updates! "Maximizing your Investment potential in the GTA's dynamic Real Estate Market" Welcome to the "Real Estate Roundup: Latest Toronto Updates!" Our daily newsletter is your go-to source for a comprehensive roundup of the latest news, trends, and updates in the Toronto real estate market. We understand the importance of staying informed, and our roundup brings you the most relevant and impactful stories in one convenient place. Whether you're a buyer, seller, investor, or industry professional, our newsletter covers a wide range of topics, including market trends, new listings, development projects, mortgage rates, and regulatory changes. Don't spend your valuable time searching for updates – we do the work for you. Subscribe now and stay up to date with the latest happenings in the Toronto real estate market with our "Real Estate Roundup: Latest Toronto Updates!" How can I book a FREE consultation with a Toronto Real Estate Agent? Booking a free consultation with a Toronto real estate agent is easy and convenient. Here's how you can do it: Research and Identify Agents: Start by researching reputable real estate agents in Toronto. Look for agents with a strong track record, positive reviews, and expertise in the areas or property types you're interested in. Contact the Agent: Once you've identified a few potential agents, reach out to them to express your interest in booking a free consultation. You can do this by calling their office, sending an email, or filling out a contact form on their website. Provide Your Information: During your initial contact, be prepared to provide some basic information about your real estate needs. This may include details such as whether you're buying or selling, your desired timeline, budget, and any specific requirements you have. Schedule the Consultation: The real estate agent will work with you to find a convenient time and date for the consultation. This can be done in person at their office, over the phone, or through a virtual meeting. Prepare for the Consultation: Before the consultation, gather any relevant documents or information you may have, such as property listings, mortgage pre-approval, or questions you want to ask the agent. Being prepared will ensure you make the most of your consultation. Remember, a free consultation is an opportunity for you to get to know the real estate agent, discuss your goals, and assess their expertise and suitability for your needs. Use this time to ask questions, seek advice, and evaluate whether the agent is the right fit for you. By booking a free consultation with a Toronto real estate agent, you'll gain valuable insights, receive personalized guidance, and set yourself on the path to success in your real estate journey. Bloomberg Home sales up 25% from last year, but supply remains low: Toronto real estate board The slowdown in Toronto’s housing market continued to slip away last month as home sales came in higher than they dnyuz.com READ MORE >> Canadian Mortgage Professional What are mortgage agents keeping top of mind in the current market? Expertise remains in high demand as the market ramps up mpamag.com READ MORE >> blogTO What to expect from the next Bank of Canada interest rate announcement The Bank of Canada will issue an interest rate update on June 7. This will mark the fourth interest rate announcement of 2023. Four more are schedu... blogto.com READ MORE >> Bankrate Mortgage and real estate news this week: Should I hold off on buying a home? Top mortgage and real estate news of the week msn.com READ MORE >> CTV News Vancouver Metro Vancouver real estate market showing signs of life after slow start to the year After a slow start to the year, Metro Vancouver's real estate market is showing signs of life, according to the latest numbers from the Real Estate Board of Greater Vancouver (REBGV). bc.ctvnews.ca READ MORE >> Global News Vancouver home sales up 15 cent from 2022 for May - BC | Globalnews.ca The Real Estate Board of Greater Vancouver says May home sales rose 15.7 per cent from a year earlier. It would be even higher if mortgage rates weren't so high, an expert said. globalnews.ca READ MORE >> Now Toronto Average price of GTA home hit nearly $1.2 million in May - NOW Toronto The average price of a home in the GTA reached nearly $1.2 million in May according to the latest data from TRREB. nowtoronto.com READ MORE >> Niagara Falls Review $1.5-million bungalow, surrounded by nature in the heart of Toronto, is Home of the Week Backing onto the Don Valley ravine and sitting on a private cul-de-sac, the open-concept house has been redesigned as a contemporary small-family home. niagarafallsreview.ca READ MORE >> CTV News Kitchener Waterloo region home prices inch upward for third straight month The average price of a single-detached home in Waterloo region is creeping back up toward the $1 million mark after slumping to a two-year low in December. kitchener.ctvnews.ca READ MORE >> Condo prices down while detached home prices rise in Mississauga | insauga As the real estate market starts to rebound, condos prices are actually down in Mississauga. insauga.com READ MORE >> Better Dwelling This Week’s Top Stories: Canada Leads The World For Mortgage Default Risk, & Yields Surge - Better Dwelling Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Mortgage Default Risk Is The Highest In The OECD: IMF  Canada has the highest mortgage default risk of any advanced economy. Mortgage debt surged across the world, as low rates stimulated housing markets in virtually every country. Now that rates are […] betterdwelling.com READ MORE >> Business Insider Home Depot is selling a sleek modern tiny home frame with a spiral staircase for under $50K — but it'll cost far more to get it move-in ready Home Depot is selling a kit for a 540 square-feet accessory dwelling unit for your backyard. But windows, doors, and finishes will cost you extra. msn.com READ MORE >> CTV News Vancouver Removal of Property Transfer Tax suggested for first time Vancouver homebuyers The Real Estate Board of Greater Vancouver (REBGV) is calling on the provincial government to make policy changes to help with affordability. bc.ctvnews.ca READ MORE >> CBC News Ontario is lacking condo managers and some worry it'll only get worse as more units get built | CBC News The Association of Condominium Managers of Ontario says buildings can fall into a state of disrepair without enough of them in the field. It's calling for the province and for industry players to develop a plan to recruit and retain managers in the long-term.  cbc.ca READ MORE >> Vancouver Is Awesome BoC may have to raise rates again this summer given recent momentum, economists say OTTAWA — Momentum in the Canadian economy is spurring speculation that a rate hike is on the way, but economists don't expect the Bank of Canada to pull the trigger this week. vancouverisawesome.com READ MORE >> Burlington The Post 'Major issue': Overall house prices dip in Oakville and Burlington but sales and new listings way up, real estate report shows 'Moving back into the market' thespec.com READ MORE >> Ottawa Sun LACKIE: May brought some heat back to housing market Welp, it wasn't mirage -- May really was a hopping month for real estate in Toronto. ottawasun.com READ MORE >> Kitchener City News Regional real estate market sees drop in sales compared to last May | CityNews Kitchener Buyer and listing activity in the region increased in May but it’s still at historically low numbers. According to the Waterloo Region Association of Realtors, 788 homes were sold last month. The results are a 10.9 per... kitchener.citynews.ca READ MORE >> Brampton Guardian Average Brampton real estate price up 11% in 2023 after five straight monthly increases The average price for real state in Brampton has increased steadily so far in 2023 after falling throughout most of 2022. bramptonguardian.com READ MORE >> Mississauga.com Here’s how much Mississauga real estate prices have increased in 2023 Average real estate prices in Mississauga have increased steadily through the first five months of 2023 after falling throughout most of 2022. mississauga.com 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 Greater Toronto Area & Surroundings. Contact me today!" Click Here For Hot New Toronto Regional Real Estate Board [TRREB] 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. How does Rent-To-Own Homes works? Click Here for Power of Sale Listings. Manoj Atri, REALTOR®  Experienced Toronto GTA Sales Representative with Architectural Background. My forte: Power of Sale | Bank Foreclosures | Fixer Upper | Rent-To-Own Homes | All types of Credits Low or Zero down With Bank Cash-Back | Cash For Renovations & Much More... Re/Max Hallmark Realty Ltd., Brokerage 401-685 Sheppard Ave E, Toronto ON M2K 1B6 Cell: [416] 275-2089 | Office: [416] 494-7653 | Email: 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 • Facebook NEW Fan Page Blog • Instagram • LinkedIn • Pinterest • Twitter • Tumblr • Youtube • Client Testimonials Subscribe To My FREE Daily Curated Hot News Articles e-Newsletter! © Copyright 2023 ManojAtri.com All rights reserved. If you no longer wish to receive these Emails, please Unsubscribe Here

3rd June 2023 - Insider's Guide to Toronto Real Estate Market!

★ Saturday 3rd June 2023 ★ Mortgage Broker Vs Banks Insider's Guide to Toronto Real Estate Market! "Empowering you to make smart Real Estate decisions in the GTA" Welcome to the "Insider's Guide to Toronto Real Estate Market!" Our comprehensive newsletter provides you with an exclusive peek into the thriving real estate scene in Toronto. Whether you're a seasoned investor, a first-time buyer, or a curious enthusiast, our guide offers valuable insights, expert tips, and in-depth analysis to help you navigate this dynamic market with confidence. From emerging neighborhoods and investment opportunities to market trends and regulatory updates, we cover all aspects of the Toronto real estate market. Stay one step ahead with our insider knowledge and gain a competitive edge in your real estate endeavors. Subscribe now and unlock the secrets of the Toronto real estate market with the "Insider's Guide to Toronto Real Estate Market!" Mortgage Broker or Bank - What's Your Best Bet? The choice between a mortgage broker and a bank ultimately depends on your individual needs and preferences. Here are some factors to consider when deciding which option may be your best bet: Mortgage Broker: Access to Multiple Lenders: Mortgage brokers work with a network of lenders, including banks, credit unions, and alternative lenders. This allows them to offer you a wide range of mortgage options and potentially secure better terms and rates by shopping around on your behalf. Expertise and Guidance: Mortgage brokers specialize in mortgages and have in-depth knowledge of the industry. They can provide personalized advice, guide you through the application process, and help you navigate complex mortgage scenarios. Time-Saving: Mortgage brokers can save you time by researching and comparing mortgage products on your behalf, submitting applications, and dealing with the paperwork involved in securing a mortgage. Negotiation Power: Brokers may have better negotiating power with lenders due to their volume of business and relationships with various institutions. They can advocate for you and potentially secure more favorable terms. Bank: Convenience: If you have an existing banking relationship, obtaining a mortgage from your bank may be convenient since all your financial services are consolidated in one place. Bundling Benefits: Banks often offer incentives and benefits for customers who have multiple accounts or services with them, such as discounted interest rates or reduced fees. Familiarity and Trust: If you value familiarity and trust, working with your bank may provide a sense of comfort since you're dealing with an institution you already have a relationship with. Potential Cost Savings: Banks may have lower administrative fees or offer promotions that result in cost savings when obtaining a mortgage directly from them. Ultimately, it's advisable to explore both options by speaking with a mortgage broker and consulting with your bank to compare the available mortgage products, rates, and terms they can offer you. Consider your financial goals, the level of personalized guidance you require, and the importance of accessing multiple lenders and competitive rates. This will help you determine which option aligns best with your needs and can potentially save you time and money in the mortgage process. Daily Hive Tenants in Toronto building are refusing to pay rent and striking against their landlord | Urbanized Nearly 200 tenants at 33 King Street in Toronto have decided to stop paying rent and strike against their corporate landlord. dailyhive.com READ MORE >> Real Estate News Exchange 770 mixed-income rental units coming to Toronto’s Canary District Maple House, the first phase at Canary Landing, is opening the units this summer, 30% of which are designated as affordable housing and will give priority to single mothers, women fleeing abuse, people with accessibility issues and indigenous people. renx.ca READ MORE >> Canadian Mortgage Trends RBC and NBC are the latest big banks to hike fixed mortgage rates - Mortgage Rates & Mortgage Broker News in Canada RBC and National Bank became the latest Big 6 banks to increase their posted fixed rates this week, following previous increases by BMO and CIBC. canadianmortgagetrends.com READ MORE >> The Whig Standard FP Answers: What's the best way to use RRSP contribution room accumulated through rental income? In this case, a retiree should forget about the extra RRSP contributions and instead think about the big picture, expert says. Read on. thewhig.com READ MORE >> Ottawa Sun TRREB: Strengthening Demand and Lack of Housing Supply Pushes Up Prices in the GTA TORONTO, June 02, 2023 (GLOBE NEWSWIRE) — The Greater Toronto Area (GTA) housing market continued to improve from a sales perspective in May 2023.… ottawasun.com READ MORE >> Newmarket Today Vancouver home sales rise in May, nearing 10-year average: real estate board VANCOUVER — The Real Estate Board of Greater Vancouver says May home sales rose 15.7 per cent from a year earlier. The B.C. newmarkettoday.ca READ MORE >> CBC News Victoria mortgage broker suspended as regulator cites 'misappropriated millions' | CBC News Greg Martel and his company Shop Your Own Mortgage are facing civil claims and court proceedings aimed at untangling the mystery of almost a quarter billion dollars in missing investor funds. cbc.ca READ MORE >> Global News Man renting home impersonates owner, applies for mortgage, takes funds: Toronto police - Toronto | Globalnews.ca A man renting a home impersonated the owner, applied for a mortgage and then took the funds, Toronto police allege, and officers say the suspect may have committed similar crimes. globalnews.ca READ MORE >> CP24 'The supply of listings hasn't kept up:' GTA home prices reach their highest level in a year The average selling price of a home in the Greater Toronto Area ticked up again last month as supply continues to lag behind growing demand, the Toronto Regional Real Estate Board says. cp24.com READ MORE >> Global News Home sales up 25% from last year, but supply remains low: Toronto real estate board - Toronto | Globalnews.ca TRREB's numbers showed that the average price of a townhome moved up 2.5 per cent to $1,003,152, while detached homes increased by under one per cent to $1,556,566. globalnews.ca READ MORE >> CTV News Average home price in GTA ticked up in May as demand continues to outpace supply: TRREB The average selling price of a home in the Greater Toronto Area ticked up again last month as supply continues to lag behind growing demand, the Toronto Regional Real Estate Board says. toronto.ctvnews.ca READ MORE >> Real Estate Magazine Toronto's housing crunch: Demand outpaces supply, fueling price growth in May The pressure of interest rates and a potential recession could drastically change the winds of fate, but for May, T.O. remained a seller's market. realestatemagazine.ca READ MORE >> blogTO This $7.5 million Toronto home comes with a breathtaking sunroom Situated right next to Toronto's affluent Bridle Path neighbourhood, it comes as no surprise that this home located at 8 Penwood Crescent just ente... blogto.com READ MORE >> CTV News Waterloo region home prices inch upward for third straight month The average price of a single-detached home in Waterloo region is creeping back up toward the $1 million mark after slumping to a two-year low in December. kitchener.ctvnews.ca READ MORE >> CTV News 'Torch has been passed': What younger generations need to know about inheriting a family cottage As more Canadians pass their family cottages down to the next generation, 'major shifts' in the ownership of recreational homes will occur, according to Re/Max. But amid concerns around the cost of housing, some may be wondering whether they can afford to keep that family cottage. Here's what younger generations need to know about inheriting a recreational property and the market today. ctvnews.ca READ MORE >> Better Dwelling Canadian Mortgage Default Risk Is The Highest In The OECD: IMF  - Better Dwelling The days of Canada having a reputation of conservative bank practices are coming to an end. In a new research note from the IMF, the global financial agency ranked mortgage default risks for households. Canada’s combination of high household debt, frothy home prices, and floating rate loans makes it the riskiest advanced economy in the […] betterdwelling.com READ MORE >> Financial Post Toronto home price surge biggest since pandemic peak Toronto home price gain is another sign of persistent inflation just before the Bank of Canada's decision on interest rates. Read more financialpost.com READ MORE >> blogTO Toronto home prices just leapt upward for the third month in a row Home prices are marching back upward in the Greater Toronto Area (GTA), registering the third straight month of gains following a turbulent period ... blogto.com 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 News Articles e-Newsletter! © Copyright 2023 ManojAtri.com All rights reserved. If you no longer wish to receive these Emails, please Unsubscribe Here