12th July 2023 - Greater Toronto Real Estate Insights: Your Daily Brief

💥 Wednesday 12th July 2023 💥 Book Your FREE Consultation! Greater Toronto Real Estate Insights: Your Daily Brief "Pioneering your path to success in Home Buying and Selling with our FREE Reports and coveted new Listings!" Welcome to "Greater Toronto Real Estate Insights: Your Daily Brief!" Our daily newsletter is your essential source for valuable insights and briefings on the Greater Toronto real estate market. We understand the importance of staying informed, and our brief delivers concise and impactful information directly to your inbox. Whether you're a buyer, seller, investor, or industry professional, our curated content covers a wide range of topics, including market trends, investment opportunities, neighborhood profiles, financing options, and more. Stay informed and make informed decisions with our daily briefings. Subscribe now to "Greater Toronto Real Estate Insights: Your Daily Brief" and gain valuable insights into the ever-changing Greater Toronto real estate market. What are the benefits of booking a FREE consultation with a Toronto Real Estate Agent? Booking a free consultation with a Toronto real estate agent can offer several benefits. Here are some advantages of scheduling a consultation: Expert Advice and Guidance: A real estate agent has specialized knowledge and expertise in the Toronto market. They can provide professional advice and guidance tailored to your specific needs and goals. During the consultation, you can discuss your real estate objectives, whether it's buying, selling, or investing, and receive personalized recommendations based on their experience and market insights. Market Insights: Real estate agents have access to up-to-date market data and insights. They can provide you with valuable information on current market conditions, trends, and pricing dynamics specific to Toronto. This knowledge can help you make informed decisions and understand the local market's intricacies, ensuring you are well-equipped to navigate the real estate landscape. Local Expertise: Toronto is a diverse and dynamic city with various neighborhoods and communities. A Toronto real estate agent has in-depth knowledge of different areas, including amenities, school districts, transportation, and lifestyle factors. They can provide you with insights on the neighborhoods that align with your preferences and help you find the right fit for your needs. Customized Strategy and Planning: A real estate agent can develop a customized strategy based on your goals and preferences. They can assess your budget, timeline, and desired property features to help you prioritize and make informed decisions. Whether you're buying, selling, or investing, a tailored approach can increase your chances of success and optimize your outcomes. Access to Listings: Real estate agents have access to a comprehensive database of property listings, including both on-market and off-market opportunities. During the consultation, you can discuss your specific requirements and criteria, allowing the agent to curate a list of suitable properties tailored to your needs. This access can provide you with a competitive advantage in finding the best properties that align with your preferences. Negotiation and Transaction Management: Real estate transactions involve negotiations, paperwork, and legal considerations. A real estate agent can navigate these complexities on your behalf, ensuring you have proper representation and advocating for your best interests. Their negotiation skills and transaction management expertise can help you secure favorable terms, navigate contingencies, and streamline the process. Network of Professionals: Real estate agents typically have an extensive network of professionals, including mortgage brokers, home inspectors, lawyers, and contractors. They can provide referrals to trusted service providers who can assist you throughout the buying or selling process. This network can save you time and effort in finding reliable professionals for various aspects of your real estate transaction. By booking a free consultation with a Toronto real estate agent, you can tap into their knowledge, expertise, and resources. It allows you to discuss your goals, ask questions, and assess their suitability for your real estate needs. Ultimately, a consultation can help you make informed decisions and set you on the path to achieving your real estate objectives in Toronto. Tenants in Mississauga fed up with pests, broken elevators and strangers appearing in hallways and stairwells | insauga Tenants at three buildings in Mississauga are asking the city and their property management company to do more to control pests, alleviate ongoing construction-related disruptions, keep elevators running and increase security.  In May, Peel ACORN, an independent social and economic justice organization comprised of low- and moderate-income Mississauga residents, organized a protest for tenants living […] insauga.com READ MORE ... How to Get Financing for a Cottage in Canada Buying a cottage in Canada involves the right financing. Here's what you should know about cottage ownership, and how you'll pay for it. blog.remax.ca READ MORE ... Canada’s Rising Unemployment Is A “Foolproof” Recession Signal: BMO - Better Dwelling Canada’s economy has been lucky enough to buck recession forecasts, but its luck may be running out. The country’s latest job report showed huge job gains in June. However, it’s the rising unemployment rate that caught the attention of BMO’s chief economist. In a note to investors, they warned the rising rate has a near-foolproof […] betterdwelling.com READ MORE ... B.C. realtor fined more than $100K for igniting wildfire A B.C. man was ordered to pay a $3,000 administrative penalty and more than $100,000 in firefighting costs incurred by the province when a burn pile sparked a wildfire on his property in 2019 biv.com READ MORE ... 5 most ‘affordable’ homes that were sold in Hamilton | inTheHammer Hamilton’s real estate continues to attract attention of first time home buyers with affordable housing options. Here’s a closer look at the top 5 least expensive homes recently sold in the city, a list compiled by real estate website and brokerage Zoocasa, all under $ 500K. 116 Burton St:  This 3-bedroom, 1.5-bathroom semi-detached dwelling is […] insauga.com READ MORE ... Top 5 most expensive homes sold in Hamilton for over $ 2 million | inTheHammer Hamilton’s real estate saw some fluctuations in June, with the average price of home sales capped at $851,359, according to a study by real estate brokerage Zoocasa. However, this didn’t stop residents from buying luxurious properties across the city. The five most expensive homes sold, were all above the $ 2 million mark. From sprawling […] insauga.com READ MORE ... Another rate hike may be looming and Canadians worry they can’t keep up - National | Globalnews.ca Ipsos polling shows 71 per cent of Canadians are worried they can't keep up with the pace of rising interest rates as debt-servicing costs mount. globalnews.ca READ MORE ... 'A sharp rebalancing of demand-supply conditions': RBC says GTA housing market lost steam in June There was a 'sharp rebalancing of demand-supply conditions' in Toronto’s real estate market last month as the Bank of Canada’s recent decision to resume its rate hiking cycle pushed some buyers to the sidelines, a new report from RBC suggests. toronto.ctvnews.ca READ MORE ... Bank regulator consulting on proposed mortgage guideline changes Canada's banking regulator has launched consultations on proposed changes to mortgage guidelines to address risks related to borrowers with growing balances. ctvnews.ca READ MORE ... More than half of Canadians $200 away or less from not being able to pay all of their bills More than half of Canadians say they are $200 away or less from not being able to pay all of their bills at the end of the month, a report by insolvency firm MNP Ltd. said, as higher interest rates and a rising cost of living have stretched budgets. ctvnews.ca READ MORE ... What is Bridge Financing? What is bridge financing? How do you apply? Will it help with your situation? Let’s explore the ins and outs. blog.remax.ca READ MORE ... How local housing markets are responding to Bank of Canada's rate hike The Bank of Canada's June rate hike and the potential for another increase in July have elicited mixed reactions across local housing markets. realestatemagazine.ca READ MORE ... Final week to provide feedback on proposed changes to the Canada Mortgage Bonds program - Mortgage Rates & Mortgage Broker News in Canada This is the final week of the federal government's consultation period for its proposed changes to the Canada Mortgage Bonds (CMB) program. canadianmortgagetrends.com READ MORE ... P.E.I.'s home real estate market moderating, but still tight | CBC News Home shoppers on P.E.I. have had more to choose from this year but the market still favours sellers, according to the latest figures from the P.E.I. Real Estate Association. cbc.ca READ MORE ... Canadian Mortgages Get New Guidelines After Mass Risks Materialize  - Better Dwelling Canadian real estate markets top global bubble lists, but speculators still pile in. Global observers struggle to understand why, but they only need to look at the latest guideline from the Financial Consumer Agency of Canada (FCAC). The government watchdog for consumers recently released the Guideline on Existing Consumer Mortgage Loans in Exceptional Circumstances (Guideline), […] betterdwelling.com READ MORE ... The 30% benchmark for affordable housing is tough. Here’s what it can afford the average worker in different parts of the GTA As of June, the average one-bedroom rental costs about $2,200 across Ontario and more than $2,500 in Toronto. thespec.com READ MORE ... ‘Too good to be true’: American couple falls victim to Revelstoke rental scam - Trail Daily Times In 2021 Canadians lost $12.3 million in merchandise fraud, which includes rental scams trailtimes.ca READ MORE ... Here's how much it costs to rent a one-bedroom apartment in Metro Vancouver this July Canada's top five most expensive cities for renters are located in Metro Vancouver. vancouverisawesome.com READ MORE ... Toronto landlord alleges tenants rented unit on Airbnb at least 30 times without her knowledge in $1.6M lawsuit A Toronto woman has launched a lawsuit seeking more than 1.5 million dollars from Airbnb, the City of Toronto, and two former tenants after the condominium she owns was allegedly rented out on the short-term rental platform dozens of times without her knowledge. cp24.com READ MORE ... Province's 'misguided policies' behind rent hikes, says Gravenhurst reader Letter to the editor. muskokaregion.com READ MORE ... Proposed private student residence could be investment condos Proposed development at the Stone/Gordon intersection would have 532 units with a combined 1,149 bedrooms guelphtoday.com READ MORE ... Home Prices in Urban Canada Won’t Fall. Where to Buy Right Now? DBRS Morningstar thinks that demand will stay strong, while supply will stay weak - so prices won't fall, especially in Toronto and Vancouver. morningstar.ca READ MORE ... House of the Week: $4.4 million for a manor in the Bluffs with a bunkie out back The 5,000-square-foot property sits on half an acre of land and comes with five bedrooms, two terraces, soaring ceilings and cottage-like charm torontolife.com READ MORE ... Barrie to charge developers more for high-density builds. Why the city's treasurer says that's still not recouping enough '(It) has the potential to significantly impact rental affordable-housing projects,' argues representative for developer. simcoe.com READ MORE ... Co-owning a home with strangers on the rise in Vancouver, says realtor - BC | Globalnews.ca Sleeping together all in one bedroom, this Vancouver family sought a bigger space. But like thousands of residents, they couldn't come up with the cash alone. globalnews.ca READ MORE ... Unprecedented Venture Empowers Canadians to Earn Million-Dollar Real Estate Commission | UrbanToronto Real estate investment company 55 Town Centre Holdings is offering Canadians an unprecedented opportunity to turn their phones into a million-dollar cash machine in a bid to expedite the sale of a prestigious commercial property in Scarborough. urbantoronto.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 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, Investing or Homebuyer's 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:   Homebuyer Hub | 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

11th July 2023 - Greater Toronto Real Estate Daily: Latest Market Insights

★ Tuesday 11th July 2023 ★ Buy With Low Or Zero Down Payment! Greater Toronto Real Estate Daily: Latest Market Insights! "Enriching your Home Buying and Selling experience with our informative Reports and curated Hot Listings!" Welcome to "Greater Toronto Real Estate Daily: Latest Market Insights!" Our daily newsletter is your go-to source for the most up-to-date market insights in the Greater Toronto real estate scene. We understand that staying informed is crucial, and our newsletter delivers the latest trends, analysis, and expert opinions directly to your inbox. Whether you're a buyer, seller, investor, or industry professional, our curated content covers a wide range of topics, including market statistics, pricing trends, investment opportunities, and neighborhood highlights. Stay ahead of the game and make informed decisions with our comprehensive market insights. Subscribe now to "Greater Toronto Real Estate Daily: Latest Market Insights" and gain a competitive edge in the dynamic Greater Toronto real estate market. What are the advantages of Buying a Home with a Low or Zero Down Payment? Buying a home with a low or zero down payment can offer several advantages. Here are some potential benefits: Increased Affordability: For many buyers, saving for a large down payment can be a significant barrier to homeownership. By opting for a low or zero down payment program, you can enter the housing market sooner and achieve homeownership with less upfront cash. This can make owning a home more affordable and accessible, especially for first-time buyers or those with limited savings. Preserving Cash for Other Expenses: Saving for a down payment often requires a significant amount of money, which can deplete your cash reserves. With a low or zero down payment, you can preserve your savings for other important expenses, such as moving costs, home improvements, or unexpected emergencies. This financial flexibility can provide peace of mind and help you manage your budget more effectively. Investment Opportunities: Homeownership has the potential for long-term wealth accumulation and appreciation. By entering the housing market sooner with a low or zero down payment, you can start building equity and benefit from potential property value appreciation over time. This can provide a solid foundation for future investment opportunities or financial stability. Earlier Entry into the Market: The real estate market can experience price appreciation over time. By purchasing a home with a low or zero down payment, you can take advantage of potential market appreciation and start building equity sooner. This can be beneficial in markets where property values are expected to rise. Building Credit and Financial History: A mortgage is considered a significant financial responsibility, and successfully managing your mortgage payments can help establish a positive credit history. By purchasing a home with a low or zero down payment, you can begin building your credit and demonstrating responsible financial behavior, which can have long-term benefits for future borrowing and financial opportunities. It's important to note that low or zero down payment options may have certain considerations and potential drawbacks. These can include higher monthly mortgage payments, additional costs such as mortgage insurance, or stricter qualification requirements. It's crucial to carefully evaluate the terms, risks, and long-term affordability of low or zero down payment programs. Working with a knowledgeable mortgage professional and exploring various financing options is essential to understand the specific advantages and considerations associated with low or zero down payment home buying. They can help you determine the most suitable option based on your financial situation, goals, and eligibility criteria. Toronto landlord launches lawsuit after city gave stranger approval to rent her condo on Airbnb | CBC News A Toronto landlord is suing her former tenant, the tenant’s boyfriend, the City of Toronto and Airbnb after her downtown condo was rented out on the short-term rental platform for months without her knowledge or consent. cbc.ca READ MORE ... Bank of Canada benchmark rate expected to reach a 22-year high of 5% this week - Mortgage Rates & Mortgage Broker News in Canada The Bank of Canada is widely expected to deliver a second consecutive quarter-point rate hike this Wednesday, which would bring its benchmark lending rate to a 22-year high of 5%. canadianmortgagetrends.com READ MORE ... June sees below average home sales in Kawartha Lakes Year-to-date home sales down more than 20 per cent compared to the first six months in 2022 thepeterboroughexaminer.com READ MORE ... 5 of the least expensive homes sold in June in Mississauga | insauga Here are five of the least expensive homes sold in Mississauga in June. insauga.com READ MORE ... Brookfield Stock: Are the Real Estate Defaults Bad News for Investors? Brookfield has defaulted on its real estate loans. Is this a red flag? The post Brookfield Stock: Are the Real Estate Defaults Bad News for Investors? appeared first on The Motley Fool Canada. msn.com READ MORE ... BC mortgage broker who shared log-in and password fined $30K He would do the wheeling and dealing, and then pass the info to another colleague to submit application, but with his log-in. infotel.ca READ MORE ... Hamilton, Burlington housing prices surge in June: report A new report from the Realtors Association of Hamilton and Burlington says that housing prices in the area hit a yearly high in June. chch.com READ MORE ... Housing market sees 40% spike in new listings in Brampton | inBrampton The number of houses for sale in Brampton saw a significant jump last month despite many communities in the GTA still struggling to keep up with demand. insauga.com READ MORE ... Toronto's sketchiest condo tower caught on fire and people say it's cursed Ice Condos easily has the sketchiest reputation of any modern condo complex in Toronto, and its history of 9-1-1 calls grew on Friday morning when ... blogto.com READ MORE ... Canadian Real Estate Supply Rises, Prices To Moderate: RBC - Better Dwelling Canadian real estate market activity is cooling, warned the country’s largest bank. RBC observed supply in virtually every major market rose in June. At the same time, they note that sales are growing at a much slower rate than in previous months. If the current market conditions hold, they expect price appreciation to grind lower.  […] betterdwelling.com READ MORE ... 6 Ways to Help Manage Your Debt During a Financial Crisis Feeling stressed about debt? Here are 6 strategies to help you pay down what you owe. discover.rbcroyalbank.com READ MORE ... Debt, savings worries up as higher interest rates and costs take a toll: surveys - BNN Bloomberg More than half of Canadians say they are $200 away or less from not being able to pay all of their bills at the end of the month, a report by insolvency firm MNP Ltd. said, as higher interest rates and a rising cost of living have stretched budgets. bnnbloomberg.ca READ MORE ... Saving Strategies for Your Dream Home – Energeticcity.ca Purchasing a home is an exciting milestone, but it requires careful financial planning. Here are some saving strategies for your dream home. energeticcity.ca READ MORE ... Urbs vs. Burbs: "I live where I want, and I have peace of mind knowing I won't default on a mortgage" Rent-for-lifer Deanne Marsh on why downtown living beats being tied down by home ownership torontolife.com READ MORE ... Moving from a condo to a home is easier in Kamloops than the Okanagan In Vancouver it would take 16 years for a condo owner to save enough to afford a house. In Kamloops it's less than three years, according to this report. infotel.ca READ MORE ... 'A sharp rebalancing of demand-supply conditions:' RBC says GTA housing market lost steam in June There was a “sharp rebalancing of demand-supply conditions” in Toronto’s real estate market last month as the Bank of Canada’s recent decision to resume its rate hiking cycle pushed some buyers to the sidelines, a new report from RBC suggests. cp24.com READ MORE ... Home Prices in Urban Canada Won’t Fall. Where to Buy Right Now? DBRS Morningstar thinks that demand will stay strong, while supply will stay weak - so prices won't fall, especially in Toronto and Vancouver. morningstar.ca READ MORE ... Canadian Mortgages Get New Guidelines After Mass Risks Materialize  - Better Dwelling Canadian real estate markets top global bubble lists, but speculators still pile in. Global observers struggle to understand why, but they only need to look at the latest guideline from the Financial Consumer Agency of Canada (FCAC). The government watchdog for consumers recently released the Guideline on Existing Consumer Mortgage Loans in Exceptional Circumstances (Guideline), […] betterdwelling.com READ MORE ... How to create a monthly budget: A step-by-step guide for Canadians - MoneySense Here’s how to create a monthly budget that actually works, plus strategies for sticking to it. moneysense.ca READ MORE ... Has Toronto's housing rebound already peaked? June figures, rate hikes are cause for concern Latest news coverage, email, free stock quotes, live scores and video are just the beginning. Discover more every day at Yahoo! ca.yahoo.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