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"Real
Estate Bits"
April 2007
Market Update
Prices Rise in March
April 4, 2007 - Prices increased moderately in March, with the average up three per cent over 2006 to $365,285. "Prices are rising above the rate of inflation (currently about two per cent), but not so rapidly that first-time buyers will be pushed out of the market," said TREB President Dorothy Mason.
During last month TREB Members reported 8,518 sales of single-family dwellings across the GTA. "While down modestly (two per cent) over last year's total of 8,707, any result over 8,000 must be considered a strong performance," noted the President, "We expect a similarly robust showing from the remainder of the spring market."
A Breakdown Of The Market Is As Follows:
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TREB's - 28 West Districts had: |
3233 sales |
With an average of - $343,475 |
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TREB's - 14 Central Districts had: |
1521 sales |
With an average of - $471,804 |
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TREB's - 23 North Districts had: |
1706 sales |
With an average of - $400,392
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TREB's - 21 East Districts had: |
2058 sales |
With an average of - $291,721 |
Average Days On Market in March Was 31
Web-Site Of Interest
www.blancocanada.com
Looking for a great kitchen sink? The latest in kitchen technology?
Check out Blanco Canada above.
Mortgages
Rates As Of April 16,
2007
Nino will guarantee these
rates for 120 days for any"confirmed" client of Rosemary Wright if
you bring this newsletter with you!
These "Preferred Rates" are available for new
mortgages for any of my clients who bank with Nino Pasquariello,
Senior Bank Manager of Scotiabank & Trust. Nino's office is located
at 2200 Yonge Street (at Eglinton) in Toronto.
(Bus): 416-932-3885
#7000 (Fax): 416-932-3167
E-Mail:
nino.pasquariello@scotiabank.com
Scotiabank Web-Site:
www.scotiabank.com
Find The Best Way To Use "Your" Money
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6 Month Open |
8.25%
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6 Month Convert |
5.40% |
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1 Year Open |
8.50% |
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1 Year Closed |
5.45% |
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2 Year Closed |
5.50% |
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3 Year Closed |
5.35% |
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3 Year Ultimate Rate |
Prime minus .50% - Cap Rate is 6.50%
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4 Year Closed |
5.30% |
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5 Year Closed |
4.95% |
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5 Year Flex Value |
Prime - .85% |
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7 Year Closed |
5.20%
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We
are unable to guarantee the rate on the Prime Based Variable
Rate products. Rates will be based on Prime at the time of
the mortgage closing. We are able to guarantee the Cap Rate
on the 3 Year Ultimate Rate Mortgage for 120 days from the
date of your application. Please call Scotiabank for more
details on our 5 Year “Flex Value” products.
Business Of The Month
Design
Consultant - Corene Chevrier, B.A.A. (I.D.)
(416)
906-2202
corenec@rogers.com
Staging and
Redesign of existing and new homes!
Sell your home
faster and for more money.
Home Inspection Companies
Just for Fun...
Really, Really Bad Jokes
I can't believe I’ve been doing it wrong all these years.
See below for proper instructions.
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How to weigh yourself
We must get the
word out...
Women everywhere
need to know this!
One day my housework-challenged husband decided to wash his sweatshirt. Seconds after he stepped into the laundry room, he shouted out to me, "What setting should I use on the washing machine?” "It depends," I replied. "What does it say on your shirt?"
He stepped out of the laundry room and yelled back, "The University of Toronto”. And they say blondes are dumb …
Tom and Martha were chatting in the living room after dinner. Tom said, "I’m going to make you the happiest woman in the world." Martha replied, "I'll miss you”.
During the first three months of 2007, TREB Members recorded 215 sales in The Beaches area (E-2) for an average price of $461,311, up one per cent over the 2006 three-month total of $454,495. Detached homes sold for $565,060, and semis averaged $419,234. Riverdale (E-1) saw 216 sales during the same time-frame; detached homes averaged $436,091, up 12 per cent from the 2006 figure of $390,388.
Business Referrals
Client & Networking referrals are the foundation of a
successful real estate agent's career. Over many years in
this industry I have enjoyed the confidence and repeat
business of my clients. I appreciate your on-going support
and want you to know that I will always look after friends
and colleagues you refer to me with professionalism, care
and respect.
Rosemary Wright
Sales Representative
Sutton Group-Bayview Realty Inc., Brokerage
Independently Owned & Operated
(Bus): (416) 483-8000
(Fax): (416) 463-0159
WebSite:
www.rosemarywright.com
E-Mail:
mail@rosemarywright.com
Direct
Page: (416) 582-1216
"Professional Service With A Personal Touch"
This newsletter is never sent unsolicited. If you wish to
be removed, please reply to this
E-Mail with the words "Remove from Newsletter" in the
subject line or call me at
(416) 483-8000 to request removal.
The intent of the newsletters - "Real Estate Bits" &
"Real Estate Bits - 2" is to provide information to you
regarding real estate. Personal details such as your
name, contact information and address are never revealed
to anyone without your consent. In accordance with the
new
Privacy Act,
your consent must be given
(either implicitly or explicitly) to receive these
newsletters.If you do not want to receive my newsletters
- please notify me. My newsletters are not
intended to solicit Buyers or Sellers who are currently
under contract with any Broker.
The information and opinions contained, statistics and
articles are courtesy of TREB, CMHC or other individuals
or companies and are believed to be reliable, but their
accuracy is not guaranteed. Sutton Group-Bayview Realty
Inc., Brokerage and Rosemary Wright accept no
responsibility whatsoever for any loss arising from any
use or reliance on the accuracy and timeliness of the
information contained herein. Every endeavour is made to
ensure accuracy. These newsletters do not render
financial, legal, accounting, home inspection or
professional advice. They are for general educational
purposes only. They do not offer do-it-yourself advice.
We encourage you to always contact the appropriate
professionals or specialists to address your individual
needs.
E&OE |
