December 2004

"Last month was a record November, and with 79,382 sales for the year-to-date, 2004 is already the best year the Toronto resale home market has ever experienced", TREB President Ron Abraham has announced. "The Toronto MLS system recorded 6301 single-family dwelling sales in November. This is an 8% increase over November 2003 (5847 sales) which was the previous high-water mark for the month. With December still to come, we expect to break 80,000 total sales by the end of 2004 - a first in Board history".

Prices eased to $318,837 in November, a decline of 2% from the previous month. This was about the same as the decline between October and November 2003 - where prices fell 1% to $310,612 from $304,844. In addition, total inventory came in at 20,273 active listings - up 14% over November 2003. However, this indicates that we are entering a period of relative quiet around the Christmas holidays. But we still expect another 4000 to 5000 sales before the end of the year"

Average Days-On-Market in November was 38.

A Break Down Of The Total Sales Is As Follows:
TREB's 28 West Districts had:	2401 sales	With an average of - $296,689
TREB's 14 Central Districts had:	1201 sales	With an average of - $413,445
TREB's 23 North Districts had:	1221 sales	With an average of - $347,481
TREB's 21 East Districts had:	1478 sales	With an average of - $254,278

Web-Site Of Interest: www.enterprisetoronto.com
An interesting site designed to assist entrepreneurs and small business owners.

Rates As Of December 10, 2004

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): 416-932-3034 (Fax): 416-932-3167

E-Mail: nino.pasquariello@scotiabank.com

Scotiabank Web-Site: www.scotiabank.com

6 Month Open	6.45%
6 Month Converted	4.25%
1 Year Open	6.60%
1 Year Closed	3.75%
2 Year Closed	4.10%
3 Year Closed	4.35%
3 Year Ultimate Rate	4.25% (Prime with 1.50% cash back) or (3.75% Prime less .50%).
4 Year Closed	4.45%
5 Year Closed	4.65%
7 Year Closed	5.55%

"Season's Greetings from the staff at Scotiabank - Yonge and Eglinton. We wish you and your families a safe and happy holiday season".

If you think that a toilet is clogged - never flush it as it may well overflow. The first thing to do is to bail out or add water so that the toilet bowl is about half full. The you can try using an auger (snake) to break up a deep set clog by simultaneously turning the handle and pushing the auger. For a clog in the toilet trap use a standard bathroom plunger. If you think the toilet is about to overflow - quickly open the top of the tank, reach in and depress the tank stopper into the valve set and keep it depressed while you have the main water supply turned off. Remember that it may be time to call a plumber if your talents in life lie elsewhere.

E-mail: nationalhomeinspection@sympatico.ca

Mary Louise Colquhoun

"Weezie's Creations"

Exquisite Custom Designed Jewelry.

(416) 480-9533 - By Appointment Only

E-Mail: basie@rogers.com

P.S. - I have some of Mary Louise's pieces and they are fabulous!!!

Two billy goats escaped from a farmer's field and ended up nosing around the back lot of a huge Hollywood movie studio. One of the goats knocked over a garbage can and a big spool of film fell to the ground and started to unroll. The second goat chased after it and came back with the loose end in his mouth. Because goats will eat anything the two escapees started munching on the film and soon the entire reel had been consumed. Joey, the first goat said,"Well what did you think of that"? Bozo the second goat replied, "Hummm - it wasn't too bad but I think I preferred the book".

The Orangeville area (W-29) has seen 665 sales this year for an average of $224,307. The sales have increased 7% over the same eleven month period in 2003 and the prices are up 10% over the $204,387 recorded at that time. Most (434) sales in Orangeville have been of detached homes, and these have averaged $253,405. There have also been 100 semi-detached properties sold for an average of $177,717.

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 & repeat business of my clients. I appreciate your on-going support and want you to know that I will always look after friends & colleagues you refer to me with professionalism, care and respect.

Rosemary Wright

Sales Representative - Sutton Group-Bayview Realty Inc.

Bus: (416) 483-8000

Fax: (416) 463-0159

Web-Site: www.rosemarywright.com

E-Mail: mail@rosemarywright.com

Direct Page: (416) 582-1216

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. 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.

Sutton Group-Bayview Realty Inc., Brokerage
Independently Owned And Operated
(Bus): (416) 483-8000
(Fax): (416) 463-0159
1820 Bayview Avenue
Toronto, ON, Canada

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