Real Estate Bits

TORONTO - Tuesday, December 6, 2005 - It was all good news as TREB Members reported 6646 transactions in November, TREB President John Meehan announced today. "The 6646 figure is a new record for the month, up five per cent over the previous record of 6301 sales, recorded during November of 2004," Mr. Meehan said. "In addition, year-to-date sales have now reached 79,995 - up almost one per cent over 2004. All signs point to another record year with well over 80,000 sales.

" The holiday cheer extended to pricing as well, with Toronto's average down marginally (under one per cent) to $341,177 from October, and the median remaining unchanged at $291,000. "Home owners should see about a seven per cent increase in the value of their home over 2004, which is well above the rate of inflation," noted the President. " On the other hand, these increases are moderate enough that affordability will not be jeopardized for either move up or first time buyers."

Average Days-On-Market in November was 36.

"Marmoleum" is a natural flooring product made from linseed oil - wood flour - rosin - jute & limestone. It comes in an incredible selection of designs. It's worth a visit to their site.

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.

6 Month Open	7.40%
6 Month Convert.	4.50%
1 Year Open	7.65%
1 Year Closed	4.45%
2 Year Closed	4.45%
3 Year Closed	4.40%
3 Year Ultimate Rate	4.25% (Prime 4.75% minus .50%) or (Prime 4.75% with 1.50% Cash Back). - Cap Rate 5.70%
4 Year Closed	4.60%
5 Year Closed	4.65%
5 Year Flex Value	Prime 4.75% - 0.75% = (Currently - 4.00%).
7 Year Closed	5.35%

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.

The Christmas season is upon us once again, and you know what that means.....time to decorate for the holidays!
Here are some simple ways to add a touch of holiday cheer to your home:

Holiday Hours - Monday - Saturday: 9:30 am - 9:30 p.m. & Sunday 10:00 a.m. to 7:00 p.m

Danier Leather - Fairview Mall employs experienced, custom focused sales staff.

In addition to a wide selection of leather and suede garments and other great gift-giving ideas, Danier Leather also offers an on-site tailor, wardrobe consultations and professional, courteous customer service.

Wife: "I've got bad news Dear. The children are coming home early from visiting my parents".

Husband: "But we sent them to their Grandparents to avoid danger from the impending hurricane".

Wife: "I know Dear, but I just got a telegram from Dad that says - Returning the kids - send the hurricanne".

So far in 2005, the Orangeville area has seen 632 sales for an average of $248,103. While sales are down five per cent from last year, overall prices have increased 11 per cent over the same period in 2004. Most sales in the area have been detached homes (424), which averaged $282,202. Semis also made up a good part of Orangeville sales (89), and these averaged $189,946.

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.

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December 2005