January 2005

"With 83,501 single-family dwellings changing hands, 2004 was the best year for sales ever recorded", TREB President Ron Abraham announced today. "The year end total was up 6% from the previous record of 78,898. In addition, 2004 prices were up 7% over 2003 to $315,231 - the highest level ever recorded. The median came in at $270,000 up 6% over last year".

December alone saw 4232 sales, the second best December on the books with an increase of 1% over the same month last year. Mr. Abraham said that, "The fact that we reported over 4000 transactions in what is usually the slowest month of the year is a good sign going forward. 2005 should get off to a healthy start".

Average Days-On-Market in December was 43.

A Break Down Of The Total Sales Is As Follows:
TREB's 28 West Districts had:	1601 sales	With an average of - $285,749
TREB's 14 Central Districts had:	782 sales	With an average of - $417,999
TREB's 23 North Districts had:	800 sales	With an average of - $365,112
TREB's 21 East Districts had:	1049 sales	With an average of - $247,715

Web-Site Of Interest:
www.mouserugs.com
An amazing selection of colourful, computer mouse pads designed to look like a Persian rug - fringe and all. Great fun!

Rates As Of January 7, 2005

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	3.65%
2 Year Closed	4.00%
3 Year Closed	4.25%
3 Year Ultimate Rate	3.75% (Prime with 1.50% cash back) or (3.75% Prime less .50%).
4 Year Closed	4.35%
5 Year Closed	4.55%
7 Year Closed	5.45%

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

1) National Home Inspection     (416) 467-7809     nationalhomeinspection@sympatico.ca
2) Carson & Dunlop     (416) 964-9415     inspection@carsondunlop.com
3) Baker Street Home Inspection      (416) 483-3535     info@bakerstreet-hi.ca
4) Aetna Pest Control (Termites)      (416) 469-4111     info@aetnapest.ca

- Cheryl Fraser -

"Zilberschmuck"

Handcrafted Jewellery, Custom Designed Jewellery & Visual Art by 40 Canadian Artists.

1852 Queen Street East, Toronto M4L 1H1 (416) 693-7109

WebSite: www.zilberschumuck.com E-Mail: zilberschmuck@rogers.com

A college student at a recent football game challenged a senior citizen sitting next to him, saying it was impossible for his generation to understand the youth of today. "You grew up in a different world", the student said - loud enough for the spectators sitting around them to hear. "Today we have television, jet planes, space travel,man has walked on the Moon, our spaceships have visited Mars, we have nuclear energy, electric and hydrogen cars, computers with high speed processing capabilites ... and uh". Taking advantage of the pause in the student's litany, the geezer replied, "You're right, we didn't have those things when I was young - so my generation invented them you little twit. So, what is the youth of today doing for the next generation?"

In 2004 The City Of Toronto (E01 to E11, W01 to W10 and C01 to C15) saw 33,963 single-family dwelling sales - up 4% over the 32,528 reported in 2003. The average price for these sales was $326,514, a 3% increase over last year.

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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