|
"Real
Estate Bits"
January 2007
Market Update
2006 Ends On A High Note
January 4, 2007 - TREB Members
reported 4447 sales in December, up four per cent over the 4255
recorded last December, and the second best total ever recorded
for the month, TREB President Dorothy Mason announced today.
"December's performance is indicative of the whole year, which
saw total transactions break the 83,000 level (83,084) for only
the third time since records have been kept," noted the
President.
Year-over-year, the average price in 2006 rose five per cent
over the $335,907 recorded in 2005 to $351,941. "This means that
prices continue to outpace inflation, making home-ownership a
sound investment in today's economy and invariably in the long
term."
A Breakdown Of The Market Is As Follows:
|
|
TREB's - 28 West Districts had: |
1643 sales |
With an average of - $318,364 |
|
TREB's - 14 Central Districts had: |
779 sales |
With an average of - $408,599 |
|
TREB's - 23 North Districts had: |
941 sales |
With an average of - $382,065
|
|
TREB's - 21 East Districts had: |
1084 sales |
With an average of - $271,463 |
Average Days On Market Was 42
Web-Site Of Interest
www.gapadventures.com
If you’re ready for a travel adventure – this will be a great
site to check out.
Mortgages
Rates As Of January 15,
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
|
6 Month Open |
8.15%
|
|
6 Month Convert. |
5.30% |
|
1 Year Open |
8.40% |
|
1 Year Closed |
5.35% |
|
2 Year Closed |
5.40% |
|
3 Year Closed |
5.15% |
|
3 Year Ultimate Rate |
5.50% (Prime minus .50%) or (Prime with 1.50%
Cash Back) - Cap Rate is 6.55%
|
|
4 Year Closed |
5.15% |
|
5 Year Closed |
4.95% |
|
5 Year Flex Value |
Prime - 0.85% |
|
7 Year Closed |
5.25%
|
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 their 5 Year “Flex Value” products.
Business Of The Month
1124 Queen Street East – Toronto M4M 1K8
(647) 436-0661 – Timothy Loughmiller
www.uppity.ca
timothy@uppity.ca
Home Inspection Companies
Just for Fun...
~ Really, Really Bad Jokes ~
Brad: So Tommy boy - I’ll tell you something
about happiness my bachelor friend and what it means. Do you have
any idea what it means to come home to an adoring wife who hangs off
every word I say and thinks I’m the smartest guy in the world, two
well-mannered and loving children who are thrilled at the sight of
me, a well trained dog, an organized home with a fully-stocked
fridge and my golf clubs ready at the garage door for tomorrow’s
game.
Tommy: I sure do – I’ve met
your family and it means you’re in the wrong house!
With 34,404 sales recorded in 2006, the City of Toronto (E01 to E11, W01 to W10, and C01 to C-15) saw its most active resale market, up one per cent over the 33,963 recorded in 2005, the previous best-ever performance. Meanwhile, the average price rose five per cent to $378,775..
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 |
