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"Real
Estate Bits"
January 2008
Market Update
Healthy December Sales = TREB's Best Year Ever!
January 7, 2008 - A healthy 4646 sales in December propelled 2007 sales to a record setting 93,193 sales, TREB President Maureen O'Neill announced today. "Year-end sales are up 12% over last year and up 11% over the 84,145 recorded during 2005, the Toronto market's previous best-ever annual performance."
On a year-over-year basis, prices rose 7% cent to $376,236 from last year's $351,941. The annual time-on-market figure stood at 32 days versus 2006's figure of 34 days, meaning that over the course of the past two years it has taken homes within the GTA barely a month to sell on average.
A Breakdown Of The Market Is As Follows:
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TREB's - 28 West Districts had: |
1756 sales |
With an average of - $357,711 |
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TREB's - 14 Central Districts had: |
1057 sales |
With an average of - $531,366 |
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TREB's - 23 North Districts had: |
771 sales |
With an average of - $420,508
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TREB's - 21 East Districts had: |
1062 sales |
With an average of - $302,113 |
Average Days On Market in December was 35
Web-Site Of Interest
www.owlrafting.com
If “extreme-ish” sports are your idea of a good time – then a ride on the Ottawa River might be fun!
Mortgages
Rates As Of January 14,
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 |
8.90%
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6 Month Convert |
6.05% |
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1 Year Open |
9.45% |
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1 Year Closed |
6.40% |
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2 Year Closed |
6.55% |
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3 Year Closed |
6.40% |
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3 Year Ultimate Rate |
Prime minus .50% - Cap Rate is
7.55%
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4 Year Closed |
6.30% |
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5 Year Closed |
6.20% |
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5 Year Flex Value |
Prime minus .50% |
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7 Year Closed |
6.30%
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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
Kristina Birkhans
Artist & Teacher
Unique Stained Glass & Painting
(416) 693-9546
kristina.birkhans@sympatico.ca
· Custom portraits in oil or stained glass
· Custom home accessories (lamps – windows)
· Private, semi-private or group classes
 
Home Inspection Companies
Just for Fun...
Really, Really Bad Jokes
Never Better Than - Through The Eyes Of A Child
Dear God: Instead of letting people die and having to make new ones – why don’t you just keep the one you got now? … Jane
Dear God: I think the stapler is one of your greatest inventions. I like scissors too. … Ruthie
Dear God: Thank you for my baby brother but what I prayed for was a puppy. … Joyce
Dear God: Please put a holiday between Christmas and Easter. There’s nothing good in there right now. … Ginny
Dear God: If you watch in church on Sunday, I’ll show you my new sneakers. … Mickey.
Dear God: Out teacher told us that Mr. Edison made light but last week in Sunday school they said you did – so I bet he stoled your idea. … Donna
Dear God: Please send Dennis Clark to a different camp this summer. … Peter
Dear God: Maybe Cain and Abel wouldn’t fight so much if they both had their own rooms. It works with my brother. … Larry
The City of Toronto (E01 to E11 - W01 to W10 & C01 to C15) recorded 39,052 sales in 2007, up 13% over the 34,404 recorded in the previous year. Prices averaged $415,041, up 10% over 2006.
Business Referrals
Client & Networking referrals are the foundation of a
successful real estate sales representative'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"
T his 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 |
