July 2005

~ 9153 Sales Make For Second Best June Ever ~

In June TREB Members reported 9153 sales of single-family homes throughout the GTA, TREB President John Meehan announced this week. "This figure makes last month the second best June ever recorded, down only 1% from the record of 9275 sales reported in June of 2004. It is also only the 6th time in Board history that total monthly sales have exceeded 9000".

"Prices fell marginally in June - down a little less than 1% to $345,065 from May's $364,474. While the sales pace remains very strong", Mr. Meehan said, "Price increases have been relatively moderate. In fact the June figure represents only a 9% increase over the $316,510 recorded in June of 2004, which is in line with the single-digit annual increases we have seen over the course of the last several years".

Inventory at the end of June was 23,876 - up 7% over that of June 2004.

Average Days-On-Market in June was 32.

Web-Site Of Interest:
www.toronto.ca/parks
It's "summer" - time to slow down and cool off. For drop in swimming times and pool locations visit this website or call (416) 338-7665

Mortgage Rates - Nino Pasquariello - Scotiabank

Rates As Of July 11, 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): 416-932-3885 #7000 (Fax): 416-932-3167

E-Mail: nino.pasquariello@scotiabank.com

Scotiabank Web-Site: www.scotiabank.com

Stacy McLennan Interiors

Are you looking to add architectural detail to a room without undertaking major renovations? Mouldings are a great way to help define a style and add sophistication to a space.

Here Are Some Tips To Help You Get Started:

• Always begin with baseboard and casings around doors and windows, which look great when painted a contrasting color to the wall paint.
• Adding to this, crown mouldings can lend a formal elegance to a room and should typically be painted to match baseboards and casings.
• Chair rails can be a great addition to a space, and can accentuate a variety of styles. For example, they can create a feeling of elegance in a dining room, or result in a soft, contemporary look in a nursery. Chair rails are a smart way to break up a long stretch of wall without cluttering up a space, and can provide a transition point for a change in paint color.
• Apply panel moulding below the chair rail for a rich, panelled look. Take it one step further, and add panel moulding above the chair rail for a more symmetrical, stately effect.

I often have clients ask what to do about old wood panelling commonly found in basements. It can be quite a task to remove this, and you never know what you are going to find behind it. Unless you are planning to undertake a complete renovation, I recommend paint! Give the panelling a light sanding, prime it, and then paint! You would be amazed at how this instantly updates a space! Look for more tips and trends next time!

(Bus): (416) 769-0902 (Fax): (416) 769-0428

E-Mail: smi@rogers.com

Home Inspection Companies:

Business Of The Month:

"Bodega Restaurant & Catering"

Proprietor - Paul Biggs

30 Baldwin Street, Toronto (corner of Baldwin & Henry)

Bus: (416) 977-1287

E-Mail: paul@bodegarestaurant.com

WebSite: www.bodegarestaurant.com

"Upscale French Cuisine in the Cultural Heart of Toronto"

Okay I know this is naughty but I just couldn't resist. Be honest - someone you know may just come to mind.

Thought For The Day:

Some people are like Slinkies

Not really good for anything

But they still bring a smile to your face

When you push them down a flight of stairs!

Neighbourhood Corner - Etobicoke:

In Etobicoke (Districts W06 to W10) 2379 sales have been recorded in the first 6 months of 2005 - down 2% from the 2423 reported during the same time frame last year. However the average price rose to $357,070 a 7% increase over 2004. Of these sales 1269 were of detached homes which averaged $457,673 a 6% increase over the $430,145 recorded during the same time in 2004.

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.

Bus: (416) 483-8000

Fax: (416) 463-0159

Web-Site: www.rosemarywright.com

E-Mail: mail@rosemarywright.com

Direct Page: (416) 582-1216