June 2005

~ 9209 Sales Make For Best May Ever ~

The Toronto resale home market accelerated to a record pace in May, with 9209 homes changing hands, the best ever total for May, and the second best monthly total ever recorded in the history of the Toronto Real Estate Board. TREB President Ron Abraham announced that, "Sales increased 4% over April's 8834 total, and were up marginally over the 9193 figure reported in May of 2004. This figure is also down a bare 1% from the all-time record of 9275 sales in June of 2004".

Average prices rose another 1% in May, going to $346,474 from April's $342,032. They were also up 6% from the $325,501 recorded during May of 2004. Meanwhile, at $292,950, the median increased 2% over April and 6% over May of 2004.

Average Days-On-Market in May was 31.

Web-Site Of Interest:
www.iciparis.ca
Toronto's "holistic spa" right on the Danforth at the Chester subway stop!

Mortgage Rates - Nino Pasquariello - Scotiabank

Rates As Of June 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): 416-932-3885 #7000 (Fax): 416-932-3167

E-Mail: nino.pasquariello@scotiabank.com

Scotiabank Web-Site: www.scotiabank.com

Stacy McLennan Interiors

Colour trends in interior design are always changing and evolving. So how is a person to keep up? What's hot one season may be out the next!

As a general rule, I recommend a neutral paint colour on the walls. This will allow you to add a splash of colour with accent pieces like pillows, artwork, vases, bowls or throw blankets. You can change things easily without having to re-do your entire colour palette and your space will always look great. For summer's hottest colours - look for accessories in hot pink, brilliant orange, acid green and sky blue. Have fun!

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

E-Mail: smi@rogers.com

Home Inspection Companies:

Business Woman Of The Month:

"Kildonan House Bed and Breakfast"

Hosts - Gene & Maureen Logel

71 Kirk Street (Box 458) Clinton, Ontario

Bus: (519) 482-1163

E-Mail: logel@kildonanhouse.com

WebSite: www.kildonanhouse.com

Timeless elegance is evident in this heritage Italianate-style home (circa 1867). Original fireplaces, moulding, cornices, French doors and antique chandeliers accent the rooms of this beautiful home. Guests can relax in the grand ballroom, on the verandah, in the gardens or by the pool. Convenient to Blyth, Bayfield, Goderich and Stratford. Double, queen or king rooms. Come for the week-end!

Two elderly women were out driving in a large car. T hey could hardly see over the dashboard. As they were cruising along they came to an intersection. T he stop light was red but they just went right through. Doreen who was sitting in the passenger seat thought to herself, "I'm sure we just went through a red light", but she settled back to enjoy the ride, thinking she must have been wrong. A few minutes later they came to another intersection and cruised right through the red light. Doreen got a little nervous and decided to pay really close attention at the next intersection. Sure enough they zipped right through the next red light. Doreen had had enough. She turned to Mildred and said, "You just drove straight through three red lights - are you trying to kill us". Mildred replied, "Oh for heaven's sake - I didn't realize I was driving"

Neighbourhood Corner - Cabbagetown

Brampton (W23 & W24) remains one of the most active submarkets in the GTA this year, with a total of 3292 sales to date, down 4% from the 3409 recorded during the first 5 months of 2004. Most of these sales were of detached (1818) and semi-detached (702) homes. Average prices for detached homes rose to $319,371 - an 8% increase over the $295,987 reported from January to May of 2004. Semi-detached homes averaged $252,421 a 5% increase over the same time frame 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 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