Real Estate Bits

Second Best February Ever

March 6, 2007- TREB Members reported 6772 sales in February, an increase over February 2006 (6756 sales) and the second best total for this month ever recorded, TREB President Dorothy Mason announced today. "While the weather last month may have been cold, Toronto's resale housing market remained hot," noted Ms. Mason. "And while it is too early to make predictions, it is clear from the start of 2007 that the spring season is likely to produce sales numbers at least comparable to those of the past several years, which have been record or near-record performances."

Meanwhile, average prices climbed four per cent over the previous month to $368,687 as sales activity accelerated. They were also up four per cent from the February 2006 figure of $353,928.

A Breakdown Of The Market Is As Follows:
TREB's - 28 West Districts had:	2522 sales	With an average of - $342,060
TREB's - 14 Central Districts had:	1224 sales	With an average of - $504,381
TREB's - 23 North Districts had:	1395 sales	With an average of - $389,306
TREB's - 21 East Districts had:	1631 sales	With an average of - $290,392

Average Days On Market in February Was 35

If you’re looking for fine, individually hand crafted and/or custom
furniture for your home – this site is well worth a visit.

Mortgages

Rates As Of March 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

6 Month Open	8.25%
6 Month Convert	5.40%
1 Year Open	8.50%
1 Year Closed	5.45%
2 Year Closed	5.50%
3 Year Closed	5.35%
3 Year Ultimate Rate	Prime minus .50% - Cap Rate is 6.50%
4 Year Closed	5.30%
5 Year Closed	5.00%
5 Year Flex Value	Prime - .85%
7 Year Closed	5.20%

Please Note: 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.

Dear Abby,

My husband is a liar and a cheat. He has cheated on me from the beginning, and whenever I confront him, he denies everything. What's worse, everyone knows that he cheats on me. It is so humiliating. Also, since he lost his job six years ago, he hasn't even looked for a new one. All he does all day is smoke cigars, cruise around and have coffee with his buddies, while I have to work to pay the bills. Since our daughter left home to start her own life he doesn't even pretend to like me. What should I do?

Signed,
Clueless

Dear Clueless:

Good grief woman - grow up and dump him. You don't need him anymore. You're a Senator from New York and a candidate for President of the United States.

HOME

"Real Estate Bits"