HOME

May 2006

Updated 2nd week of every month

Wednesday, May 3, 2006 -- Toronto Real Estate Board Members reported a solid 8361 sales in April, TREB President John Meehan reported today. "April's result was the third best performance ever recorded for the month, and year-to-date sales, at 28,020, are up five per cent over January-to-April of 2005." Meanwhile, prices trended upward in April, with the average rising four per cent over March to $366,683. It was also up seven per cent over the $342,032 recorded in April of 2005.

"A price jump like this is good news for home-owners. However, potential purchasers can take comfort from the fact that, with listings up four per cent over last April 25,245 further increases should be quite limited for the remainder of the year."

A Break Down Of The Total Sales Is As Follows:
TREB's - 28 West Districts had:	3189 sales	With an average of - $340,900
TREB's - 14 Central Districts had:	1442 sales	With an average of - $499,194
TREB's - 23 North Districts had:	1701 sales	With an average of - $393,841
TREB's - 21 East Districts had:	2029 sales	With an average of - $290,262

Average Days-On-Market in April was 29 days.

Web-Site Of Interest:

www.downtownelectricfireplace.com

Everything you need to know about electric fireplaces, stoves and fireplace accessories!

Rates As Of May 15, 2006

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	7.85%
6 Month Convert.	5.10%
1 Year Open	8.05%
1 Year Closed	5.15%
2 Year Closed	5.15%
3 Year Closed	5.15%
3 Year Ultimate Rate	4.75% (Prime 5.50% minus .50%) or (Prime 5.50% with 1.50% Cash Back). - Cap Rate 6.20%
4 Year Closed	5.20%
5 Year Closed	5.25%
5 Year Flex Value	Prime 5.50% - 0.75% = (Currently - 4.75%).
7 Year Closed	5.40%

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.

1) National Home Inspection	(416) 467-7809	nationalhomeinspection@sympatico.ca
2) Carson & Dunlop	(416) 964-9415	inspection@carsondunlop.com
3) Baker Street Home Inspection	(416) 483-3535	info@bakerstreet-hi.ca
4) Aetna Pest Control (Termites)	(416) 469-4111	info@aetnapest.ca

"New World Landscaping"

Kent Nielsen

It's time to get out the garden gloves, the spade and the grass seed.

If you need some help - Call
Kent! Business: (416) 540-5753

Reporter: Is it true that politicians tend to be evasive when asked a direct question or a question that they'd rather not answer?

Politician: Not necessarily.

Reporter: Well suppose I asked you what your favourite colour is - what would you say?

Politician: Well for heaven's sake - that's an easy one. My favourite colour is plaid.

So far in 2006, TREB Members have recorded 821 sales in the Markham area (N11), up eight per cent over the 757 sales recorded in the first four months of 2005. Of these, 451 were of detached homes, which averaged $482,576, a five per cent increase over 2005. In addition, 126 sales were of Attached-Row Houses, which transacted for an average of $306,769.

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

"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. 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.

Sutton Group-Bayview Realty Inc., Brokerage
Independently Owned And Operated
(Bus): (416) 483-8000
(Fax): (416) 463-0159
1820 Bayview Avenue
Toronto, ON, Canada

Site Designed & Developed by:

Web Applications