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November 2006

Updated 2nd week of every month

November 3, 2006 The Toronto Residential market put in another solid performance in October, with 6876 homes changing hands through the TMLS system, TREB President Dorothy Mason announced today. "This is up about four per cent over September's 6622 figure. And, though it has moderated slightly from October of 2005, we are still looking at an annual total of well over 80,000 homes transacted. This is a very healthy, active market."

Prices continued their upward trend in October, rising two per cent over September to $356,423. They were also up four per cent over the $342,450 recorded in October of 2005.

A Break Down Of The Total Sales Is As Follows:
TREB's - 28 West Districts had:	2520 sales	With an average of - $330,585
TREB's - 14 Central Districts had:	1317 sales	With an average of - $473,336
TREB's - 23 North Districts had:	1383 sales	With an average of - $379,680
TREB's - 21 East Districts had:	1658 sales	With an average of - $283,339

Average Days-On-Market in October was 36.

Web-Site Of Interest:

www.blimppics.com

If you ever have a need for aerial photography you can visit this site!

Rates As Of November 12, 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	8.15%
6 Month Convert.	5.30%
1 Year Open	8.40%
1 Year Closed	5.45%
2 Year Closed	5.50%
3 Year Closed	5.25%
3 Year Ultimate Rate	5.50% (Prime 6.00% minus .50%) or (Prime with 1.50% Cash Back) - Cap Rate 6.55%
4 Year Closed	5.20%
5 Year Closed	5.10%
5 Year Flex Value	Flex Value Prime - 0.85%
7 Year Closed	5.35%

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 their 5 Year “Flex Value” products.

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

We customize every single project, making your room a true piece of art!

(416) 509-9030

E-Mail: mgossack@sympatico.ca

A man is getting into the shower just as his wife is finishing up her shower when the doorbell rings. The wife quickly wraps herself in a towel and runs downstairs. When she opens the door, there stands Bob, the next door neighbor.

Before she says a word, Bob says, "I'll give you $800 to drop that towel." After thinking for a moment, the woman drops her towel and stands naked in front of Bob. After a few seconds, Bob hands her $800 dollars and leaves.

The woman wraps back up in the towel and goes back upstairs. When she gets to the bathroom, her husband asks, "Who was that?" "It was Bob the next door neighbor," she replies.

Great!" the husband says, "Did he say anything about the $800 he owes me?"

The dominant house-types within Agincourt (parts of E05 and E07) are detached and semi-detached homes. Detached homes currently average $372,049 - a three per cent increase over 2005. With semi-detached homes the 2006 average is $295,800 - up six per cent over the first ten months of 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

"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

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