HOME

October 2006

Updated 2nd week of every month

Wednesday, October 4, 2006 - In September, TREB's average price climbed to $349,142, a three per cent increase over August, and also up three per cent over the $338,267 recorded in September of 2005. "Year-over-year prices currently show a five per cent increase over last year," TREB President Dorothy Mason added. "Home ownership as an investment continues to provide returns well above the rate of inflation."

As prices rose, sales continued at a more normalized pace, with 6622 transactions of single-family dwellings sold through the Toronto MLS system. "While down from the 7326 sales recorded in September of 2005, last month was still the 3rd best September performance ever recorded," said Mrs. Mason.

"Toronto's autumn market remains solid and strong, and by year-end our final sales numbers will exceed 80,000 transactions.

A Break Down Of The Total Sales Is As Follows:
TREB's - 28 West Districts had:	2552 sales	With an average of - $331,006
TREB's - 14 Central Districts had:	1166 sales	With an average of - $443,881
TREB's - 23 North Districts had:	1312 sales	With an average of - $386,360
TREB's - 21 East Districts had:	1592 sales	With an average of - $278,154

Average Days-On-Market in September was 35.

Web-Site Of Interest:

www.claudiahehr.com

A beautiful site for anyone who truly loves animals and
wants to understand them.

Rates As Of October 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	5.40%
2 Year Closed	5.45%
3 Year Closed	5.20%
3 Year Ultimate Rate	5.50% (Prime 6.00% minus .50%) or (Prime 6.00% with 1.50% Cash Back). - Cap Rate 6.50%
4 Year Closed	5.15%
5 Year Closed	5.10%
5 Year Flex Value	Prime 6.00% - 0.75% = (Currently - 5.25%).
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.

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

What fun for a trade show, convention, house party or other social gathering. A great ice-breaker with groups of people don’t know one another. Instant art as a memorable souvenir for guests.

(416) 929-6678 or Cell - (416) 655-4007

www.markciale.com

E-Mail: markciale@rogers.com

You are driving in a car at a constant rate of speed. On your right side is a valley. On your left side is a fire engine traveling at the same speed as you. In front of you is a galloping pig which is the same size as your car and you cannot overtake it, try as you might. Behind you is a helicopter flying at ground level. Both the giant pig and the helicopter are also traveling at the same speed as you. What must you do to safely get out of this highly dangerous situation?
   ·
   ·
   ·
   ·
   ·
Scroll Down …
   ·
   ·
   ·
   ·
   ·
   ·
   ·
   ·
   ·
   ·
   ·
   ·
   ·
It’s quite simple - Get off the merry-go-round! >

To the end of September of this year, East York (E03) has seen 1072 sales, down five per cent from the 1131 recorded during the first nine months of 2005. Of this total, 529 were detached homes which sold for an average of $363,458, up five per cent over the $345,117 recorded during the same time period last year. There were also 268 semi-detached houses sold, for an average of $351,746. This is a seven per cent increase over the $329,546 sold between January and September in 2005.

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