February 2005



~ January Breaks 4000 Sales ~

"For only the 5th. time in TREB's history, Toronto sales broke the 4000 level in January", President Ron Abraham announced today. "With 4153 sales during the month, 2005 is off to a fast start. Although it is still very early in the year, the January sales figure is a sign of good things to come".

"Meanwhile, prices rose modestly in January, with the average climbing 2% to $323,141 over December's figure of $315,231. It was also up 9% over January 2004. Although the year is just starting, these price figures do provide a clue as to how 2005 will work out. Once again the Toronto real estate market will probably experience the same modest, sustainable, single-digit price increases that have been the norm for the past several years".

Average Days-On-Market in January was 44.

 

A Break Down Of The Total Sales Is As Follows:

TREB's 28 West Districts had:  1552 sales With an average of - $297,770
TREB's 14 Central Districts had: 699 sales With an average of - $436,264
TREB's 23 North Districts had: 895 sales With an average of - $351,153
TREB's 21 East Districts had: 1007 sales

With an average of - $258,824

 


Web-Site Of Interest:
www.toronto.ca/parks

A great site to learn about camps for kids, holiday events and nature, discovery walks around the city.



Mortgage Rates - Nino Pasquariello - Scotiabank

Rates As Of February 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): 416-932-3034 (Fax): 416-932-3167

E-Mail: nino.pasquariello@scotiabank.com

Scotiabank Web-Site: www.scotiabank.com

6 Month Open 6.45%
6 Month Converted 4.25%
1 Year Open 6.60%
1 Year Closed 3.65%
2 Year Closed 4.00%
3 Year Closed 4.25%
3 Year Ultimate Rate 3.75% (Prime with 1.50% cash back) or (3.75% Prime less .50%).
4 Year Closed 4.35%
5 Year Closed 4.55%
7 Year Closed 5.45%



Home Inspection Companies:

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



Business Women Of The Month

- Tzabia Siegel, BA PhEd, CHN -

"The Food Coach"

Certified Nutritionist, Life Coach and Weight Loss Specialist

One on one coaching, group classes and workshops, speaking engagements.

WebSite: www.foodcoach.ca     E-Mail: info@foodcoach.ca



There is a very fine line between a hobby and mental illness.

You should never confuse your career with your life.

Never lick a steak knife.

You will never find a person who can give you a clear and compelling reason why we observe daylight savings time.

There comes a time when you should stop expecting other people to make a big deal about your birthday. That time is age eleven.

A person who is nice to you, but rude to a waiter, is not a nice person.

Your friends love you anyway.

Never be afraid to try something new. A lone amateur built the Ark - a large group of professionals built the Titanic.

If you had to identify one word to explain why human beings have not achieved their full potential - it would be "meetings".

The one thing that unites all human beings is the belief that they are "above-average" drivers.

Never under any circumstances take a sleeping pill and a laxative on the same night.


Neighbourhood Corner - Mississauga:

There were 569 sales in the Mississauga area during January - down 12% from the figure recorded in January of 2004. The average price, however, rose 7% to $298,503. Breaking down the total, detached homes in Mississauga (203 sales) averaged about $418,655, while semi-detached (121 sales) came in at $279,025.


 



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 & repeat business of my clients. I appreciate your on-going support and want you to know that I will always look after friends & 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

Direct Page: (416) 582-1216


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.

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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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