March 2005

"In February, Toronto Real Estate Board Members recorded a robust 6171 sales", reported TREB President Ron Abraham. "This is our second best February number ever - a 2% improvement over 2004's 6060 figure and down only moderately from the record of 6866 sales set in February of 2002". The President also noted that sales were up 48% from the 4153 sales recorded in January - a figure in line with the seasonal trend.

Prices rose last month - up 3% to $334,272 from January's figure of $323,141. It was also up 8% from the $310,196 recorded during February 2004. The median price came in at $281,000 - up 1% over January.

Average Days-On-Market in February was 35.

A Break Down Of The Total Sales Is As Follows:
TREB's 28 West Districts had:	2335 sales	With an average of - $313,254
TREB's 14 Central Districts had:	1074 sales	With an average of - $447,007
TREB's 23 North Districts had:	1264 sales	With an average of - $355,188
TREB's 21 East Districts had:	1498 sales	With an average of - $268,559

Web-Site Of Interest:
www.campsource.ca
With spring fast approaching - it's time to start thinking about summer vacations. If you and your family are inveterate "campers" - you'll find this site a helpful way to plan your camping holidays!

Rates As Of March 11, 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%

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

Harvey L. Hamburg

Real Estate Lawyer

"Helping my Toronto clients with their real estate transactions for over 20 years".

Bus: (416) 968-9054 Fax: (416) 968-9023

E-Mail: hhamburg@sympatico.ca

The children were all lined up in the school cafeteria of a Catholic elementary school waiting patiently for the lunch line to move along. At the start of the serving line was a huge bowl of wonderful, polished red apples. One of the Nuns had posted a sign that said, "Take only one apple - God is watching" At the far end of the long line sat a tray of delectable chocolate chip cookies. Little Johnny looked back along the line at the Nun who was watching the children. He took out a pad of paper and his crayons. As the kids moved along big smiles broke out on their faces. Johnny had written, "Take all the cookies you want - God is busy watching the apples".

Almost all of the 13 sales recorded in Unionville (N-11) this year were of detached homes (mostly 2 storey) which sold for an average of $517,633 and ranged from $385,000 to $650,000. The average is up 15% over the $450,631 recorded during the first 2 months of 2004.

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

Web-Site: www.rosemarywright.com

E-Mail: mail@rosemarywright.com

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.

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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