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January 28
th
, 2012
Mary Kapches
Broker
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December 2011
November 2011
October 2011
Best Fixed - 1 year
2.59%
Best Fixed - 5 year
2.99%
Best Variable - 1 year
2.8%
What's Happening?
SECOND-BEST YEAR ON RECORD FOR SALES!!
Toronto, January 5, 2012 — Greater Toronto REALTORS® reported 4,718 transactions through the TorontoMLS® system in December 2011. The December result capped off the second-best year on record under the currentToronto Real Estate Board (TREB) boundaries. Total sales for 2011 amounted to 89,347 – up four per cent in comparison to 2010.
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EXPECT A FAIRLY STABLE REAL ESTATE MARKET IN 2012
Experts are calling for a bit of a mixed bag in Canadian real estate for 2102. Housing market prognosticators say this year will be marked by bursts of growth in certain hot regional markets throughout the country combined with a cooling trend in other areas, namely that of robust markets such as Toronto.
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DECEMBER 6, 2011- BANK OF CANADA HOLDS RATES STEADY
Yet again, Mark Carney is holding the overnight rate at 1 %. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
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HIGHLY RANKED PUBLIC SCHOOLS ARE A MAGNET FOR BUYERS.
As a result of wanting to be in the area of a good public school, parents will allow themselves to go into a bidding war, and as a result the dollar value of these homes increases. Proximity to a highly ranked school often has the most influence on the value of a family ho
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WHY YOU NEED TO USE A REALTOR
1. Realtors are highly qualified professionals. Obtaining and maintaining a real estate license is a demanding requirement. The process is demanding because the responsibilities to consumers in a real estate transaction are demanding and vast.
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SHOULD YOU SELL FIRST OR BUY?
Many people who sold their existing home or condo unit near the end of 2009 are now frantically searching for their new home. I would advise homeowners to buy first, if they will be selling the kind of property that will sell quickly
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TECH SAVVY HOMEBUYERS OFFERED A NEW TOOL!
Canadian consumers can now access details about real estate listings wherever they are in a flash – a flash of their Internet-enabled smart phone, that is.
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56% OF ONTARIANS BELIEVE HARMONIZED SALES TAX APPLIES TO RESALE HOMES
Majority (56%) of Ontarians Believe Harmonized Sales Tax Applies to Resale Home. The introduction of the Harmonized Sales Tax in both Ontario and British Columbia on July 1st 2010 has been widely cited by real estate professionals and analysts as one of the major factors affecting a slowdown in housing sales. This t
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If the time has come for You to "Find Your Dream Home", then I would love to help. New properties are listed every day. By filling out the form, I can have new Listings emailed to You as soon as they become available.
The Equity in your home is like any other investment - it needs to be monitored. Homeowners should have their Equity evaluated once a year.
Now might be the perfect time...
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