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Jason & Bernie’s Journal News To Help You Save Time And Money
September 2009
Toronto Real Estate up 23% the First Half of September In the first two weeks of September, Greater Toronto REALTORS® reported 3,361 sales – up 23 per cent compared to the first two weeks of September 2008. The average price for these transactions was up eight per cent year-over-year to $393,818. "An increasing number of positive reports pointing to economic recovery coupled with low interest rates have kept households confident in purchasing a home," said TREB President Tom Lebour. Year-to-date sales, at 61,676 are up three per cent compared to 59,971 in 2008. Average price, at $386,302, is up by one per cent from $383,776.
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The attractiveness of owning a home has improved considerably over the past year and going forward it's probably not going to get much better. It’s never been cheaper to own a home across Canada since the beginning of our last housing boom which began in 2005, BUT this party just won’t last. The wrinkle stems from the debate as to whether the central banks can maintain their promise and pledge to leave its key policy rate at .25% or the lowest level, until June 2010 in the effort to stimulate our economy. Once the central banks decide to start increasing the rate, certain economists believe that major rate hikes, instead of small steady rate hikes, will be the norm.
In my young career and coupled with my mentors 25 years experience in the industry, we have never seen NSIDE HIS SSUE such a shortage of Inventory in the GTA. If you have Sellers, Friends, Parents or Family Members you care • An Old Appliance Might Cost More Than You about who are thinking about putting their home on the Think market, call them today and tell them that there has • Add Instant Value To Your House Without never been a better time to get that extra money that Renovating will help them move to a better home and to call us get • Tips for the New Do-It-Yourself Home their home sold.
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Renovator Kitchen Smarts: Tips To Creating Functionality In The Kitchen Add a Dash Of Technology To Your Cooking Fall Into Savings The Legal Dimensions Of Running A Business From Home Homes For Sale
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There should be confidence in saying that the fall market will be much better than last year and preparing your home for the fall market now, will help sell your home easier and faster in todays’ Market. Give us a call for a FREE Room-by-Room review. To Read more go to our BLOG at www.GoBIGandGoHOME.CA 1
Bernie and Jason