Tuesday, December 06, 2011

November GTA Real Estate Sales statistics from TREB

this is the report from the Toronto Real Estate Board for last months sales figures in the GTA

The Average price was $480,421 up nearly 10% compared to November 2010
The total number of sales was 7,092 up 11% compared to November 2010

See the full report below,

Healthy Fall Market Continues in November

Toronto, December 6, 2011 - Greater Toronto REALTORS(r) reported 7,092 residential transactions through the TorontoMLS(r) system in November - up 11 per cent in comparison to November 2010. At the same time, the number of new listings was up by 14 per cent in comparison to last year.

"We have seen strong annual sales growth through the 2011 fall market. The increase in transactions has been broad-based, with strong growth across low-rise and high-rise home types throughout the Greater Toronto Area," said Toronto Real Estate Board (TREB) President Richard Silver.

"The market has also become better supplied, with annual new listings growth outstripping that of sales. As this trend continues into 2012, we will see more balanced
market conditions."

The average price for November transactions was $480,421, representing an increase of almost 10 per cent in comparison to $437,494 in November 2010.

"Despite strong price growth this year, the housing market remains affordable in the GTA," said Jason Mercer, TREB's Senior Manager of Market Analysis. "The correct method of assessing affordability is to consider the share of the average household's income that is dedicated to mortgage principal and interest, property taxes and utilities. Currently, this share remains in line with generally accepted lending guidelines. Given this positive affordability picture, average price growth is forecast to continue in 2012, albeit at a more moderate pace."

Read more at TREB Prices

All the best!


Are you thinking of becoming a real estate agent in Ontario?

If you are thinking of becoming a real estate agent in the GTA or Ontari,
great news!

I hope that things work out for you.

Have you read about costs associated with getting your license, it's about
the same anywhere in Ontario.

Start here and read through the 10 pages or so about the costs associated
with obtaining your real estate license in Ontario:

These are the courses required to obtain your real estate license in


These are the
> 7 Tips for long term success in the real estate business
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These are the
> Ten specific Tasks that leading real estate salespeople do to
succeed in real estate

Once you have read through these pages, I would be happy to answer any
questions you may have.

Here is some information on motivation and universal success secrets

I wish you all the best in everything you do in life!

A. Mark Argentino, P.Eng., Broker
RE/MAX Realty Specialists Inc.

Bus: 905-828-3434
email: mark@mississauga4sale.com
web: www. <http://www.mississauga4sale.com/> Mississauga4Sale.com

Monday, December 05, 2011

GTA Mortgage Interest Rate Update

I thought that I would forward you some information sent to me about
mortgage interest rates that are posted and attainable in the GTA

Rates have stayed fairly consistent over the last few weeks.

The best rates from this person are show below.

If you need more information, please don't hesitate to contact me!

Term Best Rate Bank Rate
3 Yr Fixed 2.89% 4.25%
5 Yr Fixed 3.19% 5.35%
Variable 2.60% 3.00%

I hope this finds you Happy and Healthy!

All the Best!


A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
Providing Full-Time Professional Real Estate Services since 1987
BUS 905-828-3434
FAX 905-828-2829 CELL 416-520-1577

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