Sunday, May 15, 2011

TREB MLS® Sales to New Listings Ratio Monthly with Three Previous Years for Comparison May 2011

GTA and Mississauga Real Estate and Toronto Real Estate News

Explanation: This chart plots the monthly MLS® sales-to-new listings ratio (SNLR) for the current year and the previous three years. The recurring seasonal trend can be examined along with comparisons to previous years for each month. When the SNLR moves higher, annual average price growth generally increases –often at a rate well above inflation. When the SNLR moves lower, annual average price growth generally declines and can become negative.

Toronto Real Estate Board (TREB) Average Prices and Graph

For more information please contact A. Mark Argentino

A. Mark Argentino, Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc., Brokerage
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1
BUS. 905-828-3434
FAX. 905-828-2829
E-MAIL: mark@mississauga4sale.com
Website: Mississauga4Sale.com

Saturday, May 14, 2011

GTA current mortgage interest rates

These are the latest, best rates for Canadian mortgages. .


Terms

Market Rates*

Best Rates†


6 mth

4.45%

4.40%


1 yr

3.70%

2.64%


2 yr

4.05%

3.40%


3 yr

4.55%

3.52%


4 yr

5.19%

3.79%


5 yr

5.69%

4.04%


7 yr

6.49%

5.09%


10 yr

6.85%

5.34%


5 yr VRM

Prime (3.00%)

2.25%(Prime -.75%)**

* Market rate is the posted rate offered by the majority of Canadian
financial institutions. † OAC. Certain conditions may apply. Rate subject to
borrower, property qualification and can change without notice.
E&OE.**Please call for variable rate specials

TREB single family dwelling residential breakdown of sales from May 2011 report

GTA and Mississauga Real Estate and Toronto Real Estate News

Toronto Real Estate Board (TREB) Average Prices and Graph

For more information please contact A. Mark Argentino

A. Mark Argentino, Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc., Brokerage
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1
BUS. 905-828-3434
FAX. 905-828-2829
E-MAIL: mark@mississauga4sale.com
Website: Mississauga4Sale.com

Friday, May 13, 2011

TREB MLS® Average Resale Home Price Monthly with Three Previous Years for Comparison May 2011

GTA and Mississauga Real Estate and Toronto Real Estate News


Explanation: This chart plots the monthly MLS® average home price for the current year and the previous three years. The recurring seasonal trend can be examined along with comparisons to previous years for each month.



Toronto Real Estate Board (TREB) Average Prices and Graph

For more information please contact A. Mark Argentino

A. Mark Argentino, Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc., Brokerage
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1
BUS. 905-828-3434
FAX. 905-828-2829
E-MAIL: mark@mississauga4sale.com
Website: Mississauga4Sale.com

Wednesday, May 11, 2011

TREB MLS® New Listings Monthly with Three Previous Years for Comparison May 2011




Explanation: This chart plots monthly MLS® new listings for the current year and the previous three years. The recurring seasonal trend can be examined along with comparisons to previous years for each month.



Toronto Real Estate Board (TREB) Average Prices and Graph

For more information please contact A. Mark Argentino

A. Mark Argentino, Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc., Brokerage
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1
BUS. 905-828-3434
FAX. 905-828-2829
E-MAIL: mark@mississauga4sale.com
Website: Mississauga4Sale.com

Tuesday, May 10, 2011

TREB single family dwelling residential breakdown of active listings from May 2011 report



Toronto Real Estate Board (TREB) Average Prices and Graph

For more information please contact A. Mark Argentino

A. Mark Argentino, Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc., Brokerage
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1
BUS. 905-828-3434
FAX. 905-828-2829
E-MAIL: mark@mississauga4sale.com
Website: Mississauga4Sale.com

Monday, May 09, 2011

Mortgage interest rates in the GTA

The table below shows you the current posted mortgage interest rates by most
banks and the rate that is obtainable from one lender I deal with.
If you want more information on rates, please let me know
Thanks
Mark








































































































ermsPosted
Rates
Obtainable Rates
6 MONTHS4.45%4.45%
1 YEAR3.70%2.64%
2 YEARS4.05%3.40%
3 YEARS4.55%3.52%
4 YEARS5.19%3.79%
5 YEARS5.69%4.19%
7 YEARS6.49%4.79%
10 YEARS6.85%4.99%
Rates are subject to
change without notice. *OAC E&OE


Other
Rates:






















CURRENT PRIME RATE IS3.00%

































PRODUCTRATE
Variable Rate Mortgage: Prime - 0.752.25%







Terms Posted Rates Obtainable Rates
6 MONTHS 4.45% 4.45%
1 YEAR 3.70% 2.64%
2 YEARS 4.05% 3.40%
3 YEARS 4.55% 3.52%
4 YEARS 5.19% 3.79%
5 YEARS 5.69% 4.19%
7 YEARS 6.49% 4.79%
10 YEARS 6.85% 4.99%
Rates are subject to change without notice. *OAC E&OE




Other Rates:




CURRENT PRIME RATE IS 3.00%



PRODUCT RATE
Variable Rate Mortgage: Prime - 0.75 2.25%



Lower rates may be available in certain regions, or to those with higher
credit scores or higher net worth - be sure to check with your mortgage
broker for full details.



I hope this finds you Happy and Healthy!



All the Best!



Mark



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
mark@mississauga4sale.com
Mississauga4Sale.com



* Thinking of selling your home in the next 3 to 6 months? Would you
like a Complimentary & Quick Over-The-Net Home Evaluation ?
www.mississauga4sale.com/internet-evaluation.htm




* Power of Sales and Foreclosures
www.mississauga4sale.com/Power-Sales-Bank-Sales-Alert-Request.htm




* If you have not already signed up to receive my monthly real estate
newsletter, you may do so here: On-Line Real Estate Newsletter sign up
www.mississauga4sale.com/popupquestion.htm




* See seasonal housing patterns
www.mississauga4sale.com/TREBprice.htm




* Would you like me to send you a desk or wall Calendar?
www.mississauga4sale.com/Calendar-Order-Form.htm

TREB MLSR Sales Monthly with Three Previous Years for Comparison May 2011




Explanation: This chart plots monthly MLS(r) sales for the current year and
the previous three years. The recurring seasonal trend can be examined along
with comparisons to previous years for each month.

Friday, May 06, 2011

TREB single family residential breakdown of sales May 2011



Toronto Real Estate Board (TREB) Average Prices and Graph

For more information please contact A. Mark Argentino

A. Mark Argentino, Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc., Brokerage
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1
BUS. 905-828-3434
FAX. 905-828-2829
E-MAIL: mark@mississauga4sale.com
Website: Mississauga4Sale.com

Wednesday, May 04, 2011

Toronto Real Estate Board on April resale housing prices and sales volumes

This is the latest report from the Toronto Real Estate Board on April resale
housing prices and sales volumes


GTA REALTORS(r) REPORT MONTHLY RESALE HOUSING FIGURES



TORONTO, May 4, 2011 -- Greater Toronto REALTORS(r) reported 9,041 existing
home sales through the TorontoMLS(r) system in April 2011.



This result was down 17 per cent compared April 2010 when sales spiked to a
new record of 10,898.



While off last year's record result, April 2011 sales were in line with the
average April sales level reported over the previous five years.



"Existing home sales have been strong from a historic perspective through
the first four months of 2011.



Expect the pace of sales to remain robust through the spring, as the economy
expands and home buyers continue to benefit from affordable home ownership
opportunities," said Toronto Real Estate Board (TREB) President Bill
Johnston.



Market conditions tightened markedly over the last year. April 2011 sales
accounted for 62 per cent of new listings during the month - up
substantially from 53 per cent in April 2010. Tighter conditions resulted in
the average April selling price growing by nine per cent annually to
$477,407.



"The number of listings has been below expectations so far this year.
Increased competition between home buyers has led to an accelerating annual
rate of price growth," said Jason Mercer, TREB's Senior Manager of Market
Analysis. "The strong price growth experienced in April should result in
more listings and more balanced market conditions."








Let's hope this is the case!



All the best



Mark