Ratio of the number of sales to active listings for the West GTA zones, W01 to W28, Etobicoke, Mississauga, Brampton and west

This graph clearly shows that the number of sales to active listings ratio for the West GTA zones, W01 to W28, Etobicoke, Mississauga, Brampton and west, is about 43% or so and indicates that 43% of all listings on the market are selling, much higher than the period back in the spring of 2009

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

Number of days on the market before a property sells in the West Zones of the GTA, Etobicoke, Mississauga, Oakville west

This graph shows you the number of days on the market before a property sells in the West Zones of the GTA, Etobicoke, Mississauga, Oakville west. It clearly shows that it takes about half the time to sell a property today versus a year ago, a dramatic change in the real estate marketplace indeed!

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

Current Mortgage Interest Rates

This chart shows you the Current Mortgage Interest Rates and the obtainable rates.

TERM	POSTED	Achievable RATES*
6 Month	4.60%	3.50%
1 Year	3.65%	2.35%
2 Year	3.95%	2.90%
3 Year	4.30%	3.25%
4 Year	5.04%	3.69%
5 Year	5.39%	3.69%
7 Year	6.30%	4.95%
10 Year	6.50%	5.20%
Variable Rate		1.85%
Prime Rate		2.25%

I hope this finds you Happy and Healthy!

All the Best!

Mark

A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate

Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS Newsletter
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Number of single family residential sales over the past 12 months in the GTA and Toronto

This graph shows you the number of single family residential sales over the past 12 months in the GTA and Toronto and clearly indicates that April, May and June period were the most active in the past 12 months

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

Breakdown of sales in the GTA and Toronto showing you which dwelling types sell more than others

This figure shows you the breakdown of sales in the GTA and Toronto showing you which dwelling types sell more than others. It compares detached, semi detached, townhomes, condos, freehold townhomes, co-ops, links and detached homes. Detached homes continue to make up about 46% of all sales followed by highrise condominium properties making up 26% of all sales

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

Mortgage qualification changes in Canada

The Bank of Canada announced some changes to the mortgage act in Canada

These changes affect the qualification rules

There are two types of buyers that the bank is attempting to address; buyers purchasing properties more than they can afford and investors flipping properties

The Bank of Canada feels there no definitive signs of a housing bubble , so they are slowing a 'NON' bubble.

How have they tightened the rules:

• Buyers with less than 20% downpayment must show they can afford a 5 year mortgage
• Investors must have minimum 20% downpayment

The changes take effect in mid April and some lenders may implement sooner

All the best!
Mark

Number of sales and average prices for the past 13 months for single family residential properties sold in the GTA and Toronto areas

This chart shows you the number of sales and average prices for the past 13 months for single family residential properties sold in the GTA and Toronto areas

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

Single family residential average price in Toronto and GTA has nearly doubled in the past 10 years

This graph shows that the single family residential average price for Toronto has increased and nearly doubled in the past 10 years

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

GTA and Mississauga active number of listings is down significantly

This graph shows the number of active listings over the past year and indicates that although this number increased in January of 2010, it is still down compared to the previous 12 months. Another indicator of our very active marketplace!




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

Number of sales, new listings, active listings and days on the market and compares these figures for January 2010 to January of 2009

This chart shows the number of sales, new listings, active listings and days on the market and compares these figures for January 2010 to January of 2009. It's a nice snapshot showing that the market is far more active now compared to a year ago, that the number of active and new listings is down and that the average days on the market is down, all indications of a very fast market in the GTA

If you are currently looking to purchase, you know that this is exactly the case!





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