You are currently browsing the monthly archive for August 2009.
Just installed the wordpress app for my iPhone and testing it out.
Right now I’m in one of the Times Condominium. Here is a photo of the Richmond Hill skyline.
I’m going to try blogging on the iPhone this month. Please leave comments and let me know what you think of them.
In July 2009, Greater Toronto REALTORS® reported a record 9,967 sales, up 28 per cent from July 2008. The average price for July transactions was $395,414 – up by six per cent compared to the same month last year.
“Households confident in their positioning within the current economic environment have taken advantage of housing affordability in the GTA,” said TREB President Tom Lebour. “The real estate sector has been one of the sectors making a positive contribution to economic growth in the GTA, not to mention Ontario and Canada more broadly.”
Year-to-date sales, at 50,632 are down 1.2 per cent compared to the first seven months of 2008. Average price, at $385,808 is down by less than one-half of one per cent.
“The steep drop-off in sales experienced at the beginning of the year has all but dissipated,” explained Jason Mercer, TREB’s Senior Manager of Market Analysis.
“With five months left to go in the year, it is probable that total existing home sales in 2009 will be at or above last year’s level.”
Median Price
In July the median price was $339,900, from the $325,000 recorded during July of 2008.
Source: TREB
Sales are high, supply is low. What more can I say, it’s a sellers market.
Thinking of selling? Nobody knows how long this will last so take advantage of this and give me a call to sell your property for top dollar.
Kirby Chan
Sales Representative
Forest Hill Real Estate
info@kirbychan.com
www.KirbyChan.com
416.305.8008
By the way… I’m never too busy for your referrals.
I found it troublesome looking for the tax rates of several municipalities. So, here it is in a convenient chart.
The tax rate and the assessed value of your property are used to calculate your property tax.
If you have any questions than please email your favourite neighbourhood Realtor, Kirby and I will send you the relevant MPAC literature.
Kirby Chan
Sales Representative
Forest Hill Real Estate
info@kirbychan.com
www.KirbyChan.com
416.305.8008
By the way… I’m never too busy for your referrals.
