Scarlett Li's Real Estate E-Newsletter

GTA RE/MAX Agent Scarlett Li - A Realtor Who Knows Life With Style

Market Watch: July 22, 2009
Dear Friend,

Market Watch - July 2009 National Resale Housing Market Activity Returned to Pre-recession Levels
National resale housing market activity returned to pre-recession levels in May 2009. The rebound in activity is being led by an increase in transactions in some of the most expensive markets in the country, which is skewing the national average price... read more

What Are Your Retirement Living Options?
Retirement isn�t what it used to be. These days, rather than sitting back and watching the roses grow, more of us want to use the extra time, energy, and any cash released from the sale of a property to travel the world or fulfill some other lifelong... read more

How to Fight Persistent Weeds
In order to produce top-quality flowers, crops and shrubs, you�ll need to maintain a weed-free yard and pay close attention to your garden and landscape every step of the way. Weeds are every gardener�s worst enemy. No one likes pulling weeds, using.. read more

10 Ways to Cut Your Moving Costs
Moving can be a very chaotic and expensive task, one that needs to be accomplished very carefully. A move carried out in haste can bring about several unnecessary problems. Almost everyone looks for cheap movers. After all, most of us want to save on... read more

How to Buy Recreational Property as an Investment
Despite the economic downturn, many Canadians are still dreaming of owning a recreational property, both as a long-term investment and to enjoy with family and friends. Canadians are willing to make sacrifices to own a cottage, and more want to use... read more

Compliments of Scarlett Li

Whether you are thinking of buying or selling your home, or are just curious as to real estate values in your neighbourhood, you will want to make sure you talk to a real estate professional who is knowledgeable and familiar with the area.

I invite you to call me at (416) 705-5812 for the most up-to-date market informaiton about Markham, Unionville, Richmond Hill and Scarborough.

I am never too busy for your referral and
thank you for your trust!!


	MARKET REPORT GTA Resale Housing Market Posts Best June on Record TORONTO - July 6, 2009 -- In June 2009, Greater Toronto REALTORS� reported a record 10,955 sales, up 27 per cent from June 2008. The seasonally adjusted annual rate of sales in June was 100,700.(1) “The record result in June is testament to the fundamentally sound housing market in the GTA,” said TREB President Tom Lebour. “An increasing number of households have been confident in purchasing a home in the region’s affordable and diverse resale housing market.” The average price for June transactions was $403,972 – up by two per cent compared to the same month last year. “The re-emergence of seller’s market conditions has exerted upward pressure on home prices,” explained Jason Mercer, TREB’s Senior Manager of Market Analysis. “Look for sales to remain high relative to listings in the second half of the year. This will keep home prices growing.” (1) Seasonally adjusting TREB MLS® data removes recurring seasonal trends observed each year. For example, MLS® sales are highest in late spring each year and lowest in the winter months. Removing the recurring seasonality, allows for the analysis of a meaningful trend reflecting actual changes in market conditions. By multiplying the monthly seasonally-adjusted figure by 12, creating an annual rate, we can compare how the current month relates to historical annual figures. Median Price In June the median price was $345,000, from the $335,250 recorded during June of 2008. Click here to read the TREB report on June market

	If you, or someone you know, are thinking of making a move, please call me for the latest update on prices and sales activity in your area.

Scarlett Li
RE/MAX Realtron Realty Inc., Brokerage
Direct: 416.705.5812
Office: 905.470.9800
E-mail: scarlett@liscarlett.com
www.LiScarlett.com

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