Scarlett Li's Real Estate E-Newsletter

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

Market Watch: August 25, 2009
Dear Friend,

Market Watch - August 2009 Canadian Housing Market has Shifted into Recovery Mode
Another real estate organization is declaring an end to Canada’s housing market downturn. Re/Max said on Monday a recent surge in housing sales, particularly in Canada’s biggest cities, is “a clear signal that the housing sector has shifted into recovery mode.”... read more

Understanding Your Local Real Estate Market
Experts always say that real estate is a great investment because the value of homes is always going up. To some extent, there's truth in that. But it's also a fact that the real estate market fluctuates. Many people mistakenly rely on national trend... ... read more

Six Things You Should Avoid Before Buying a Home
Buying a home is not an impulse buy. In most cases you will have a few months notice before you actually go through with the sale. Planning ahead is crucial particularly if you don't have extensive financial resources. Since mortgage lenders will be sizing up your finances carefully, don't give them any reason to reject your application... read more

Change Your Life With Feng Shui Colours
Followers of the ancient Chinese art of Feng Shui believe that colours play an important part in the harmony of our lives. Selecting the right colour could affect your health, career, finances and even your romance... read more

How to Keep Your House Plants Happy and Disease Free
You don’t have to have a green thumb to beautify your house with greenery. Houseplants thrive on very little TLC. Understand the needs of individual species, and your plants can make you the envy of the neighborhood. Houseplants are not tricky to keep healthy, but it is easy to love them too much. Three basic practices will keep your plants happy and healthy .. 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 REALTORS® Report August Mid-Month Resale Market Figures TORONTO, August 18, 2009 - In the first two weeks of August, Greater Toronto REALTORS® reported 3,832 sales – up 27 per cent compared to the first two weeks of August 2008. The average price for these transactions was up three per cent year-over-year to $383,796. Year-to-date sales, at 54,303 are up slightly compared to 54,138 in 2008. Average price, at $385,603 is down by less than one half of one per cent. Read More GTA REALTORS® report resale record in July TORONTO - August 6, 2009 -- 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. Click here to read the TREB report on July 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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