GTA RE/MAX Agent Scarlett Li - A Realtor Who Knows Life With Style
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Market Watch: September 18, 2009
Dear Friend,

Market Watch - September 2009
Home Sales Brightest Light in Economy
With summer coming to a close, it is a good time to reflect on the local resale market. August numbers continued the positive trend set in July with sales and average prices up, year over year. 2009 has thus far continued to surprise market watchers... read more
Should I Purchase My Home Now or Wait for the Market to Stabilize?
Many people are debating whether they want to buy a property now or whether they should wait. They are getting mixed messages from the media about the market conditions and the state of the economy. Reports are indicating that the real estate market is rebounding. However, we are still hearing negative news about businesses folding and job losses. So is now a good time to buy?... ... read more
Real Estate Terms You Should Know
Buying or selling real estate can be a tricky process. There are hundreds of commonly used terms that could make up a language of their own. Here are some home buying terms that you will most likely encounter when you purchase your home... read more
Water Saving Tips for Your Home
Water is our most precious resource on earth; every living organism is dependent on it for survival. Less than 30% of people around the world have access to safe drinking water. As the climate changes, we will likely see that access to clean and safe water will become more important than ever... read more
Late Summer and Early Fall Planting
Many people feel their gardens lack appeal at this time of year. They think about planting spring-flowering bulbs in the fall, but often don’t think of what also does well in the garden when planted in the fall. There's more to plant in fall than bulbs—you can plant perennials, grasses, trees and shrubs, and even vegetables! ... 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!!

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MARKET REPORT
GTA REALTORS® Report Sales and Price Growth in September

TORONTO, September 16, 2009 - In the first two weeks of September, Greater Toronto REALTORS® reported 3,361 sales – up 23 per cent compared to the first two weeks of September 2008. The average price for these transactions was up eight per cent year-over-year to $393,818.

"An increasing number of positive reports pointing to economic recovery coupled with low interest rates have kept households confident in purchasing a home," said TREB President Tom Lebour. Year-to-date sales, at 61,676 are up three per cent compared to 59,971 in 2008. Average price, at $386,302, is up by one per cent from $383,776.

Read More



Strong Sales Increases Continue in August

September 2, 2009 -- August 2009, Greater Toronto REALTORS® reported 8,035 sales, up 27% per cent from August 2008. The average price for August transactions was $387,921 – up by six per cent compared to the same month last year.

Year-to-date sales, at 58,421 were up two per cent compared to the first eight months of 2008. Average price, at $385,978 was up by less than one-half of one per cent. “We have heard more positive economic news lately. The improved housing market has played a key role,” explained Jason Mercer, TREB’s Senior Manager of Market Analysis. “Home sales have helped other sectors of the economy through home buyers’ spending on things like financial and legal services, moving, renovations and home furnishings.”

Median Price
In August, the median price was $338,000, from the $318,000 recorded during August of 2008.

Click here to read the TREB report on August market


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

Scarlett Li's logo is a registered trademark in Canada. RE/MAX logo is a registered trademark of RE/MAX International, Inc. in the United States, Canada and/or other countries.
© 2009 Scarlett Li. All rights reserved.

 
 

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