Ontario Housing to Stabilize ReMax Realtron Diane Plant

Queen's Park October

Ontario housing conditions will stabilize

Stable economic conditions across the province will help stabilize housing demand in 2010 according to the 2009 Third Quarter CMHC Housing Market Outlook - Canada Edition.

Highlights of the Ontario forecast include:

• The Ontario economy will stabilize at year end before gradually recovering in 2010

• Ontario resale volumes will stabilize and range between 160,000 and 190,000 unit sales this year and next - reaching 174,000 units in 2009, and 166,750 units in 2010.

• Resale volumes will be down from the peak in 2007 but will be in line with volumes earlier this decade.

• After experiencing buyers market conditions early this year, balanced market conditions will be sustained through 2010 – prices will rise by 1.6 per cent and 0.8 per cent this year and next respectively.

• After declining in 2009, new home starts will edge up and reach 50,000 units in 2010 but owing to economic uncertainty will range between 45,800 and 60,000.

• High levels of affordability will support demand for detached housing in the immediate term but a shift to more inexpensive multi-family housing will occur as affordability erodes in late 2010.

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I proudly server buyers and sellers in the Toronto Neighbourhoods of: Forest Hill, Cedarvale, North York, North Toronto, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas.

Whether you're buying or selling and looking for a Toronto Realtor or feel free to e-mail or phone us and we will be happy to guide you through your real estate experience.

Diane Plant, Broker
Re/Max Realtron Realty Inc, Brokerage
(416) 782-8882

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Toronto Home Sales ending May 28

The dollar value of homes sold this week in the East are up approximately 4% the North are up approximately 30% the Central area is up 4% and the West is up 2% for week ending May 28. The average price of all homes has increased approximately 4%.

The numbers of homes sold have increased. East up 23%, West up 31%, Central up 34% and North up 30%. The increase in total is up 29%.

May 21, 2009
Region	Area Sales	Av. Price
East	554	$320,960
West	913	$370,237
Central	477	$509,497
North	555	$424,665
Total	2,499	$397,582

NOTE: Please note these are preliminary figures. Minor adjustments may be required at month's end.

I proudly server buyers and sellers in the Toronto Neighbourhoods of: Forest Hill, Cedarvale, North York, North Toronto, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas.

Whether you're buying or selling and looking for a Toronto Realtor or feel free to e-mail or phone us and we will be happy to guide you through your real estate experience.

Diane Plant, Broker
Forest Hill Real Estate, Brokerage
(416) 488-2875

Visit MY Website

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Get involved-Clean Train Coalition

Metrolinx's "Big Move"

Metrolinx is planning to run more than 350 diesel trains every day on the Union Station to Georgetown rail corridor without fully considering the people who will be affected the most. These diesel trains will be spewing fumes and dividing our neighbourhoods.

Clean Transit is Possible

Our city deserves a clean, effective and modern transportation system. Now is the time to build a transit solution that will benefit all of us and serve our region for decades to come. The solution should:

Use clean-running, quiet and light weight electric trains

Eliminate the harmful effects of diesel pollution

Maintain and enhance neighbourhood connections

Prevent the division and isolation of communities along the corridor

Create accessible and affordable transit for everyone

Ensure this public infrastructure project provides a lasting benefit to us all

What can YOU do?

Are you concerned about the harmful environmental, social and economiceffects of the proposed plan? We need your help to ensure that this transportation project is a clean and healthy solution for the GTA.

Join the Clean Train Coalition in its first campaign and make sure the province hears your voice on the Georgetown South Service Expansion and Union- Pearson Rail Link.

Our goal is to send 5,000 letters. Be a part of our movement and help us prove that clean transit is possible.

Please visit this website to GET INVOLVED

http://cleantrain.ca/may4th.php

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I proudly server buyers and sellers in the Toronto Neighbourhoods of: Forest Hill, Cedarvale, North York, North Toronto, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas.

Whether you're buying or selling and looking for a Toronto Realtor or feel free to e-mail or phone us and we will be happy to guide you through your real estate experience.

Casa Loma is Toronto's most prominent historic residence, built from 1911 to 1914. Casa Loma is complete with decorated suites, secret passages, an 800-foot tunnel, towers, stables, and beautiful 5-acre estate gardens

Diane Plant, Broker
Forest Hill Real Estate, Brokerage
(416) 488-2875
Visit MY Website

BUYERS IN TORONTO NEIGHBOURHOODS

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How did Toronto sales end April 30?

The dollar value of homes sold this week in the east, west and north are down down approximately 2%. The dollar value of homes sold in the central area is up 2% from week endin April 16. The average price of all homes has decreased approximately 1/2%.

The numbers of homes sold have increased however. East up 36%, West up 24%, Central up 35% and North up 36%. The increase in total is up 31%.

April 30, 2009
Region	Area Sales	Av. Price
East	469	$299,374
West	765	$368,865
Central	388	$495,639
North	442	$405,070
Total	2,064	$384,659

NOTE: Please note these are preliminary figures. Minor adjustments may be required at month's end.

I proudly server buyers and sellers in the Toronto Neighbourhoods of: Forest Hill, Cedarvale, North York, North Toronto, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas.

Whether you're buying or selling and looking for a Toronto Realtor or feel free to e-mail or phone us and we will be happy to guide you through your real estate experience.

Diane Plant, Broker
Forest Hill Real Estate, Brokerage
(416) 488-2875
Visit MY Website

BUYERS IN TORONTO NEIGHBOURHOODS

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Canadian Banks Almost Giving Away free Mortgages

This Bank of Canada reduction by a quarter of a point today is at the lowest level ever. In its announcement the Bank of Canada also stated that it expects to hold this policy rate at its current level until the end of the second quarter of 2010, conditional on the outlook for inflation.

While rates for variable rate mortgages are typically impacted by Bank of Canada policy rate changes, what's interesting is that rates for popular five-year fixed rate mortgages have been declining significantly in recent months. The reason behind this drop is an abundant supply of money being put into circulation, as well as guarantees of government agencies to purchase mortgage investments.

A comparison of fixed rates today versus six months ago shows a noticeable improvement in purchasing power.

Six months ago, a competitive rate on a five-year fixed mortgage was 5.75 per cent. At this rate, the monthly payment on a $250,000 mortgage with a 25-year amortization was $1,563. With the five-year rate of 3.95 per cent available today, the monthly payment falls to $1,308, which adds up to a savings of $15,300 in payments over the five year term.

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I proudly server buyers and sellers in the Toronto Neighbourhoods of: Forest Hill, Cedarvale, North York, North Toronto, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas.

Whether you're buying or selling and looking for a Toronto Realtor or feel free to e-mail or phone us and we will be happy to guide you through your real estate experience.

Casa Loma is Toronto's most prominent historic residence, built from 1911 to 1914. Casa Loma is complete with decorated suites, secret passages, an 800-foot tunnel, towers, stables, and beautiful 5-acre estate gardens.

Diane Plant, Broker
Forest Hill Real Estate, Brokerage
(416) 488-2875

Visit MY Website
BUYERS IN TORONTO NEIGHBOURHOODS

SELLERS IN TORONTO NEIGHBOURHOODS

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Weekly Sales Report for Toronto ending April 16th

The number of homes sold this week in all areas is down but the average price has increased. The average price increase is approximately 2%.

April 16, 2009
Region	Area Sales	Av. Price
East	343	$305,933
West	615	$377,547
Central	288	$486,601
North	324	$416,460
Total	1,570	$389,936

NOTE: Please note these are preliminary figures. Minor adjustments may be required at month's end.

**********************************************************************************

I proudly server buyers and sellers in the Toronto Neighbourhoods of: Forest Hill, Cedarvale, North York, North Toronto, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas.

Whether you're buying or selling and looking for a Toronto Realtor or feel free to e-mail or phone us and we will be happy to guide you through your real estate experience.

Casa Loma

Casa Loma is Toronto's most prominent historic residence, built from 1911 to 1914. Casa Loma is complete with decorated suites, secret passages, an 800-foot tunnel, towers, stables, and beautiful 5-acre estate gardens.

Diane Plant, Broker
Forest Hill Real Estate, Brokerage
(416) 488-2875
Visit MY Website

BUYERS IN TORONTO NEIGHBOURHOODS

SELLERS IN TORONTO NEIGHBOURHOODS

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Toronto homes sales ending April 9th 2009

February, 2009
Region	Area Sales	Av. Price
East	409	$301,778
West	690	$369,951
Central	329	$478,555
North	374	$398,780
Total	1,802	$380,290

NOTE: Please note these are preliminary figures. Minor adjustments may be required at month's end.

I proudly server buyers and sellers in the Toronto Neighbourhoods of: Forest Hill, Cedarvale, North York, North Toronto, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas.

Whether you're buying or selling and looking for a Toronto Realtor or feel free to e-mail or phone us and we will be happy to guide you through your real estate experience.

Diane Plant, Broker
Forest Hill Real Estate, Brokerage
(416) 488-2875
Visit MY Website

BUYERS IN TORONTO NEIGHBOURHOODS

SELLERS IN TORONTO NEIGHBOURHOODS

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