Here is our October 2012 Real Estate Update in Our Home Toronto. September saw strong price growth versus 2011. The average price of a resale home in the GTA in September was $503,662 a +9% increase from 2011. We also saw strong growth in single detached homes (+8%), semi-detached homes (+12%), townhomes (+6%) and apartment condos (+6%). This month we also provide some ideas for decorating for the fall season including tips on rugs, lights, plants and backdrops. This month in Legally Speaking we discuss the legalities of the home inspection clause with a case from the Ontario Court of Appeal. We also provide you some tips on how to strengthen home inspection clauses from the seller’s point of view. Finally this month we provide you with some heat saving tips and the ever popular Pearls of Wisdom….here is a preview “Behind every great man is a woman rolling her eyes”- Jim Carrey
Market Stats & Trends
James Metcalfe’s Real Estate Update September 2012…In Our Home Toronto
Here is our September Real Estate Update for Our Home Toronto. The average price of a resale home in the GTA in August was $479,095 a +6% increase versus the August 2011 average of $450,323. Meanwhile, the apartment condo market saw a -2% decline on a year to year basis. This month also features an article on the importance of a good home inspection…learn the six most important items to look out for during a home inspection. Also, this month…know your rights as a condo owner and the responsibilities of the condo corporation…an interesting case out of Langley BC. Once again we also return with Pearls of Wisdom…here’s a quick preview ” I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.”- Winston Churchill.
James Metcalfe’s Real Estate Update August 2012…In Our Home Toronto
Although a bit delayed here is our August 2012 Real Estate Update in Our Home Toronto. It is important to note that the average price of a resale home in the GTA in July was $476,947 which was a +4% increase from the average price of $458,646 in July 2011. Also, this month we feature an interesting article on Basement Apartment Legalities and the five areas that must be considered to establish a legal basement apartment. And finally, an important article on mold…what it is, where you can find it and how to combat it. Pearls of wisdom also returns… here’s a preview…”A vegetarian is a person who won’t eat anything that can have children.”-David Brenner
James Metcalfe’s Real Estate Update June 2012 … In Our Home Toronto
Here’s our June Real Estate Update for Our Home Toronto: You’ll note Toronto home sales volumes (+11% vs LY) and prices (+6% vs LY) remain strong in May; an interesting article on Fixtures vs Chattels … what constitutes each and why you should be specific when preparing your listing or offer; an article on simplifying Mortgage Speak; and the ever popular Pearls of Wisdom … here’s a teaser “I used to be Snow White, but I drifted.” – Mae West
Enjoy and do let us know if you would like to receive this update by email.
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James Metcalfe's Real Estate Update June 2012
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James Metcalfe’s Real Estate Update May 2012 … In Our Home Toronto
Here is our May Real Estate Update for Our Home Toronto: You’ll note average April prices are up 9% vs 2011 for a new all time high average GTA price of $517,556 & volumes are up 18% vs 2011 for April sales of 10,350 homes sold, an interesting article on How To Optimize Curb Appeal, Personal Finance … HST and your Real Estate investment, a MUST read … How and Why it’s less expensive to buy a home today than it was 20 years ago! and the ever popular Pearls of Wisdom … Enjoy and do let us know if you would like to receive this update by email.
For loads of Listings and free information on buying or selling Visit OurHomeToronto
View more documents from James Metcalfe.