Ryan Roberts November 2011 Toronto Real Estate Newsletter
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Ryan Roberts November 2011 Toronto Real Estate Newsletter

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My November Toronto Real Estate Newsletter

My November Toronto Real Estate Newsletter

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Ryan Roberts November 2011 Toronto Real Estate Newsletter Document Transcript

  • 1. RyanRoberts Broker ca Working By Referral October 2011 Toronto Housing Sales and StatsHere is the latest news from our market watch. One thing I would like to add to this information is that we have felt a slow down in the firstweek of November, approximately 3 weeks earlier than our seasonal slowdown. What we have noticed is that once a buyer has purchasedthere are fewer buyers coming into the buying process... ie, we are seeing less multiple offers and we are seeing houses begin to go “underasking”.Greater Toronto REALTORS® reported 7,642 home sales through the TorontoMLS® in October 2011. This represented an increase of17.5 per cent compared to the 6,504 transactions reported in October 2010.Monthly sales data follow a recurring seasonal trend that should be removed before comparing monthly results within the same year.After adjusting for seasonality, the annualized rate of sales for October was 97,100, which was above the average of 90,700 for the firstthree quarters of 2011.“The pace of October resale home transactions remained brisk in the GTA. This bodes well for a strong finish to 2011,” said TorontoReal Estate Board President Richard Silver. “Home buyers who found it difficult to make a deal in the spring and summer due to ashortage of listings have benefited from increased supply in the fall.”The average selling price through the TorontoMLS® in October was $478,137 - up eight per cent compared to October 2010.“Sellers’ market conditions remain in place in many parts of the GTA. The result has been above-average annual rates of price growthfor most home types,” said Jason Mercer, the Toronto Real Estate Board’s Senior Manager of Market Analysis. “Thanks to low interestrates, strong price growth has not substantially changed the positive affordability picture in the City of Toronto and surroundingregions.” Where In The World Has Ryan Been?So you may be wondering where I have been for much of 2011! I thought I would add a few pictures of some of my escapades: Backcountryskiing through the Wapta Traverse in the Canadian Rockies, hiking and scrambling up the Rockies in summer weather, and the RugbyWorld Cup 2011, Auckland New Zealand...BOOK OF THE MONTH: Mud, Sweat and Tears - Bear Grylls - A great book about the life to date of the ultra survivor brit (from theMan vs. Wild tv show). Passionate, inspiring piece of work. Oh, and something I like... short chapters so that you feel you are actuallyaccomplishing something quickly :) BOSLEY REAL ESTATE LTD., BROKERAGE • 290 MERTON STREET, TORONTO M4S 1A9 BUS: 416-519-4040 • FAX: 416-322-8800 email: ryan@ryanroberts.ca • www.ryanroberts.ca twitter.com/TOrealestate • blog.mydreamtorontohome.com Printed on 100% post-consumer recycled paper
  • 2. RyanRoberts Broker ca Working By Referral Basic Home Maintenance for Winter Here’s a simple bi-annual “top-to-bottom” check list to keep your home in shape year-round:1. Roof: Check roof and around vents, skylights 10. Look for cracks and holes in house siding or and chimney for leaks. Repair as necessary. paint. Replace caulk if necessary.2. Attic: If there is no ridge vent, keep gable vents 11. Clean dehumidifier regularly, if you have one. open year-round to ensure proper ventilation. 12. Have heating system serviced and change3. Gutters: Clean gutters and drain pipes. furnace filters.4. Drain outside faucets. 13. Switch over from air conditioning to heating.5. Get your chimney inspected. Check chimney 14. Adjust the setting on the thermostat. for loose or missing mortar. Have chimney professionally cleaned. Make sure damper 15. Get the water blown out of pipes that won’t closes tightly. be used during the winter. Wrap and insulate waterlines and sprinkler system to prevent6. Ensure that all smoke detectors, carbon monoxide them from freezing. detectors and fire extinguishers are in good working order. 16. Rake the leaves.7. Remove window air-conditioners, or put 17. Trim tree limbs that grew over the summer. weatherproof covers on them. Cover outdoor air conditioner unit. 18. Test your emergency generator.8. Seal drafty doors and windows. 19. Store lawn equipment for winter.9. Take down screens (if removable type) and replace with storm windows.ECO TIP: Compost more yard and kitchen organics, this saves the truck fuel, our taxes (which can then be redirected)and you won’t have to buy plastic bags of compost in the springtime.The real estate business is a relationship business that is built over time. I believe the greatest and most fulfilling business is builton referrals. So I would like to say that I am never too busy for your referrals. It would be an honour to serve a friend or familymember of yours. BOSLEY REAL ESTATE LTD., BROKERAGE • 290 MERTON STREET, TORONTO M4S 1A9 BUS: 416-519-4040 • FAX: 416-322-8800 email: ryan@ryanroberts.ca • www.ryanroberts.ca twitter.com/TOrealestate • blog.mydreamtorontohome.com Printed on 100% post-consumer recycled paper