December 2014 Newsletter

December 16, 2014 - Updated: December 16, 2014

     
416-762-4200   905-896-3333
 
 
 
Real Estate Sales up 6.6%
 Year over year sales growth continues. The Toronto Real Estate Board reported 88,462 sales, a 6.6% increase compared to same time last year.
 
Buyers Remain Active in November. Average Price up Over $39,000. 
 
 
The average selling price for November transactions was $577,936 up 7.4% from 2013. The year to date average price was up by 8.4% to $567,198 even with a constrained supply of homes for sale in many parts of the GTA.  
 
House Prices up 7.4%
If you own a Toronto Detach Now may be the Time to Sell! The Average Selling Price for Nov in Toronto was $935,122 
Up 9.4% from 2013.
 
High Demand WIll Continue to Lead Price Growth into 2015.
The robust average price growth experienced in 2014 has been fundamentally sound with demand relative to supply. Strong competition between buyers has exerted upward pressure on selling prices. Read more >>

Canadian Housing Market Not at Major Risk 
 Canada's housing market is not in bubble territory and faces "very little risk" of a downturn according to the Canadian Mortgage and Housing Corporation.
 
 
According to the CMHC report, Toronto's is showing signs that reduce possible risk to the housing market.
 
Click to Read More >>

 
 
 
A Holiday Gift For You: 30% Off Paints and Stains From Sherwin Williams
 
Just in time for the holidays, create a feeling of warmth and tranquitily with new paint colours that make staying indoors feel more like a retreat than a requirement. Coupon expires December 31st 2014.
Click here to print coupon

We Love Referrals
 
 
Do you know someone thinking of Buying or Selling? We love referrals and sincerely appreciate each and every one we recieve. If you were satisfied with our service, please send your friends and family our way.Thank-you!
 
December Market
Report Video 
 
What's Included When You Purchase a Home.
Be Home Smart Video
 
 
 
Click Here to Play Video
 

 What you see is not always what you get. Avoid costly surprises by listing items like the appliances and water heater, called "chattels", in your offer. Watch the video to learn why it's important to get all the details in writing.  
 

 
Hot New Development of the Month
Beacon Condos
 
Luxurious Living at North York City Centre
Starting from the High $200s
 
Special 2014 Holiday Incentives:
 
3% off 1 Bedroom Suites
5% off 1+Den, 2Bdrm & 2+Den Suites
FREE Window Blinds
Free Assignment ($5,000 Value)
Capped Development Charges
Lease During Occupancy
 
  Underground access to North York Centre Subway Station.
 
Inventory is going fast! Contact me for Floor Plans, VIP Pricing and Exclusive Buyer Incentives.
 
 

 


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Michael Kelly Sales Representative

Sutton Group Realty Systems Brokerage

Independently owned and operated

1528 Dundas Street West, Mississauga ON, L5C 1E4

Office: 905-896-3333

Fax: 905-848-5327

Mobile: 647-408-5226

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