Healthy Fall Market Continues in November

December 6, 2011 -- Greater Toronto REALTORS® reported 7,092 residential transactions through the TorontoMLS® system in November – up 11 per cent in comparison to November 2010. At the same time, the number of new listings was up by 14 per cent in comparison to last year.
“We have seen strong annual sales growth through the 2011 fall market. The increase in transactions has been broad-based, with strong growth across low-rise and high-rise home types throughout the Greater Toronto Area,” said Toronto Real Estate Board (TREB) President Richard Silver. “The market has also become better supplied, with annual new listings growth outstripping that of sales. As this trend continues into 2012, we will see more balanced market conditions.”
The average price for November transactions was $480,421, representing an increase of almost 10 per cent in comparison to $437,494 in November 2010.
"Despite strong price growth this year, the housing market remains affordable in the GTA," said Jason Mercer, TREB’s Senior Manager of Market Analysis. "The correct method of assessing affordability is to consider the share of the average household’s income that is dedicated to mortgage principal and interest, property taxes and utilities. Currently, this share remains in line with generally accepted lending guidelines. Given this positive affordability picture, average price growth is forecast to continue in 2012, albeit at a more moderate pace."

The Spring market as we all know can be a very busy time in the world of real estate. That’s when there are usually an abundance of homes for buyers to choose from, making the choice difficult at times.
It also means that there is more competition for the Seller, where pricing the home accurately is more important than ever. Having several other listings in your neighbourhood which are competing with yours, may create a situation where it could take longer than usual to sell your home. This ia also when curb appeal, and first impressions are critical. Remember, it only takes a Buyer 6 seconds to form an impression once they step over the threshold into your front door.
Sellers should consider placing their home on the market before the Spring rush as a good strategy when there are the least amount of homes on the market that could be in competition with theirs.
There are still an abundance of Buyers looking to purchase a home, making it a supply and demand situation. This supply and demand could also, in some situations, create a multiple offer situation for the Seller. 
What you don’t want is a real estate agent using your home to sell the one down the street, the home that is priced more accurately, has more to offer and shows to perfection!
The market here in Mississauga and the Greater Toronto area remains brisk. Here are the most recent sales in the Streetsville area.
| Street Name | Abbr | List Price | Type | Style | BR | GarTyp | Sold Date |
| Oran | Crt | $367,900 | Semi-Detached | Bungalow | 3 | Built-in | 11/7/2011 |
| Bow River | Cres | $379,850 | Semi-Detached | 2-Storey | 3 | Attached | 9/30/2011 |
| Victoria | St | $379,999 | Semi-Detached | Bungalow | 2 | Detach | 10/24/2011 |
| Britannia | Rd | $419,000 | Semi-Detached | 2-Storey | 3 | Built-in | 9/1/2011 |
| Bowshelm | Crt | $419,800 | Detached | Bungalow | 3 | Attached | 9/27/2011 |
| Shandwick | Pl | $429,900 | Detached | 2-Storey | 3 | Attached | 10/21/2011 |
| Hammond | Rd | $434,900 | Semi-Detachd | Bungalow-R | 3 | Built-in | 9/15/2011 |
| Wareham | Dr | $467,500 | Detached | Bungalow | 3 | Detached | 9/27/2011 |
| Ardsley | St | $469,000 | Detached | Sidesplit | 3 | Carport | 10/20/2011 |
| Mullet | Dr | $479,000 | Detached | 2-Storey | 3 | Built-in | 9/1/2011 |
| Britannia | Rd | $479,900 | Detached | Bungalow | 3 | Attached | 10/6/2011 |
| Ellesboro | Dr | $489,000 | Detached | Sidesplit | 3 | Built-in | 9/2/2011 |
| Ardsley | St | $489,900 | Detached | Bungalow | 3 | Attached | 10/12/2011 |
| Ellesboro | Dr | $519,700 | Detached | Bungalow | 2 | Attached | 9/20/2011 |
| Matlock | Ave | $519,999 | Detached | Bungalow-R | 3 | None | 10/19/2011 |
| Ellen | St | $534,800 | Detached | 2-Storey | 3 | Carport | 11/4/2011 |
| Alpha Mill | Rd | $599,900 | Detached | 2-Storey | 5 | Attached | 10/24/2011 |
| Kenninghal | Blvd | $609,000 | Detached | Bungalow | 3 | Detached | 10/1/2011 |
| Queen | St | $619,000 | Detached | Bungalow | 3 | None | 10/11/2011 |
| Ellen | Dr | $629,900 | Detached | Sidesplit | 3 | Attached | 10/4/2011 |
| Turney | Dr | $649,900 | Detached | 2-Storey | 4 | Attached | 9/1/2011 |
| Alpha Mill | Rd | $699,900 | Detached | 2-Storey | 4 | Attached | 10/31/2011 |
| Kenninghal | Blvd | $699,900 | Detached | 2-Storey | 4 | Attached | 10/13/2011 |
| Turney | Dr | $714,900 | Detached | 2-Storey | 4 | Attached | 10/7/2011 |
| Steen | Dr | $738,800 | Detached | 2-Storey | 4 | Attached | 11/7/2011 |
| Roy | Dr | $779,000 | Detached | 2-Storey | 4 | Attached | 11/4/2011 |
| Queen | St | $803,000 | Detached | 1 1/2 Storey | 0 | None | 9/12/2011 |
| Turney | Dr | $849,000 | Detached | 2-Storey | 5 | Built-in | 10/27/2011 |
| Hillside | Dr | $1,228,000 | Detached | 2-Storey | 4 | Attached | 10/13/2011 |
A Day Set Aside for Those Who Made the Ultimate Sacrifice for the Freedom We All Enjoy Today.
On the 11th hour of the 11th day of the 11th month, Canadians are asked to pause in memory of the thousands of men and women who sacrificed their lives in military service. These brave men and women fought in the First World War, the Second World War, in Korea, and Afghanistan. Remembrance Day commemorates the armistice signed between the Allies of World War I and Germany at Compiegne, France. This took effect at eleven o'clock in the morning - the "eleventh hour of the eleventh day of the eleventh month" of 1918.
Why the Poppy to Commemorate this Day?

Our Canadian troops made extreme sacrifice and played a critical role in the D-Day invasion of 1944 at the Battle of Normady, which was a major turning point. More than 5,000 were killed in the invasion of France. Our Canadian army also played a significant role in the liberation of the Netherlands, ending in 1945. We forged a strong friendship between the two countries that lasts to this day.
In the Korean War 26,792 Canadians served between 1950 and 1953 at the battles of Hill 355 and Hill 187. They fought under horrific conditions fighting in swamps, through torrential rain and snow, in rice fields,and both in the air and at sea.
Our brave men and women continue to serve our country and Canada has increased its military involvement in Afghanistan since the Taliban regime fell in 2001.
So On November 11th, at the 11th hour, please... stop your busy lives and take a moment to reflect and remember those who sacrificed their lives, Canadian, American, and from all over the world in these horrendous wars. They made the ultimate sacrifice for us... for the very freedom we all enjoy today.
Buy a poppy.. and wear it proudly!
POWER OF SALE PROPERTIES - THINGS YOU SHOULD KNOW
Many people are under the misconception that power of sale properties are a "great deal." This is not necessarily the case. Please view my video for information you should be aware of to make an informed decision.
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