Manoj Arora

TORONTO, August 18, 2009 - In the first two weeks of August, Greater Toronto REALTORS® reported 3,832 sales - up 27 per cent compared to the first two weeks of August 2008. The average price for these transactions was up three per cent year-over-year to $383,796.

Read more details on my blog at www.AceTeamRealty.com/blog

TORONTO, August 6, 2009 - In July 2009, Greater Toronto REALTORS® reported a record 9,967 sales, up 28 per cent from July 2008. The average price for July transactions was $395,414 - up by six per cent compared to the same month last year.

"Households confident in their positioning within the current economic environment have taken advantage of housing affordability in the GTA," said TREB President Tom Lebour. "The real estate sector has been one of the sectors making a positive contribution to economic growth in the GTA, not to mention Ontario and Canada more broadly."

Year-to-date sales, at 50,632 are down 1.2 per cent compared to the first seven months of 2008. Average price, at $385,808 is down by less than one-half of one per cent. "The steep drop-off in sales experienced at the beginning of the year has all but dissipated," explained Jason Mercer, TREB's Senior Manager of Market Analysis. "With five months left to go in the year, it is probable that total existing home sales in 2009 will be at or above last year's level."

Read the complete Market Watch Report here

3 Days on the Market, 2 Offers, #10 Cherrytree Drive in Brampton Sold Conditional

It was last Friday I listed this beautiful Condo town house located at 10 Cherrytree Drive in Brampton, we got 2 offers registered on Sunday and by Monday we had this property Sold Conditional. My compliments to the owners who had kept this property very clean. A combination of further de-cluttering, staging of the house and right pricing got this house sold in 3 days.

If you are thinking of selling your property quickly and take advantage of my great marketing plan, call me now for FREE HOME EVALUATION or visit www.MyGTAHomeValue.com for online Evaluation.

Manoj Kumar Arora, Broker of Record

ACE Team Realty Inc., Brokerage

www.AceTeamRealty.com

Find your dream home at www.FindMyGTAHome.com

yes....13 offers were registered till yesterday on a power of sale property in Mississauga which has been on the market for 3 days. Is it the price of the house or the Power of Sale attraction or what?

Real Estate market specially in Mississauga has been very active in the last little while. The properties which were not selling a few months ago, are going within 7-10 days with multiple offers. If you have been thinking of selling your home, now is the time to get in and take advantage of this renewed buyer's frenzy. If you want to know the market value of your Mississauga Home, please visit at MyGTAHomeValue.com for a complimentary Market Analysis of your property value. If you are a buyer and still sitting on the fence, now is the time to get into the action, there are still some great real estate deals out there in Mississauga. Moreover the Interest Rates are still very low, so take advantage of these great times. You can also take advantage of our FREE MLS Home Search service at FindMyGTAHome.com.

If you have any questions about any Mississauga, Brampton property you are interested in, please feel free to give me a call or email me now.

...... says Mark Carney, Governor of the Bank of Canada. Mr. Carney addressed a press conference following the release of the Monetary Policy Report this morning. As per Governor: