The Bank of Canada announced this morning that it will leave its key interest rate unchanged and restated its commitment to holding this rate steady until mid-2010, conditional on the outlook for inflation. In its statement the Bank declared that “recent indicators point to the start of recovery in major economies, supported by aggressive policy stimulus and the stabilization of global financial markets.”
Lenders are expected to keep their prime lending rate steady. Variable-rate mortgages, variable-rate credit cards, and home equity lines of credit are typically linked to a lender’s prime rate.
However, in recent weeks the pricing of new variable-rate mortgages in relation to the prime rate has improved, especially in the case of 3-year and 4-year variable products. Romana, a mortgage professional, can provide full details on variable rate mortgages and the deals now available.
While pricing for fixed-rate mortgages is not directly affected by today’s announcement, rates on certain fixed products have been declining recently.
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I proudly server buyers and sellers in the Toronto Neighbourhoods -Toronto Neighbourhood Mapsof: Forest Hill, Cedarvale, North York, North Toronto, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas.
Whether you're buying or selling and looking for a Toronto Realtor or feel free to e-mail or phone us and we will be happy to guide you through your real estate experience.
I am never too busy for any of your referralsDiane Plant, Broker
Re/Max Realtron Realty Inc, Brokerage
(416) 782-8882
Our first 'Whistle Stop' is in the heart of Weston, meeting at the GO station platform at 8:30 to kick off the event. Our goal is to walk the corridor meeting up with others at other various Whistle Stops along the way and having a massive rally at Sorauren Park. After this part of the event, the Human Train will continue down the corridor to Queen West where they will be met by artists and residents, continuing along Queen Street to the Liberty Village area. It will be a wonderful day of community spirit and proof of the vibrancy of our neighbourhoods and what we are trying to protect from the 8-fold increase in diesel train traffic. Please wear blue to signify your participation if possible. Placards are welcome!
If you could please send out to your various connections both in the residential and business communities whether they are in the Corridor or beyond, we'd very much appreciate it! If you are interested in volunteering or have suggestions, please contact me at this email address. I am attaching the colour poster and a fact sheet -- wherever you can post them would be wonderful. For more information, please visit our website: www.cleantrain.ca.
See you at the first Whistle Stop! Woo-woo!
1. What Is the Metrolinx Proposal?
2. How Frequently Will the Trains Run?
3. Who Will Be Affected?
4. Does This Plan Take the Health of Toronto Residents into Account?
5. How Polluting Is Diesel?
6. Why Should I Worry? I Don't Live Near the Tracks.
7. What Is the Clean Train Coalition?
8. What Does the Clean Train Coalition Want?
9. Hasn't Metrolinx Announced a Study on Electrification?
For further information on the Clean Train Coalition,
please see www.cleantrain.ca Do you know about plans to run over 450 diesel trains per day through our neighbourhoods?
Frequently Asked Questions
The Clean Train Coalition represents the communities along the rail corridor. We believe that a healthy environment and vibrant neighbourhoods depend on smart investment in public transit infrastructure. Build it once, build it right!
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I proudly server buyers and sellers in the Toronto Neighbourhoods -Toronto Neighbourhood Mapsof: Forest Hill, Cedarvale, North York, North Toronto, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas.
Whether you're buying or selling and looking for a Toronto Realtor or feel free to e-mail or phone us and we will be happy to guide you through your real estate experience.
I am never too busy for any of your referralsDiane Plant, Broker
Re/Max Realtron Realty Inc, Brokerage
(416) 782-8882
Strong Sales Increases Continue in August
August 2009, Greater Toronto REALTORS® reported 8,035 sales, up 27% per cent from August 2008. The average price for August transactions was $387,921 – up by six per cent compared to the same month last year.
“The increase in demand for existing homes has been widespread across different housing types and price ranges,” said TREB President Tom Lebour. “This suggests many categories of home buyers have chosen to make a long-term investment in housing, from first-time buyers to move-up buyers or buyers who are seeking a lifestyle change.”
Year-to-date sales, at 58,421 were up two per cent compared to the first eight months of 2008. Average price, at $385,978 was up by less than one-half of one per cent. “We have heard more positive economic news lately. The improved housing market has played a key role,” explained Jason Mercer, TREB’s Senior Manager of Market Analysis. “Home sales have helped other sectors of the economy through home buyers’ spending on things like financial and legal services, moving, renovations and home furnishings.”
"We have heard more positive economic news lately. The improved housing market has played a key role," explained Jason Mercer, TREB's Senior Manager of Market Analysis. "Home sales have helped other sectors of the economy through home buyers' spending on things like financial and legal services, moving, renovations and home furnishings."
Median Price In August, the median price was $338,000, from the $318,000 recorded during August of 2008.
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I proudly server buyers and sellers in the Toronto Neighbourhoods of: Forest Hill, Cedarvale, North York, North Toronto, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas.
Whether you're buying or selling and looking for a Toronto Realtor feel free to e-mail or phone us and we will be happy to guide you through your real estate experience.
ReMax Realtron Realty Inc, Brokerage
(416) 782-8882
I am please to announce that my partner, Jeremy Plant, and I have moved to ReMax Realtron Realty Inc, Brokerage. This is a very high energy company and we look forward to this positive move.
I am looking forward to reconnecting and working again with realtors that were in previous companies with me.
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I proudly server buyers and sellers in the Toronto Neighbourhoods of: Forest Hill, Cedarvale, North York, North Toronto, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas.
Whether you're buying or selling and looking for a Toronto Realtor or feel free to e-mail or phone us and we will be happy to guide you through your real estate experience.
ReMax Realtron Realty Inc, Brokerage
(416) 782-8882
Summer homes sales remain steady, with little significant change over last week.
The dollar values of homes sold have decreased in the East West and Central North had a slight increase. The decrease in total is 2%.
| July 23, 2009 | |||
| Region | Area Sales | Av. Price | $ |
| East | 518 | $305,849 | -1% |
| West | 925 | $363,822 | -3% |
| Central | 430 | $500,681 | -4% |
| North | 546 | $434,429 | 0 |
| Total | 2,398 | $392,554 | -2% |
NOTE: Please note these are preliminary figures. Minor adjustments may be required at month's end.
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I proudly server buyers and sellers in the Toronto Neighbourhoods of: Forest Hill, Cedarvale, North York, North Toronto, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas. Whether you're buying or selling and looking for a Toronto Realtor or feel free to e-mail or phone us and we will be happy to guide you through your real estate experience.
Diane Plant, Broker
Forest Hill Real Estate Inc, Brokerage
(416) 488-2875
BUYERS IN TORONTO NEIGHBOURHOODS
SELLERS IN TORONTO NEIGHBOURHOODS
I am an award winning Real Estate Broker in Toronto, Ontario Canada for over 21 years. I sell all over Greater Toronto with my son Jeremy. Representing buyers and sellers. "PLANTING ROOTS"
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