Here's the percentage of what resale homes in Toronto and the GTA sold for in the month of April. There are more stats on my website, www.gtamoves.com or www.vitopirri.com .
Why, why, why, are we paying over 90 cents a litre in the GTA for a litre of gas when the price of a barrel of oil is around 55.00?
I speculate it's pure greed on the part of the oil companies who have seen their profits from drilling/exploring plummet. What was the price of gas per litre the last time oil was at this price?
I'm angry now! I finally had to do something, so I sent an email to the PM today asking if he can explain why.
Thanks for listening.
The TSX is up 33% from its low the last 5-6 weeks alone, oil is at $57 from its low of $33, the real estate market in Toronto is very very healthy, the swine flu is nowhere near a pandemic, what ever happened to that computer virus that was supposed to destroy the world April 1st? Remember Y2K? Enjoy the beautiful weather!!!
I just received an email with a marketing promotion. Buy two homes, one in Schomberg, Ontario and the other in Wildwood, Florida. How much will this cost you ask? Buy two homes priced from the low 300's (total for both). Now that is genius. Whoever thought this up should get a promotion or (dare I say) a great big bonus, if it works.
Here's the link: http://www.triumphliving.ca
You know, if I could, I'd jump right on this. This approach is definately thinking outside the box.
As promised yesterday, here are the April 2009 Sales Statistic for resale transactions in the Greater Toronto Area. You can always visit my website, www.gtamoves.com or www.vitopirri.com for all your real estate needs.
Greater Toronto REALTORS® report 8,107 Resales in April.
Toronto, May 6, 2009 - In April 2009, Greater Toronto REALTORS® reported 8,107 sales - down seven percent from April 2008. Wile April sales remained lower than last year, the resale housing market gained momentum on a month-over-month basis. The seasonally adjusted annual rate of sales in April, at 80,900, was up 26 per cent from March and up two-thirds compared to January's ten-year low.
"Conditions in the resale housing market have improved markedly this spring," according to TREB President Maureen O'Neill. "Home purchases have increased as household have taken advantage of low interest rates and slight lower home prices."
The apver price for April transactions was $385,641 - down three per cent from last year.
"The rate of average price decline continued to diminish last month. This is due in large part to a tightening in the resale market," stated Jason Mercer, TREB's Senior Manager of Market Analysis. "The level of sales relative to new listings increased in April."
Summary of April Sales and Average Price 2009 -2008
City of Toronto ("416"): 2009 Sales = 3,222 Avg Price = $421,470 2008 Sales = 3,467 Avg Price = $446,781
GTA: 2009 Sales = 8,107 Avg Price = $385,641 2008 Sales = 8,762 Avg Price = $398,687
Rest of GTA ("905"): 2009 Sales = 4,885 Avg Price = $362,009 2008 Sales = 5,295 Avg Price = $370,274
A brokerage located in west Toronto serving the entire GTA with a group of professional agents on the largest Real Estate Network in the world, Re/Max!
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