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Scratching your head to Why the Real Estate Market So HOT in Toronto, MARKHAM, GTA?
If you are not in the market to buy... you are blissfully unaware of the madness and the head scratching that is going on in the Toronto Real Estate Market.
May 2011 sales were up by six percent to 10,046 from 9470 last year.
The average price has sky rocketed in May 2011 at $485,520 from May 2010 of $446,593 that is a whopping nine percent difference.
But what is causing the "PRICES" to keep "RISING"?
Why is this all happening?
It's simple... housing SUPPLY is down by a remarkable 15% - that is over 2000 fewer homes For Sale in the Greater Toronto market compared to last year at this time.
The past two to three months have been a Seller's Market... and expect it to continue unless supply rises drastically or interest rates increase rapidly!
I'm hoping people's "greed" :) will get them to list and this might also help to chill this feverish market. The last thing we need is a "market correction".
Most of this increases are in single-detached homes sold in Toronto.
If you are still scratching your head after reading this... but are looking to sell your house or condo, give me a call and we'll be happy to help you.
Jas Jagpal, BROKER: 647-272-6629 jasjagpal@gmail.com
Jess Jagpal, Sales Representative : 416-312-9742 teamjagpal@rogers.com
GET A FREE SELLER CONSULTATION & CMA - Click Here
Sign Up For Vip Savings with Jas. BUY • SELL • INVEST • Assign • Lease in the GTA.
Join my FACEBOOK FAN PAGE - "REAL ESTATE NUGGETS".
RE/MAX Dynasty Realty Inc. O: 905-471-0002 Cell: 647-272-6629
E: jasjagpal@rogers.com W: www.JasJagpal.com W: www.TheTorontoCondoRealEstate.com
© 2011 Jas Jagpal, BROKER, BSc. York University
Amacon's Mississauga Parkside Village Condos: 1- Day Pre-Construction VIP Event
It is a one day Broker event. If you are seriously interested in VIP condo... to live or invest in and get first choice and save money - email me for Floor Plans and Price list and a Work sheet that you will complete and send back to me.
Prices for 1BR start at: $235,900K and 2BR at $333,900
One day Event May 3rd.
20% Deposit Structure 1BR, 1BR+D units
$2000 with Offer. Balance of 5% in 30 Days
5% in 90 Days
5% in 270 Days
5% on Occupancy
Tentative Occupancy Dec 2013
Price includes 1 Parking and 1 Locker. Additional paring at $23K
Maintenance Fee $0.52 Sq. Ft. (includes Heat, AC, Water) Hydro Metered Separately.
Save additional $2000!
15% Alternate Deposit Structure for 2BR + D units (don't pay 5% on occupancy)
Jas Jagpal, VIP Broker RE/MAX Dynasty Realty Inc.
A maximum of 2 draw tickets for every trade in real estate. (Referral ticket & Seller ticket ; Referral ticket & Buyer ticket). 1 draw ticket for every trade in real estate where there is no referrals. (Seller ticket or Buyer ticket). You have 1 in 4 chance of winning an ipad2. Draw tickets to be given to all Buyers, Sellers, Leasers, Assigners, Referrers that result in a trade of real estate starting March 21st, 2011 to Aug 31st, 2011. Draws will be held on Sept 4th, 2011. Winners will be notified by Newsletter, E-mail and by phone and agree to have their name published on Jas's print and web marketing material.
GET A FREE SELLER CONSULTATION & CMA - Click Here
Sign Up For Vip Savings with Jas. BUY • SELL • INVEST • Assign • Lease in the GTA.
Join my FACEBOOK FAN PAGE - "REAL ESTATE NUGGETS".
RE/MAX Dynasty Realty Inc. O: 905-471-0002 Cell: 647-272-6629
E: jasjagpal@rogers.com W: www.JasJagpal.com W: www.TheTorontoCondoRealEstate.com
© 2011 Jas Jagpal, Sales Representative, BSc. York University
The Nicest Present - Merry Christmas & Happy New Year
The Nicest Present
Under the tree the gifts enthrall,
But the nicest present of them all
Is filling our thoughts with those who care,
Wanting our Christmas joy to share.
To you, whom we're often thinking of,
We send our holiday joy and love.
Joanna and Karl Fuchs
Merry Christmas and Happy New Year 2011.
Jas Jagpal and Family.
Support Habitat For Humanity - Join Jas in Toronto New Years Polar Bear Dip 2011
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Jas Jagpal, BSc. York University - Toronto RE/MAX Sales Representative
Cell: 647-272-6629 O: 950-471-0002 F: 905-471-7441
Sign Up For Vip Savings with Jas. BUY • SELL • INVEST in the GTA.
Do you own a Condo at Scarborough Town Centre and looking to sell?
Consider getting Jas's Flat FEE MLS Listing and SAVE Money.
© 2010- Jas Jagpal,
Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos, Toronto Real Estate: www.JasJagpal.com
Posted on: www.1stoprealestate.ca : www.LinkToMorningside.com: www.MarkhamBoxgrove.com
December - Toronto Real Estate Report- Balanced, Looking Good
The figures for November have come in and as was expected the number of transactions in the GTA are 13 per cent lower at 6510 in November 2010 from 7,446 in November 2009.
On a month-over-month basis, the seasonally adjusted annual rate of sales increased for the fourth straight month to 88,100.
Though we have seen a tightening of the resale market in the GTA... the market continues to be healthy with the average price is up five percent compared to November 2009 at $438,030.
More recently, on my listings, I have seen in the past few weeks a lot more Buyer showings. There was a lull from Mid-October to Mid-November but consumer's are showing confidence in the Canadian Housing Market.
Last weeks RBC Q3 report showing that homes were more affordable in the third quarter may be helping Buyer's confidence and getting them back in the market. It also helps that the Bank of Canada is holding the overnight rate at 1%. This will continue to keep the Mortgage rates low and keep housing affordable for the average family in the GTA.
So what should be expect in 2011?
Well, Jason Mercer, TREB's Senior Manager of Market Analysis says we should "expect the average selling price to grow at a moderate pace". In other words... we have a balanced market and it is a great time for Buyers to buy, upgrade, downsize or invest and Sellers to put their house or condo on the market.
While you are in the Christmas, Holiday spirit, please take a moment to support Habitat for Humanity and making your tax deductible donation. Receipts will be e-mailed to you. Thank you for your generosity.
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Support Habitat For Humanity - Join Jas in Toronto New Years Polar Bear Dip 2011
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Jas Jagpal, BSc. York University - Toronto RE/MAX Sales Representative
Cell: 647-272-6629 O: 950-471-0002 F: 905-471-7441
Sign Up For Vip Savings with Jas. BUY • SELL • INVEST in the GTA.
Do you own a Condo at Scarborough Town Centre and looking to sell?
Consider getting Jas's Flat FEE MLS Listing and SAVE Money.
© 2010- Jas Jagpal,
Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos, Toronto Real Estate: www.JasJagpal.com
Posted on: www.1stoprealestate.ca : www.LinkToMorningside.com: www.MarkhamBoxgrove.com
Penthouse Condos- ULTRA at Heron Hills - Starting 1BR at $239,990
Dec. 5th, 2010
Penthouse- ULTRA at Heron Hills - 404 & 401 - Starting 1BR at $239,990
This is your chance to pickup a PH suite at Monarch's ULTRA near the HWY 404 and Sheppard Ave.
Minutes to Fairview Mall, seconds to the HWY 404 and 401. Exhilarating panoramic views of the city.
Amazing: 1BR- 517 Sq. Ft from $239,990
1BR + D = 665 Sq Ft from $299,900
2BR from $329,990 and 2BR + D from $414,990
FREE Granite Kitchen Countertops, & Stainless Steel Kitchen Appliances. Locker and 1 Parking Included.
SPECIAL DISCOUNTS when you purchase with me. Plus I help you sell your condo at reduced commission.
$2,000 off* on 1 bedroom suites
$3,000 off* on 1 bed + den suites
$4,000 off* on 2 bedroom suites
$5,000 off* on 2 bed + den suites
Sizes range from 517 sq.ft. to 930 sq.ft.
Deposit Structure
5% on Signing
5% in 60 Days
5% in 180 Days
5% in 365 Days
(5% on Occupancy - June 2012)
Maintenance
- Estimate at 0.47 per Sq Ft. (Includes heating, air conditioning, water, building insurance & upkeep of common area. Excludes Hydro - metered separately)
- Parking Maintenance Fee - $35.88/ month Locker Maintenance Fee - $12.48/ month
Limited Number of Suites and will sell quickly.
Building Features:
- 38 Storey Tower with a 5 storey podium
- 413 Suites
- Fitness room, cardio, yoga,
- His/ Her Saunas
- Theatre
- Billiards Room with TV
- Party room with full kitchen, bar, seating lounge, dining area, big screen TV
- 24 Hour Concierge/ Security
- Shuttle service to Don Mills subway station at Fairview Mall
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Jas Jagpal, BSc. York University - Toronto RE/MAX Sales Representative
Cell: 647-272-6629 O: 950-471-0002 F: 905-471-7441
Sign Up For Vip Savings with Jas. BUY • SELL • INVEST in the GTA.
Do you own a Condo at Scarborough Town Centre and looking to sell?
Consider getting Jas's Flat FEE MLS Listing and SAVE Money.
© 2010- Jas Jagpal,
Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos, Toronto Real Estate: www.JasJagpal.com
Posted on: www.1stoprealestate.ca : www.LinkToMorningside.com: www.MarkhamBoxgrove.com
