Congratulations!

Hope everyone that won tickets will enjoy the game.  I will contact you all today and remember to pick up the tickets at

Re/Max Realty Services Inc. Brokerage,

391 Main Street North,

Brampton, On

Do You Want to Go to Saturdays Game?
Do You Want to Go to Saturdays Game?

Argo’s Game Saturday August 1, 2009 @ 1pm

 

If you would like tickets to see the Argo’s on Saturday at 1pm please comment on this blog or send me an email to Ruth@RuthBallantyne.com.  I am providing 50 Tickets to the first requests that I get that total 50 tickets.  Please let us know how many tickets you need and name the people you are going to take.  Maximum 6 per person.  Once the tickets are gone…. they are gone.

Tickets to be picked up at : Re/Max Realty Services Inc. Brokerage

                                                        391 Main Street North,

                                                        Brampton, On 905-456-1000

Sales Up 27 Per Cent in First Two Weeks of July

GTA REALTORS® report sales up first two weeks of July
TORONTO, July 20, 2009 – In the first two weeks of July, Greater Toronto REALTORS® reported 4,437 sales up 27 per cent compared to the first two weeks of July 2008. The average price for these transactions was up four per cent year-over-year to $394,750.
“The resurgence in home ownership demand experienced in the spring has continued into the summer. Home buyers continued to take advantage affordable market conditions in the first half of July,” said TREB President Tom Lebour. “If the mid-month results carry forward, we may see the best July on record.”
Year-to-date sales, at 45,213 are down four per cent compared to 2008. Average price, at $384,645 is down one per cent.
“The GTA housing market has held up very well this year given the current economic climate, especially relative to past economic slow-downs,” explained Jason Mercer, TREB’s Senior Manager of Market Analysis.
“The cost of borrowing has been key. With inflation in check, the Bank of Canada has been able to aggressively lower interest rates – an option that wasn’t available in the early 1990s or early 1980s.”
Summary Of July Sales And Average Price
July                                                         2009                                                                       2008
                  #Sales                      Average Price                       #   Sales                          AveragePrice

(“416”)    1,703                         $419,754                                   1,369                            $419,199

(“905”)    2,734                       $379,174                                    2,128                            $353,257

GTA         4,437                      $394,750                                     3,497                           $379,072
Source:  Toronto Real Estate Board

Rick and Team Sea Jay come in 3rd in Lake Ontario 300

Sea Jay - Lake Ontario 300 Race
Sea Jay - Lake Ontario 300 Race

Last week, my huband Rick and 4 friends raced in the Lake Ontario 300 Race on Sea Jay, Jim Johnstone’s 30′ Hunter Sailboat.  Many of you will know that I surprised Rick with a small sail boat last year and that he has been Racing at the Club on Mondays and Wednesday with Jim, Neil, and Peter.  The 4 of them, along with Jim’s old friend Frank set out from the Port Credit Yacht Club last Saturday and sailed 300 miles around Lake Ontario.  The sailed up and around Main Duck Island, then along the South Shore of Lake Ontario to the Niagara River Mark and back to Port Credit.  They arrived home on Tuesday in the wee hours around 2 o’clock.  Congratulations to them and ….  keep practicing for first place next year!

Just to let you know a New Newsletter is available.

The latest version of our HomeMarketWatch Insider newsletter
is now available on our website at:
http://ruthballantyne.com/redir.asp?page=gold_newsletter.asp&t=sicNews

Each month, we publish a series of articles of interest to
homeowners — money-saving tips, household safety checklists,
home improvement advice, real estate insider secrets, etc.
Whether you are currently in the market for a new home, or not,
we hope that this information is of value to you.  Please feel
free to pass these articles on to your family and friends.

This month’s features…

FEATURE REPORT:
– How To Reduce Crime In Your Neighborhood

ALSO THIS MONTH:
– 6 Mistakes To Avoid When Trading Up to a Larger Home
– Summer Health Dangers

—————————————————————–
*** THERE’S MORE ON THE WEB… ruthballantyne.com ***

Hire My Entire Team For LESS Than the Price of One Agent:
http://ruthballantyne.com/redir.asp?page=team.asp&t=sicNews

FREE Quick Over-the-Net Evaluation:
http://ruthballantyne.com/redir.asp?page=homeeval.asp&t=sicNews

Find Out What the Home Down the Street Sold For:
http://ruthballantyne.com/redir.asp?page=gold_findout.asp&t=sicNews

How To Beat Out Other Buyers to Hot New Listings:
http://ruthballantyne.com/redir.asp?page=vip_buyer.asp&t=sicNews

Ask One of Our Experts Your Real Estate Question:
http://ruthballantyne.com/redir.asp?page=gold_askexpert.asp&t=sicNews

Find Out How Much You Can Afford In Your Next Home:
http://ruthballantyne.com/redir.asp?page=silver_mortgagecalc.asp&t=sicNews

Look the Market is Hot!!!

  Reuters

Canadian existing home sales, prices jump in June

Tue Jul 14, 2:21 PM

OTTAWA (Reuters) - Sales of existing homes in Canada jumped 31.5 percent in the second quarter from the first and saw their first year-over-year quarterly increase since before the peak of the financial crisis, the Canadian Real Estate Association said on Tuesday.
Enlarge Photo

(Reuters)

OTTAWA (Reuters) – Sales of existing homes in Canada jumped 31.5 percent in the second quarter from the first and saw their first year-over-year quarterly increase since before the peak of the financial crisis, the Canadian Real Estate Association said on Tuesday.

The industry group said actual home sales totaled 147,351 units in the second quarter of 2009, up 1.4 per cent from the same quarter of 2008.

Home sales rose 8.7 percent in June from May on a seasonally adjusted basis. They were up 17.9 percent from June 2008, using nonseasonally adjusted figures.

“This is on par with the record for the month of June set in 2007 and is the fourth highest ever for activity in any month on record,” CREA said in a report.

A total of 41,304 homes changed hands in the month.

The report is the latest piece of evidence showing that consumers are venturing back into the home market, encouraged by low mortgage rates and signs that the worst of the recession is over.

“The recovery in the Canadian housing market continued in earnest in June …,” said Millan Mulraine, economics strategist at TD Securities.

“With prices remaining quite favorable and low borrowing rates enhancing affordability, it is likely that this uptick in sale activity may continue for some time as the recovery in the housing sector takes hold,” he said.

The average home price rose 3.6 percent year-over-year to a record high C$326,613 (about $287,000) in June.

On a quarterly basis, the average price was up 0.5 percent from a year earlier to C$318,696.

But CREA said strong sales activity in a handful of very expensive markets was distorting the national average to make prices look unusually high.

Sales growth in Vancouver, Toronto, Montreal, Calgary and Edmonton contributed the most to the national increase.

The inventory of unsold resale homes — measured as the number of months it would take to sell the stock of houses at current sales rate — fell to its lowest level since August 2007 at 4.2 months.

“Clearing out excess resale inventories is an important step toward witnessing a more material recovery in new housing construction, which is value-added and does impact GDP growth,” said Derek Holt, economist at Scotia Capital.