Nothing is Impossible

Whether Buying or Selling, we will help you along the way. We love helping people Buy and Sell real estate. The Mash Team has over 40 years experience and will help you thru-out the process. You can get us on Facebook, Twitter, Linked-In, Home and Land Magazine, http://www.TheMashTeam.ca or thru the office at 1 888-472-2767.

Buying Fixer Uppers vs NEW Homes

Realtor’s hanging out  around campfire speaking about buying new homes vs buying a home and fixing one up. There are lots of  great opportunities in the Durham Region to buy well priced homes when you look at our prices compared to large cities. For more information, please contact the John and Linda Mash at http://www.TheMash.Team.ca or call the offer for appointment for free no obligation consultation at 1-888-472-2767. Find us on Facebook, Linked-in, or Twitter.

Real Estate and Spouse Dying

The Mash Team speaks about what you should know when dealing with the death of a spouse. For more information, please contact the Linda Mash at http://www.TheMash.Team.ca or call the offer for appointment for free no obligation consultation at 1-888-472-2767. Find us on Facebook, Linked-in, or Twitter.

Divorcing and Buying and Selling

When a marriage falls apart, someone will need to deal with the matrimonial home. The Mast Team is here to help you thru the process. For more information, please contact the Linda Mash at http://www.TheMash.Team.ca or call the offer for appointment for free no obligation consultation at 1-888-472-2767. Find us on Facebook, Linked-in, or Twitter.

Beware of the Pitfall When Selling Yourself

Who is Looking out for you when you try and negotiate the Terms and conditions of an agreement to Buy or Sell Real Estate.  Why its important to hire the right Professional. Most times they will actually save you time and money. Would you want to self diagnose if you have an illness or have a Doctor help you thru the process. This is what realtors are trained to do. Help you buy and sell Real Estate. We know the market. For more information please go to http://www.TheMashTeam.ca or call 1 888-472-2767. Find us on Face Book, Linked-in and Twitter.

Community is Important

Giving back to the community is very important to the Mash Team. 4 Years ago Debbie (John’s Niece) gave him the ultimate gift of life, a Kidney.  This enables John to not be restrictive in what he eats and drinks and no longer has to do home hemo dialysis. We are so thankful for all the support we have received from Lakeridge Health Oshawa and The Kidney Foundation of Canada. For more information about the charties we support  contact us the TheMashTeam.ca website.

Avoid Using the Wrong Realtor

When hiring a realtor, be sure to hire one that will listen to you, understand your needs and your wants and will only show you homes that fit your criteria. The Mash Team has over 40 years experience and will help you thru-out the process. You can get us on Facebook, Twitter, Linked-In, Home and Land Magazine, http://www.TheMashTeam.ca or thru the office at 1 888-472-2767.

 

Greater Toronto REALTORS® Report Latest Monthly Resale Market Figures

Construction/Building — April 3, 2014

Greater Toronto REALTORS® Report Latest Monthly Resale Market Figures

TORONTO, ONTARIO–(Marketwired – April 3, 2014) – Toronto Real Estate Board President Dianne Usher announced that Greater Toronto Area REALTORS® reported strong year-over-year increases in TorontoMLS home sales and the average selling price in March 2014. Home ownership affordability, backstopped by low borrowing costs, continued to be a key factor underlying this growth.

A total of 8,081 sales were reported in March 2014 – up by 7.2 per cent in comparison to March 2013. Sales growth was much stronger in March compared to the first two months of the first quarter. Sales for Q1 as a whole were up by three per cent compared to the first three months of 2013.

“Sales activity in the GTA accelerated last month. Compared to last year, a greater number of buyers found affordable home ownership options, as evidenced by sales growth for all major home types. Against this backdrop, however, overall inventory at the end of March remained lower than last year. This means competition between buyers increased, which is why the average selling price continued to climb,” said Ms. Usher.

The average selling price for March 2014 sales was $557,684 – an increase of almost eight per cent compared to the average reported for March 2013. The average price for the first quarter of 2014 was up by 8.5 per cent year-over-year.

“With borrowing costs remaining low, and in fact declining, strong home ownership demand will continue to butt up against a constrained supply of listings. Strong price growth will be the result for the remainder of 2014. If the pace of price growth experienced in the first quarter is sustained, TREB may revise its outlook for the average selling price,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.

Summary of TorontoMLS Sales and Average Price March 1 – 31
2014 2013
Sales Average Price New Listings Sales Average Price New Listings
City of Toronto (“416”) 2,978 $597,401 5,625 2,826 $560,661 5,470
Rest of GTA (“905”) 5,103 $534,506 9,204 4,711 $491,180 9,148
GTA 8,081 $557,684 14,829 7,537 $517,232 14,618
TorontoMLS Sales & Average Price By Home Type March 1 – 31, 2014
Sales Average Price
416 905 Total 416 905 Total
Detached 1,011 2,926 3,937 898,332 644,237 709,487
Yr./Yr. % Change 6.5% 8.8% 8.2% 6.8% 9.3% 8.3%
Semi-Detached 303 556 859 658,429 436,630 514,867
Yr./Yr. % Change 1.0% 0.0% 0.4% 8.7% 8.4% 8.6%
Townhouse 304 958 1,262 483,639 404,664 423,688
Yr./Yr. % Change 2.7% 10.6% 8.6% 7.7% 9.2% 8.5%
Condo Apartment 1,331 554 1,885 384,865 290,637 357,172
Yr./Yr. % Change 6.9% 14.5% 9.0% 5.1% 4.3% 4.6%

Greater Toronto REALTORS® are passionate about their work. They are governed by a strict Code of Ethics and share a state-of-the-art Multiple Listing Service. Over 38,000 TREB Members serve consumers in the Greater Toronto Area. TREB is Canada’s largest real estate board.

 

Click Here for Full Article: http://dcnonl.com/nw/35820/cb

Toronto home sales in March up from year ago

TORONTO – The Toronto Real Estate Board says home sales for March totalled 8,081, up 7.2 per cent from a year ago.

The increase came as the board also reported the average selling price for the month was $557,684, up almost eight per cent compared with March 2013.

“With borrowing costs remaining low, and in fact declining, strong home ownership demand will continue to butt up against a constrained supply of listings,” said Jason Mercer, the board’s senior manager of market analysis.

The number of new listings for the month totalled 14,829 compared with 14,618 a year ago.

The Toronto sales results followed a report Wednesday that sales in Vancouver also picked up in March.

The Real Estate Board of Greater Vancouver said Wednesday there were 2,641 homes sold, up from 2,347 a year ago.

Worries about the health of the Canadian housing market have persisted in recent months amid concerns it is overvalued and what could happen if interest rates rise.

However, several of Canada’s big banks recently cut mortgage rates as bond yields dipped ahead of the busy spring real estate season.

The Bank of Montreal recently cut a half point from its five-year fixed-rate mortgage offering to 2.99 per cent.

TD Bank (TSX:TD) and Scotiabank (TSX:BNS) also offered rates less than three per cent on certain mortgages.

By The Canadian Press

Click here for full article : http://www.northumberlandnews.com/news-story/4445716-toronto-home-sales-in-march-up-from-year-ago/

Canadian Real Estate Association boosts projections for 2014 home price gains

Canada’s property market is set to perform better than previously thought, with average prices rising 3.8 percent during 2014 to $397,000 (Canadian), 1.3 percent higher than estimated at the start of the year and $20,000 more than forecast in June 2013. Prices are also expected to increase 1.1 percent on average in 2015, says the Canadian Real Estate Association (CREA) in an updated and extended market forecast. Sales volumes are also expected to grow. The Canadian property market, which did not decline as much as other nation during the global crash, has been expected to fall, by some experts, but prices have continued to edge up and rise fast in leading cities, including Calgary, Vancouver and Toronto, and CREA has kept increasing its average home price forecast over the last year Sales in 2014 are forecast to reach 463,700 homes, up 1.3 percent year-on-year and in line with the 10-year average. British Columbia is set to lead the way at 8.3 percent with growth in most other provinces expected to range from 3 percent to -3 percent, although a bigger fall is expected in Nova Scotia. In 2015, Alberta is forecast to post the biggest average price rise of 2.5 percent, with Manitoba at 2 percent and Ontario, Saskatchewan, and Newfoundland and Labrador around 1 percent and others at 0.5 percent. – See more at: http://www.inman.com/2014/04/07/canadian-real-estate-association-boosts-projections-for-2014-home-price-gains/#sthash.JCpKhwAe.dpuf

Click here for full article: http://www.inman.com/2014/04/07/canadian-real-estate-association-boosts-projections-for-2014-home-price-gains/

With You Every Step Of The Way

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