March 2016 Update Report

 
 
 
Mississauga: 905-896-3333      Toronto: 416-762-4200
 
TORONTO REAL ESTATE MARKET UPDATE:     PRICES ARE UP 14.9% - MARKET IS STRONG!
 
Toronto Real Estate Board Members reported a record breaking 7,621 transactions in February 2016 - that's a 21.1% increase in sales compared to same time last year.
 
The new federal mortgage lending guidelings require at least 10% down payment on the portion of purchase prices between $500,000 and $1,000,000.
Despite the new mortgage rules, strong competition between buyers resulted in a growth in selling prices. The average selling price in the GTA was still up by a healthy 14.9% to $685,278.
THINKING OF SELLING?         THINK SUTTON STAGING!
.
Thinking of Selling? Don't Just List Your Home for Sale, Showcase it With Sutton Staging!
Click the link below for 30% off paints and stains at Sherwin Williams. Try their featured colour of the month: Slow Green.

For more staging tips and decor discounts, call me and ask for a Free Staging Consultation!
THIS MONTH'S FEATURED DEVELOPMENT: TEN88 TOWNHOMES
Empire Communities presents Ten88 Townhomes!
** 7% Deposit - Move in 2016 **
Rooftop Terrace Towns From The $400's
7 Minutes, to the town centre, 5 minutes to the movies, 2 minutes to Hwy 401.
Attention Investors: Looking for a new condo with a long closing? Sutton Group Agent's have VIP access to new developments. Simply showing my business card could get you some cool discounts!
FIRST TIME BUYERS - WHAT THEY ARE BUYING ACROSS CANADA
 
905 AND 416 HOUSE PRICE STATS
Greater Toronto Average House Prices
 
 
Toronto House Prices
Thinking of Selling? Think Sutton! 

 
P.S.
Are you sick of scouring the paper and MLS sites looking for homes? Tired of playing telephone tag with agents only to hear the home's already sold? Sit back, relax and let me do the work for you! Whenever a home matching your criteria hits the market, it'll be automatically flagged and emailed to you so you'll never have to worry about missing your dream home. This service is free and there's no obligation! 
 
Not meant to solicit clients already under contract.