Kumar Fireworks Hadapsar Link Road Pune Brochure.pdf
Â
November 2009 Edition: Toronto Real Estate Market Views
1. Market Views
Magda Mo’s
PREFERRED CLIENT NEWSLETTER NOVEMBER 2009
Powerhouse market continues in October Magda Mo
Sales Representative
The exceptionally strong fall resale The average price for October resale
home market continued in October transactions was $423,559 which 416-483-8000
with a total of 8,476 properties sold, was up by a whopping 20% versus
an all-time high for the month of the October 2008 average price of
October. This figure was up by 64% $352,974. More significantly, this
versus a very weak October 2008 and price established a new all-time high
brought year-to-date sales to 74,721 for the GTA resale market, easily
units sold, up a full 9% versus the eclipsing the previous record of
comparable year ago period. The $406,877 which had been set in
resurgence in the market is occurring
across all price ranges, from first-time
September. The average price for the
first ten months of the year now stands
Mortgage
buyer level properties to luxury homes
selling in excess of one million dollars.
at $392,264, which is up by 3% versus
the comparable year ago period. Very
Rate Watch
Low interest rates, growing consumer low inventory (14,771 active listings,
confidence and the pent-up demand down 46% versus October 2008) Posted Rates – Nov 5/09
following a very weak October 2008 - combined with the surging demand
April 2009 period have been the major is driving prices upward at a very brisk Closed Mortgages
factors in this astounding recovery. pace.
1 year 3.80%
2 year 3.95%
3 year 4.45%
Units Sold GTA Resale Home Sales - October 4 year 5.29%
9,000 5 year 5.74%
8,000
Open Mortgages
7,000
6,000 6 month 6.45%
5,000 1 year 6.45%
4,000
The above rates are accurate at the specified date and
3,000
have been supplied by a major bank. There may be
Avg Price $356,423 $394,646 $352,974 $423,559 variations in rates between different financial lending
institutions, and rates are negotiable with individual
lenders. To obtain up-to-date posted rates for all financial
2006 2007 2008 2009 institutions, please consult www.cannex.com.
2. Christmas safety tips
House Smart
Christmas Tree Safety
• A real tree should not lose green needles when you tap it
on the ground.
• Cut 1 inch off the trunk to help absorb water.
• Leave the tree outside until ready to decorate.
• The stand should hold at least 1 gallon of water.
• A 6 foot tree will use 1 gallon of water every two days. • When connecting light strands, wrap a plastic bag around
• Mix a commercial preservative with the water. connections and tie ends with Teflon tape.
• Check the water level every day. • Never use electric lights on a metallic tree, use coloured
• Secure the tree with wire to keep it from tipping. spot lights.
• Keep tree away from floor heaters, fireplaces, or other • Make sure trees hung with Christmas lights are not
heat sources. touching power lines.
• Use only UL-approved lights, and no more than 3 strands • When using candles, place them a safe distance from
linked together. combustibles.
• Use miniature lights - which have cool-burning bulbs. • Place candles in sturdy containers. Remember, hot wax
• Turn off the Christmas lights when you sleep, or if you burns kids.
leave your home for very long. • Extinguish candles prior to going to bed.
• Never use candles, even on artificial trees. • Dispose of fireplace ashes into a metal container until
• Clean the tree stand to improve the tree’s water intake, cold.
use one capful bleach to a cup of water. • After parties, check around and under sofa and chair
• Dispose of the tree properly. NEVER BURN IN THE cushions for smouldering cigarettes. (Provide lots of
FIREPLACE. ash trays)
• Finally, consider an artificial tree (they are much safer and • Install at least one carbon monoxide detector in your
cleaner). home.
• Have an operable fire extinguisher readily available.
Christmas Home Safety
“Safety” Gift Ideas
• Install a smoke detector or new batteries in the one(s) you
have and TEST it. Put together a gift basket containing one or more of the
• Use only outdoor lights outside your home. following items:
• Examine light strings each year, discard worn ones. • Three smoke detectors and batteries.
• Fasten the bulbs securely and point the sockets down to • A quality fire extinguisher.
avoid moisture build up. • A flashlight and batteries or light sticks.
• Connect no more than three strands together. • A first-aid kit.
• Never use indoor extension cords outside. • A carbon Monoxide detector.
• Avoid overloading wall outlets and extension cords. • A mobile phone.
• Keep outdoor electrical connectors above ground and out • A second floor escape ladder.
of puddles and snow. • “Emergency kit” - energy bars, water, battery radio,
• Unplug light string before replacing a bulb. Review the flashlight/light sticks and a first-aid kit packed in a
original package to verify proper wattage and voltage. small travel bag.