Thanks so much Clover, Jason, Isabel and Ryan.



I was totally surprised to receive this lovely edible bouquet of Chocolate Strawberry’s.  The note said: “With Heartfelt thanks,  Clover,  Jason, Isabel and Ryan”.

It was a pleasure selling your home and helping you find a new one.  You were a pleasure to work with.

All the best in the new home.  Hope you will all love it there.


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  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:

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…

– How To Reduce Crime In Your Neighborhood

– 6 Mistakes To Avoid When Trading Up to a Larger Home
– Summer Health Dangers


Hire My Entire Team For LESS Than the Price of One Agent:

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Find Out What the Home Down the Street Sold For:

How To Beat Out Other Buyers to Hot New Listings:

Ask One of Our Experts Your Real Estate Question:

Find Out How Much You Can Afford In Your Next Home:

Look the Market is Hot!!!


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


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.

Pressure on the Government from the Canadian Real Estate Association results in Proposed Changes

Changes Proposed for HST on New Housing

June 19, 2009 — The provincial government has announced some proposed changes to the way it would apply the proposed Harmonized Sales Tax (HST) to the purchase price of newly constructed housing. The provincial government has also announced proposed transitional details for newly constructed properties.

The provincial government has announced that it intends to combine the eight percent Provincial Sales Tax with the five percent federal Goods and Services Tax, creating a 13 percent Harmonized Sales Tax (HST).
• The HST is NOT YET IN EFFECT. The provincial government has indicated that it intends to bring the HST into effect beginning on July 1, 2010.
• HST will not apply on the purchase price of re-sale homes.
• HST would apply to services such as moving cost, legal fees, home inspection fees, and REALTOR® commissions.

Proposed Changes for New Housing Rebate
HST will apply to the purchase price of newly constructed homes. Originally, the provincial government indicated that it would provide a rebate to ensure that, on average, new homes under $400,000 would not be subject to an additional tax burden. Homes priced between $400,000 and $500,000 would be eligible for a portion of the rebate, and homes priced above $500,000 would be subject to the full HST. However, the provincial government is proposing some significant enhancements to these rebates, as follows:
• Enhanced new housing rebate – The province is proposing to enhance the new housing rebate so that new homes across all price ranges would receive a 75 per cent rebate of the provincial portion of the single sales tax on the first $400,000. For new homes under $400,000, this would mean, on average, no additional tax amount compared to the current system.
• New rental housing rebate – Similar to the enhanced new housing rebate, the province is proposing a rebate for new residential rental properties. This proposed rebate would support affordable rental housing across Ontario.

Proposed Transitional Rules for New Housing
The province is also proposing transitional rules for new housing. Generally, as part of the transitional rules, sales of new homes under written agreements of purchase and sale entered into on or before June 18, 2009 would not be subject to the provincial portion of the single sales tax, even if both ownership and possession are transferred on or after July 1, 2010. The tax would also not apply to sales of new homes under written agreements of purchase and sale entered into after June 18, 2009 where ownership or possession is transferred before July 1, 2010.

More Detail
Additional detail on the proposed enhancements to the new housing rebate, rental housing rebate, and new housing transition rules is available from the Provincial Government here.

Fantastic June So Far in GTA

Everyday I am asked at least 10 times, how’s the real estate market.  When I answer its really busy people look at me with a skeptical look.  I have been telling everyone who will listen for weeks that the market in the GTA and that includes Brampton is hot.  I have been on a double offer (where there are at least 2 offers on a home) 10 of the last 12 weeks.  One of the homes had 8 offers on it.  I was also encouraging everyone I could to get pre-qualified before interest rates changed and sure enough they have increase over the past 2 weeks.  What this means for sellers is there are Buyers out there with Pre-approvals at the low low rates who have to buy and close in the next 90- 120 days.  So if you are thinking of selling, call me today.  We want to make sure you capitalize on this activity.  Here is the update on the market from the Toronto Real Estate Board.

GTA Resale Housing Sales Up 19 Per Cent in the First Half of June TORONTO, June 17, 2009 – Greater Toronto REALTORS® reported 5,185 transactions in the first half of June – an increase of 19 per cent compared to the same period last year. “Households in the GTA have become more confident in purchasing a home over the past three months,” said TREB President Maureen O ’ Neill. “Affordability, due in part to very low borrowing costs, has played a key role.” The average price for MLS® sales was $407,716, up by two per cent compared to last year. “Heightened interest in ownership housing this spring has solidified resale home prices,” according to Jason Mercer, TREB’s Senior Manager of Market Analysis. “ The number of home buyers has been high relative to the number of listings, pushing the average price above last year’s level. ” Summary Of Mid-June Sales And Average Price June 2009 2008 Sales Average Price SalesAverage Price City of Toronto (“416”) 2,023$449,946 1,733$439,469 Rest of GTA (“905”) 3,162$380,698 2,641$371,686 GTA 5,185$407,716 4,374$398,542 Source: Toronto Real Estate Board

Ruth Meets with Prime Minister Harper

Last Month as part of my duties as President Elect for the Brampton Real Estate Board we went off to Ottawa to Lobby our Local MP’s.  To help stimulate the economy we proposed extending the Home-buyers RSP programme to include all buyers not just first time buyers.  We asked that the Government consider opening this plan  to all homeowners to help them take advantage of the fantastic interest rates and enable them to use their RSP as part of their down payment. It may also allow those who are at threat of losing their homes to use this money without tax loses to stay in their current home or move down to a more manageable one.   Last year the Canadian Real Estate Association was successful in Lobbing the Government to have them increase the RSP limit  from $20,000 to $25,000 for homeowners. 

We also urged the current government to change the Capital Gains Tax law to allow Small Real Estate Investors to sell their present property and move up to a large property without paying capital gains tax as long as the money was reinvested in another property. 

We also visited our MPP’s in May to relay our dissatisfaction with the harmonized Gst.  This tax will add an additional (approx) $2000 to a purchase of a new home in closing cost as all services will be subjected to the full 13% instead of the current 5%.  Also the purchase of a new home will be affected.  The government has a sliding scale where lower homes up to $400,000 would be exempt then a portion between $400,000 and $500,000 would have to pay a portion of the tax and those buying a new home over $500,000 would have to pay the full wack of 13%.  This means that homes over $500,000 c0uld be paying an additional $40,000 plus dollars in tax.

We also lobbied to stop the Mandatory Energy Audit.  This would have meant that each home would have  had to have an Green Energy Audit when sold.  This would have caused many major headaches for Homeowners trying to sell their home.  Luckily we were successful in having the bill amended to allow the Buyer to Opt out of the Audit. 

President Elect for Brampton Real Estate Board Lobbys Government

President Elect for Brampton Real Estate Board Lobbys Government

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