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The Zammit Market Watch - August Results!
We Watch The Real Estate Market like a Stockbroker!

Click Here for the Printable & Easy to Read PDF Version!

	Toronto Real Estate Board Average Price vs. Mortgage Rates 1999 to Date

	Paul’s Short Term and Long Term Predictions:
	Toronto Homes - record prices!! October's average price soars to $425,559 - Up 15% from the beginning of the year! FREE PERSONALIZED HOME SEARCH - CLICK HERE

	Toronto Real Estate Board Residential Average Price 1995 to Date

	Paul’s Short Term and Long Term Predictions:
	Toronto property prices have been ascending consistently since 1997. There is supposed to be a recession every decade. Was the 2008-2009 recession the recession of the decade or is there more to come in 2010? Stay tuned!!!! FREE HOME EVALUATION - CLICK HERE

	Toronto Real Estate Board Average Price vs. Interest Rate Comparison - 72 to Date

	Paul’s Short Term and Long Term Predictions:
	Rates are still low. Toronto mortgage rates are very attractive ! The 40 year view of rates as you can see are on the low side comparably speaking over the last 36 years – we now have the lowest rates in a very long time !! The October average price of 2008 was starting to look like the demise of the 1989 market. The recovery of the highest point of the average price since 1989 took 12 yrs for Toronto pricing to catch up to that level again (2001). The largest volume of sales in the 80s was in 1987. The recovery to achieve the same similar volume of sales in 1987 took 11 years to rebound (1997). TORONTO MARKET REPORT- CLICK HERE

	Toronto Real Estate Board New vs. Active Listings - January 1990 to Date

	Paul’s Short Term and Long Term Predictions:
	Inventory levels were recently at 14,771 in October vs. the average of the the last 3 October levels of about 24,000 homes - Inventory is way down! Toronto and surrounding area real estate buyers are struggling to find product to buy. Immigration is still very high in the Toronto Area. There are approx. 150,000 new people moving into the GTA every year. FREE PERSONALIZED HOME SEARCH - CLICK HERE

	Toronto Real Estate Board Listing vs. Sales Ratio 1990 to Date

	Paul’s Short Term and Long Term Predictions:
	1 in 2 houses are now selling every 30 days - we are back to a STRONG sellers market. The red line shows the direction the market is headed – back into a buyers market ! Historically we have been in a seller’s market consistently for the last 6 yrs. Looking back to 1990 when the market was at its worst, there were levels of an average of a 1 year supply of homes for a 2 year period. (We are in a different market now - rates are way lower currently than they were back in those days). START YOUR HOME SEARCH NOW ONLINE - CLICK HERE

Toronto Real Estate Board
# Units Sold vs. Average Price 2000 to Date

Paul’s Short Term and Long Term Predictions:

Currently we have a heightened amount of sales due to high demand and low inventory.
At a highly regarded economy seminar that I attended in January 09, one of the major banks made the following predictions as to what may happen to the real estate market in the next two years.

"There are 3 phases to the cycle:

GUARANTEED SALE PROGRAM - CLICK HERE

Buying and Selling at the right time is tough in any market.
Get my 25 years experience on your side. Our help is a phone call away.
Call me directly at 416-399-9096.

Paul Zammit
Broker of Record
Paul Zammit Real Estate Ltd., Brokerage

# 1 Realtor in Thornhill since 1996 out of Approx. 28,500 Agents*
Celebrating 25 Years In Real Estate!
Marketing At A Higher Level !

Office:
Cell:
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905-881-2181
416-399-9096
800-443-9636
416-946-1307
paul@zammit.com
www.zammit.com

* for the most amount of listings sold in TREB District N01 for the years 1996, 1998, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009
- ABR Designation via the National Association of Realtors.
- Licensed with RE/MAX Hallmark from 1999 – 2009.

Toronto Real Estate Thornhill Markham Vaughan Newmarket Scarborough

Paul Zammit Real Estate is a proud to be involved with many charitable organizations

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Paul Zammit Real Estate Ltd., Brokerage
60 Green Lane #1, Thornhill Ontario L3T 7P5
Phone: (905) 881-2181 Fax: (416) 946-1307 Toll Free: 1-800-443-9636 Email: paul@zammit.com
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* Paul Zammit - #1 Agent In Thornhill For The Most Amount of Listings Sold in TREB District N01 Out of Approximately 28,500
Agents in TREB For The Years 1996, 1998, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009,2010. Licensed With RE/MAX Hallmark From 1999-2009.