GTA May Resale Housing Sales Higher Than Last Year
May 2009 had reported 9,589 sales, up almost 2% from May 2008 – the first annual increase since December 2007!!!!
The first half of June 2009 has reported 5,185 transactions – an increase of 19% compared to the same period last year.
Prime Rate is still low, but the fixed interest rates are creeping up too...but even at 3.5%-4%, that's still a fantastic rate! With houses rising and interest rates rising, it's sliding into becoming a Seller's Market again. Don't let that stop you from buying and negotiating! Negotiate the purchase price and shop around for the best interest rate!
Buying or Selling, through an agent or by yourself, my office can assist with your real estate transactions as well as your Wills & Estate and Corporate needs!
Thursday, June 18, 2009
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