Real Estate May 2006
From the desk of: A. Mark Argentino Latest
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of GTA price trends.
Now that the April sales numbers are in the record books, you can read more about sales volumes and prices from last month in this article
Prices seem increased about 4% last month compared to the previous month. This is normal for this period. It is difficult to predict where the prices will go over the next month or two, but if patterns over the past years are any indication, prices will likely improve over the next few weeks and month.
I hope this finds you and yours happy and healthy!
Mark
April was another good month and sales were at record highs
My blog is crawling along. I never realized how much work it would be to post an article once or twice a week, but I am learning! I will update the blog throughout each month to keep you current with the real estate market. This newsletter will continue to be published monthly. Read my Mississauga Real Estate Blog
Temperature predictions are still " Above Normal" for our May/June Weather
- See
what Environment Canada predicts for our weather
over the next 30 Days
NOTE: You can often
negotiate a discount of 1% or more off posted rates. "Best" Mortgage Rates
As of April 2nd the Prime Rate was
5.75%
Prime means "best," and this is the rate that banks charge their absolute best customers for loans. Changes in the prime rate influence changes in other rates, including variable interest rate mortgages. This rate fluctuates based on economic conditions. Some mortgage companies offer interest rates starting at Prime less .75%!
P.Eng. Broker (since 1987)
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