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In this Issue


Great Value
See them all Here

Feature Homes
Excellent Homes

As of today, I have listings that you may be interested in and all the details and photos for them are located on my site at this listings page

I have rental properties that are located at this page


As of today, I have many listings that you may be interested in and all the details and photos for them are located on my site at this listings page


Click here to see inside photos for this property
Backing Credit River, outstanding home and property with inground salt water pool -near Bancroft and Creditview, Heartland Area for $1,199,900

Click here to see inside photos for this property
Outstanding 4 bedroom vacant home for $493,900

Click here to see inside photos for this property
Beautiful townhome in Erin Mills near Streetsville GO Station $1700/month

Click here to see inside photos for this property
Absolute Townhome for rent, Burnhamthorpe and Hurontario $2100/month

Click here to see inside photos for this property
Walk to Erin Mills Town Centre, 2 bedroom basement apartment $1000!

Click here to see inside photos for this property
Outstanding Daniel's Built Home in Central Erin Mills $674,900

Click here to see inside photos for this property
Beautiful 2 bedroom plus solarium condo at Square One $179,900

Click here to see inside photos for this property

Rental Properties in Mississauga

Click here to see inside photos for this property
3 bedroom townhouse in Meadowvale $214,900
now sold


Click here to see inside photos for this property
Excellent 4 bedroom 2 family room, 2800 square foot home in Central Erin Mills, $569,900 - email me for details!


Click here to see inside photos for this property
Churchill Meadows, Beautiful Townhomes, $304,900

Click here to see inside photos for this property
Needed, more condos to rent at One Park Tower

These properties are all recently sold!

Real Estate Listings and Homes for sale in Mississauga
Outstanding Condo walk to Square One and Mississauga City Centre for $184,900
now sold

Power of Sales Properties


35 Kingsbridge Garden Circle High Rise Condo Building
Semi Detached with an inground pool in the Homelands area asking $319,900

Power of Sales Properties

Real Estate Listings and Homes for sale in Mississauga
The Absolute Complex, Townhouse for rent, all utilities included!  Ultra Luxury for lease $2100/month available immediately
no longer available, sorry

Find me a home!

Term Royal Bank Posted Rates
6 Month 4.00%
1 Year 3.10%
2 Year 3.35%
3 Year 3.85%
4 Year 4.64%
5 Year 5.24%
7 Year 6.35%
10 Year 6.75%
25 Year 8.75%
5 Yr Closed Variable Bank Prime + 0.20% "special"
5 Yr Open Variable Bank Prime + 1.0%
Bank Prime 3.00%

NOTE: You can often negotiate a discount of 0.3 - .5% or more off posted rates.
"Best" Mortgage Rates


As of January 26, 2013 the Bank Prime Rate was


The Bank of Canada announced no change in the bank rate, read more.  On September 8th, 2010 the Bank of Canada increased the prime lending rate another .25% to make it 1.00%. and it has stayed at that amount since September 8, 2010.  The Bank prime rate is 2% higher than this, so Bank Prime charged to the public is now 3%

The major banks in Canada charge their best customers 2% above the Bank of Canada Prime Rate, which means that the Bank Prime or Prime Rate that we see is now 3.00%

Bank Prime Rate means "best" and this is the rate that banks charge their absolute best customers for loans, which is usually only other lending institutions.

Changes in the Bank of Canada prime rate influence changes in other interest rates, including variable interest rate mortgages. This "bank rate" rate fluctuates based on economic conditions.

Some mortgage companies offer interest rates starting at Prime minus .1% (or more) as an incentive to borrow from them!  These are known as "SUB PRIME" Mortgages and we know what happened in the US when too many sub-prime mortgages were given out in the mid 2000's   One of the dangers with sub-prime mortgages is when they come due too early in the mortgage term and rates have increased, it's difficult to make the change to much larger payments. Read more about Sub-Prime Mortgages

For example, see the
Royal Bank Prime Rates

Bank of Canada Prime rates found here


Benefits of this timely newsletter:

15 KEYS to Selling in Mississauga 8 Mistakes to Avoid When Selling in Mississauga 

Toronto Star Report Flooring Trends

Free offer "just for looking" at this newsletter, use one of my FIVE Financial Calculators

FAQ - Real Estate FAQ's
This months feature is: Are Commission Rates Negotiable?

January News
Greetings from Fabulous Mississauga!

  • Average price for last month  was $478,739 (it was $485,328 the previous month and $503,479 in October) and this represents almost a 6.5 increase compared to the same month in 2011 - see graph of prices here
  • Prices were down and sales volumes were 3690 units, down from 4585 in December 2011
  • The Bank of Canada Prime Lending Rate is 3.00% read more

The statistics for last month are out, the figures for previous month are out and average GTA sale price and volumes continue to be at or near all time highs, see this page for latest market stats and results from the previous month month

Mortgage Interest Rates are on the rise, read more

Graph of Average Sales Prices in the GTA

November 2012 was another very strong month for sales and prices in the GTA.

TREB reports that the sales volume of homes is down but prices are up year over year.  In fact prices are down from the previous month about 4% and this is a trend we have seen recently.

It could be the time of year or a trend, nobody can know for sure.  We will need to wait a few more months to determine if it's a longer term trend.

See the full report from TREB below.

  • There continues to be "pent up" demand and with such low inventories, anything that comes on the market that shows well and is priced well get's sold very quick.
  • We expect the fall to continue have tight supply and prices should be up or about stable until end of November, stay tuned for all the results right here!

I hope this finds you healthy and happy!

All the best,


You are reading the latest newsletter

January News Report

Last months Resale Housing Results Show Healthy Market!

This is the latest monthly report for TREB for the average prices and the number of sales in previous month, both were very strong last month.


Average Home Price Up Strongly in 2012

Greater Toronto Area REALTORS® reported 3,690 sales through the TorontoMLS system in December 2012 – down from 4,585 sales in December 2011. Total sales for 2012 amounted to 85,731 – down from 89,096 transactions in 2011.

“The number of transactions in 2012 was quite strong from a historic perspective. We saw strong year-over-year growth in sales in the first half of the year, but this growth was more than offset by sales declines in the second half.

Stricter mortgage lending guidelines resulted in some households postponing their purchase of a home. In the City of Toronto, the dip in sales was compounded by the additional Land Transfer Tax, which buyers must pay upfront,” said Toronto Real Estate Board (TREB) President Ann Hannah.

The average selling price in December 2012 was up by 6.5 per cent year-overyearto $478,739. The average selling price for 2012 as a whole was up by almost seven per cent to $497,298.

“Robust annual rates of price growth were reported through most months of 2012.

Price growth was strongest for low-rise homes, including singles, semis and townhouses. Despite a dip in sales, market conditions remained tight for these home types with substantial competition between buyers,” said TREB’s Senior Manager of Market Analysis Jason Mercer.

What's Happening in Real Estate?Read more reports on the Greater Toronto Resale Housing Market

Read the entire report at this page


Variable rates are now about Prime or just a little less at Prime MINUS about .1% to .2% or so, read more

Mortgage interest rates have dropped slightly over the past month or so, due to the bank rate increase. Bank of Canada is predicting rates will not increase again for some time, maybe mid 2013, read more

Any way you look at it, interest rates are at or near all time lows with bank prime at 3.00% , read more.

Our market continues to perform very well, prices are up and sales volumes are good.  There are a good number of homes currently for sale in Mississauga, we need good homes to sell!

It will be interesting to see what the next few months bring as there seems to be a large amount of demand for properties in Mississauga and the GTA. 

I predict that it will be a very strong market with more properties coming on the market in the next month or two giving a slightly larger selection to buyers. 

Average prices will likely increase 2-5% over the next 2 months.  Volume of sales will also increase every month in the next quarter, if you are thinking of buying now is the time to do it!.

Given our very fine weather this winter that is expected to continue for the next while, my observations for the Mississauga marketplace is that we continue to see that prices continue to be strong and increase quite substantially in many areas over the next few months. 

2008 Real Estate Market Predicitons for the GTA

Bank Prime Interest Rate dropped again and is now steady!

You may wish to read about the Power of Sale section at my website that will show you the pitfalls to avoid and the clauses to put into your offer when you buy a Power of Sale property in Ontario.  This new section will also explain Power of Sale and Foreclosure in detail.  Read more here.

Foreclosure and, Power of Sale Properties FAQ's  You may sign up for Bank Sales and Power of Sales, Bank Sales and Foreclosure email notices.

See a map showing Townhouse Complexes in Mississauga

See a map showing Condos in Mississauga

Map of Townhouses in Erin Mills ONLY

Map of Townhouses in Churchill Meadows

See a complete list of names of Condominium buildings in the GTA

Read more about Sub-Prime Mortgages

Read about the controversial Toronto Land Transfer Tax which is now Law

Read more about our  sales.  Average prices for this time of year

Last month was another strong month for sales.  Prices and sales volumes were high, read more

I have a few calendars left in hand.  If you would like to receive one of my calendars, please fill in your information at this form and I would be happy to send you a calendar once they arrive!

I found this very interesting mortgage rate website on the internet where they survey mortgage experts to gauge the state of mortgage rates over the next 30 to 45 days: Will rates rise, fall or remain relatively unchanged?

You may read about Sold Stats for W16, W19 and W20.  If you want the stats for your area, just email me and I will send them to you.

May Report for real estate sales figures are now out.  Last month statistics are now in the books and the bottom line is Market Remains Strong!

Listing inventories are low, so if you are thinking of selling, this is a good time to list your home.  The market has been 'very good' for the past month or so and new listings are need.  Would you like a Complimentary & Quick Over-The-Net Home Evaluation of your property?

Price trends over the past 17 years indicate that prices will likely increase over the next month or so. 

It appears as if rates may hold steady for the short term.  Many feel The Bank of Canada may hold the course in the near future on their current level of 4.75% prime, (Current Bank prime is shown here), so this should keep mortgage interest rates at their current levels. 

Average single family residential prices were UP compared to the previous month.  This is typical for this time of year.  Price trends over the past 18 years indicate that prices will likely increase over the next month or so. 

Last month was another very solid month to add to another banner year in real estate in the GTA.  See graphs of the sales figures, read more

See my MLS listings on Google Maps here

I regularly add new articles to my blog

First time ever, the Average Price in Canada tops $300,000

I hope this finds you and yours happy and healthy! 

I wish you and your family all the best!

Ontario Tax Sale Properties

Average Residential Resale Home Price Trends Graph since 1995 Average Residential Resale Home Price Trends Graph since 1985

If you would like more information or have any questions or suggestions, please email me at

I wish you and your family All the Best!

Click here to see Mark's Overview Page!

This Month's Statistics This Month's Stats Read More about Prices...

Mississauga Real Estate Newsletter Back Issues






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Strategies for selling your home

Mississauga's Strategic Plan - Amazing! Read about it
Web Tips for Kids

Look up any Phone number in Canada
City of Toronto Fire Prevention Website

More Internet Fun:
Optical Illusions

Free Link Checker
another link checker
Ultimate TOP TEN
Another Link checker
Excellent Link Checker
newsletter location

Internet Links Top Ten Internet Links

News and Real Estate Links and Other Goodies ...

News Services:
ABC | AP | AltaVista | BBC | Bloomberg | CBC | CBS | CNN | FOX | Google | MSNBC NPR | Reuters | UPI | Yahoo 

This week in the News

Resolutions for Housing Consumers

Weather Facts and Records:
More Weather Facts and Record - A very thorough reference site - Especially helpful for parents - Current new stories - You'll get the scoop on 11,000 companies

Do you like to read the papers and keep up to date on facts?

Mountains of Facts on Canada
Mississauga News Online
Baby boomers and their impact on Real Estate in Canada

Real Estate Predictions for next 10 yrs (excellent article in PDF format)

In the News:
• This is an excellent link to current news and information

• Google News Canada

USA/World Newspapers
• Today's Front Pages
• Today's Papers: Summary
• Political Cartoons
• More Headlines
• News Photos

Canada News Sources:
• Canada News wire
• Canadian Press
• Toronto Star  
• The National Post
• The Globe and Mail
•  The Toronto Sun


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" As a professional real estate agent, my job is to give you all the information so you can make the best decision for yourself and your family ©" - and that is what this newsletter is all about - supplying you with timely and valuable information.
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Real Estate Home







Real Estate Secrets - You found it! - Click Here to Read Now!A. Mark Argentino, P.Eng.
Broker (since 1987)

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Real Estate
Mississauga Real Estate Market Watch - Mark Argentino
Houses for Sale
Homes in Mississauga for Sale

January 26, 2013
From the desk of: A. Mark Argentino

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