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NEWS JANUARY 2013
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  The average selling price in December 2012 was up by 6.5 % year-over-year to $478,739. The average selling price for 2012 as a whole was up by almost 7% to $497,298.

 
TORONTO, January 4, 2013 – 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.
 
 
       
  Provincial Government Sets 2013 Rent Increase Guideline, A landlord may increase a current tenant’s rent once per year by an amount not to exceed the 2.5% guideline.  
   
         
  RCMP estimates there are at least 50,000 marijuana grow-ops in Canada
So how can you tell if a marijuana grow-op or drug lab is operating in your negibhourhood? Here are some tell-tale signs to look for, courtesy of York Regional Police, and your trusted Realtor will double check it when you will buy house!
   
  • Evidenceof tampering with the electric meter (damaged or broken seals) or the ground around it.
  • Homes made to look lived-in by things like light-timers, but very few people are seen coming in and out of the home.
  • Late night or very short visits by people.
  • Strange smells or overpowering smells of fabric softener.
  • People bringing unusual items into the house, such as bags of soil, lots of plant roots and potting plants. 
  • Excess potting soil or other grow mediums around the residence or in the immediate area- .People continually bringing items and taking items away in garbage bags. Windows that are always covered.
  • Individuals arriving at the house to put out the garbage, shovel the snow or cut the lawn and then leaving immediately.
 
   
  I recommend...
This topic can be very beneficial: For years I've been collecting recommendations from my clients about service providers that they have used. Please feel free to email me your positive or negative experience, I'll be sure to share it with my clients.
   
Hardwood and tile installation is a great value boost! Even you are not going to sell your property now consider to change old carpet to hardwood. Just ensure that it is done correctly. My recent client recommends “The Final Touch” (416) 835-5340 (Anton) . Remember, you are the boss, always ask about prices upfront and know exactly what has to be done.