Erin Mills Community Newsletter Summer Edition 2022
ERIN MILLS SUMMER 2022 NEIGHBOURHOOD NEWSLETTER GTA REALTORS RELEASE JULY 2022 STATS
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Pizza & refreshments served in the party room upstairs afterwards! "With significant increases to lending rates in a short period, there has been a shift in consumer sentiment, not market fundamentals. The federal government has a responsibility to not only maintain confidence in the financial system, but to instill confidence in homeowners that they will be able to stay in their homes despite rising mortgage costs. Longer mortgage amortization periods of up to 40 years on renewals and switches should be explored," said TRREB President Kevin Crigger. Bring your own skates. Half ice for Stick and puck. 3205 Unity Drive, Mississauga There were 4,912 home sales reported through the Toronto Regional Real Estate Board (TRREB) MLS® System in July 2022 – down by 47 per cent compared to July 2021. Following the regular seasonal trend, sales were also down compared to June. New listings also declined on a year-over-year basis in July, albeit down by a more moderate four per cent. The expectation is that the trend for new listings will continue to follow the trend for sales, as we move through the second half of 2022 and into 2023. "Many GTA households intend on purchasing a home in the future, but there is currently uncertainty about where the market is headed. Policymakers could help allay some of this uncertainty. As higher borrowing costs impact housing markets, TRREB maintains that the OSFI mortgage stress test should be reviewed in the current environment," said TRREB CEO John DiMichele.
Market Activity Report: Erin Mills May - July 2022
Total Listings Total Sales
118 71
Average Days on Market Average % Ask to Sale Price
13 104
Average Sale Price Lowest Sale Price Highest Sale Price
Detached Semi Detached / Link Townhouse
$1,443,379 $1,039,972 $891,750
$976,000 $780,000 $762,000
$2,200,000 $1,325,000 $1,055,000
905-271-5141
YOGA AT ARBOUR GREEN PARK JOIN US FOR OUR OUTDOOR YOGA SESSIONS ON: Wednesday September 21 @ 6:30pm Wednesday September 28 @ 6:30pm Located at ARBOUR GREEN PARK Register at info@thehanlonteam.com 905-271-5141 *New location: 4145 Treetop Cres, Happy Summer From The Hanlon Team!
Please help us support The Mississauga Humane Society with a Twoonie Donation
Shirley & Stephen with Abbey on the Rideau Lakes
Oresta enjoyed the circus
Andrew at the cottage
Sean and his fiancé have been
attending weddings
Trina paddling the canal
Pamela took a family trip to Dominican
Shauna and her fiancé were on a cruise
Lisa paddling with her daughter
Peter enjoyed the Canadian Open
Dorothy golfing Vic Valley Guelph
Meet & Greet Pet Adoptions: August 12th-14th 1:00pm-5:00pm Ren's Heartland August 27th 1:00-3:00pm
Sponsor a pet in 2022 and help save a precious life visit:
Global Pet Foods Burnhamthorpe
MississaugaHumaneSociety.ca
www.facebook.com/groups/ERINMILLS What's Happening in Erin Mills?
Get connected by joining our community hub for local businesses and residents of Erin Mills. We would love to see you engage, share, comment and post about all great things happening in Erin Mills. We want to hear from you! If there is a business you rave about and would ❤️ to give them a shout out, let us know! We would ❤️ to give them a free featured spot in our upcoming newsletters. We are looking for 10 fabulous local businesses to support. Reach out today at info@thehanlonteam.com
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Our Featured Listings
126 Maple Sugar Lane, Vaughan
76 Heritage Road, Innisfil
sold!
sold!
7180 Triumph Lane
1008-1800 The Collegeway
EXPERIENCE OUR EXCEPTIONAL SERVICE TODAY! CALL US AT 905-271-5141
Answers will be reveled in our September Issue. Send us your completed crossword before September 1st for an entry into our crossword raffle contest. Winners will be drawn from all entries between August and November on December 1st for a $100 Walmart Gift Card. Crossword Contest
REAL ESTATE
Down 1. Stay warm in the winter 2. Our team name 3. Open the door 5. Home that is movable 6. Unit in a high rise
7. Prepares legal documents 10. Keeps the car snow free 11. Hold ownership of your home
Across 4. Loan from the bank 7. Take care of the lawn 8. Summer getaways 9. Helps sell your home
HOME SWEET HOME
sold!
sold!
SENIOR'S
& TEA MEET UP Starting this fall! Call us for details and to register interest 905-271-5141
TheHanlonTeam.com 905-271-5141
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