We all have our favourite things that we love about living in our community. Collectively documenting the community assets that are meaningful to residents forms the basis for establishing a common identity. According to the most recent (2007) update of… Read More ›
New Home Sales
Aging boomers are a primary real estate demographic throughout North America. This important market segment has an even greater impact in Niagara because our Niagara census metropolitan area currently has the fourth largest percentage of seniors in all of Canada.
While the residential resale market recorded a mere 1.3% decline in unit sales during 2009, total new housing starts in the Niagara Region dropped by whopping 25%. An atmosphere of uncertainty continues to cast a shadow across the potential for… Read More ›
Overall housing starts trended lower throughout the St. Catharines-Niagara Census Metropolitan Area according to August 2009 preliminary housing data report released on September 9, 2009 by Canada Mortgage and Housing Corporation (CMHC) A total of 55 monthly housing starts were… Read More ›
Total housing starts in the Town of Pelham for January-March 2009 have declined 92% from the level recorded during the same period last year. In the first quarter of 2008, 10 single-detached and 14 townhouse building permits were issued compared… Read More ›
As presented to a variety of political representatives in March 2009 In May 2008, the Building Industry and Land Development Association (BILD) released a report entitled “Over the Top-The Impact of Development Charges on New Homebuyers”. The report outlined how the… Read More ›
The real estate market, whether it is through development charges, market value assessment rates, land transfer taxes, capital gains taxation or broader application of provincial sales tax rates, has become an easy target for ever increasing varieties of tax applications…. Read More ›