Recently I served as a Niagara Association of REALTORS® delegate at the annual Ontario Political Affairs Conference of the Ontario Real Estate Association. During the course of three day conference held in Toronto, attendees were addressed by two leaders of… Read More ›
Real Estate Industry
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 ›
In contrast to last year’s messages of credulous delight, consumers this Fall have been served a steady media diet of plummeting sales, building booms screeching to a halt, never ending market freefalls and global economic meltdown. Is the market bad or just down? You decide.
So we are entering into the slowdown side of the business cycle – this is nothing new in the history of economic fluctuations.