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
New Housing Market continues to struggle
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 ›
July Peak Level Results in Welland & Pelham
Resale housing sales results in Pelham continued to improve in July 2009, with total sales of 22 units reported compared to 17 during July 2008. This pace returns market activity to a level that is only 1 unit short of… Read More ›
Shortage of Listings
Springtime is Pelham is certainly a magnificent sight to behold. Cherry blossoms iridescent in the glow of the pre-summer sun while the scent of lilacs wafts through our windows, now open, erasing the stale reminiscence of a long, dark winter…. Read More ›
1st Quarter Housing Starts Decline-concern for future development growth
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 ›
Letter of Concern: Pelham Development Charge Proposed Increase
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 ›
Real Estate Taxation is a Shell Game
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 ›
How Bad is the Real Estate Market?
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.
Smart Money is Buying Now
So we are entering into the slowdown side of the business cycle – this is nothing new in the history of economic fluctuations.
Real Estate Sales are “Normal” in Pelham
While the Pelham real estate market generally follows the trends of the GTA market it is not subject to the same extremes of peaks and valleys. Last week Canwest News Service reported that Toronto home resale prices “plunged” 13 per… Read More ›
