Niagara-on-the-Lake's residential real estate market is displaying characteristics of a stablizing seller's market, according to local CENTURY 21 Broker, Gary Zalepa Jr.
Basically unit sales for June 2009 are down 32% from June 2008. Inventory of resale homes available is also down 17% for that same period. There was 44 new listings in the market for June 2009 ...
Posted by Gary Zalepa Jr.
on July 7, 2009
I was on hand to kick off the 2009 Great Waterfront Trail Adventure Tour at Fort George, in Niagara-on-the-Lake July 4th when Two hundred and forty cyclists from five Canadian provinces and six U.S. states, began a 720 km supported end-to-end cycling tour of the Ontario waterfront and greenways, passing through 41 Ontario communities in eight days.
The Great Waterfront Trail Adventure Tour, celebrates ...
Posted by Gary Zalepa Jr.
on July 7, 2009
National resale housing market activity returned to pre-recession levels in May 2009. The rebound in activity is being led by an increase in transactions in some of the most expensive markets in the country, which is skewing the national average price upward.
According to statistics released by The Canadian Real Estate Association (CREA), actual (not seasonally adjusted) home sales via the Multiple ...
Posted by Gary Zalepa Jr.
on June 18, 2009
According to local CENTURY 21 Broker Gary Zalepa Jr. the key message for home owners derived from a recent CENTURY 21 Canada study is that an accurate evaluation of your home can only be achieved by comparing your home with similar type homes that have sold recently. Do not rely on market average figures. Real estate is highly localized and many areas in Canada have very active and ...
Posted by Gary Zalepa Jr.
on June 11, 2009
Attached please find an excerpt from Hansard of a recent Progressive Conservative Opposition Day motion on the impact of the proposed HST on the housing market - Bob Runciman, the PC Leader.
Mr. Robert W. Runciman: On behalf of my colleagues in the Ontario Progressive Conservative caucus, I move the following opposition day motion:
Whereas on March 26, 2009, Dalton McGuinty ...
Posted by Gary Zalepa Jr.
on June 8, 2009
Show & Sale August 22, 2009
For details visit www.niagarapassion.com or email arts@niagarapassion.com
An upscale wine, food, music & art event organized by the Rotary Club of Niagara-on-the-Lake to attract discriminating patrons. In partnership with the Wineries of Niagara-on-the-Lake.
Posted by Gary Zalepa Jr.
on June 4, 2009
By Don Lawby
President, CENTURY 21 Canada
Let's face it, nobody wants to be average. It's the terrain of the
unremarkable-the realm of the safe middle ground. But while "average"
is by its very definition nothing to brag about, it does have its place in our
world. It shows us the big picture. It reminds us where we stand, right?
Well, to a point. In real estate, average prices in the ...
Posted by Gary Zalepa Jr.
on May 21, 2009
To quote the President of the Ontario Real Estate Association, Pauline Aunger.
Toronto, May 14, 2009 - The McGuinty government today gave third and final reading to Bill 150, the Green Energy Act, which, when implemented, will impose significant new costs on home sellers in Ontario. The new tax comes in the form of an energy audit fee that must be paid by home sellers prior to a single family ...
Posted by Gary Zalepa Jr.
on May 14, 2009
It has been brought to my attention that changes have been made with respect to Energy Audits on the sale on homes in Ontario. These audits will not be mandatory. Buyers shall have the right to have one completed or waive that request. Here is the proposed new wording.... It is nice to see Govt listen.
Clean Version: Part 1: Section 2 of the Green Energy Act
Mandatory ...
Posted by Gary Zalepa Jr.
on April 30, 2009
Resale housing activity in Canada in February 2009 was up from seasonally adjusted levels the previous month, according to statistics released by The Canadian Real Estate Association (CREA). www.crea.ca
A total of 28,669 homes traded hands via the Multiple Listing Service® (MLS®) nationally in February 2009 on a seasonally adjusted basis. This is 8.6 per cent above seasonally adjusted levels ...
Posted by Gary Zalepa Jr.
on April 9, 2009