Durham Region Association of REALTORSR (DRAR) President Dennis Roberts reported 470 residential transactions in January 2018, a slight decrease from December 2017. January saw an increase in listings of 954 from 711 in December. There is 30 per cent increase year-over-year from January 2017, where there were 735 listings. “Amid …
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Grants of up to $25,000 available to local causes that benefit the Town
Local community and non-profit organizations dedicated to improving the quality of life of Whitby residents are encouraged to apply for the Town’s 2018 Community Development Grant Programs.
The Lead Cause grant of up to $25,000 for the Mayor’s Golf Tournament and community grants of up to $5,000 are available. The deadline for all 2018 applications is March 31.
In 2017, the Town provided over $150,000 in grants to more than 30 local community organizations through the Mayor’s Community Development Fund (MCDF) and Performing Arts Community Development Fund (PACDF).
“We are proud to have contributed to a wide variety of important causes and initiatives that help keep Whitby a vibrant, safe and caring community,” said Mayor Don Mitchell. “This year, we look forward to once again supporting as many organizations as possible.”
Already this year, the two lead causes for the Mayor’s 2018 Fundraiser have been selected and awarded as follows:
* $25,000 to Epilepsy Durham Region – to support their Clinic to Community (C2C) Project, a co-ordinated care approach that better connects socially isolated people living with epilepsy to the epilepsy community; and, * $15,000 to the Pickering Auxiliary Rescue Association – for the purchase of new emergency equipment that help improve the Association’s ability to quickly respond to emergencies on the water in the Whitby community.
All applications are reviewed by a Council-appointed citizens committee according to evaluation guidelines approved by Council. High priority is given to community-focused activities with a strong, local presence and those that promote inclusion and civic engagement.
For application guidelines or to fill out an application form, interested groups or individuals can visit whitby.ca/communityfunds
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Town of Whitby, 575 Rossland Road East, Whitby, Ontario L1N 2M8 Canada
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Canada Mortgage and Housing Corp. says the country’s housing markets remain “highly vulnerable” overall for the sixth consecutive quarter with evidence of overvaluation and price acceleration, despite some improvements seen in Winnipeg and Saskatoon.
www.cbc.ca/news/business/cmhc-housing-market-assessment-1.4510361
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As most people are aware the market in Durham for 2017 stalled in April and went down from there until the fall. Then prices started to stabilize. The inventory is still 3 times what is was in 2018 over 2017 for Durham. Rates are going up! So in my opinion it will be difficult to get price increases for 2018 and will become more difficult if rates continue to go up. If you have investment properties you may want to consider cashing out. If you are moving up or moving down it does not really matter where prices are since you are working in the same market place so it will have little effect on a lateral move. If you do decide to buy make sure you get the best deal possible especially since right now it is a buyers market!
Financial Post
A voter backlash spurred provincial governments to impose a foreign buyers tax in Vancouver in 2016 and Toronto in 2017, though previous data showed foreign investment was only between 5 and 10 per cent. The report showed that non-residents – defined as both foreigners and Canadians whose …
A nearly $340,000 investment was announced today by the Town of Whitby and Government of Canada for the Station Gallery. The funding will support renovations that will add more creative space and make more arts programs available to residents.
Station Gallery – a not-for-profit public art gallery – currently offers more than 500 art classes, exhibitions, family art days and community events for residents of all ages and abilities to enjoy. In 2016, the gallery saw more than 47,000 visitors, a number which continues to grow.
The local and federal funding supports the:
* repair and expansion of Station Gallery’s existing deck by approximately 750 square feet, enabling more children to create art in an outdoor classroom setting; * construction of a weather-proof awning to cover the deck area, permitting use of the space for additional months of the year; and, * transformation of the Gallery’s lower level (currently a storage area) into a multi-purpose, accessible studio space, which will house a print and pottery studio.
The new and upgraded spaces allows Station Gallery to offer up to an additional 10,000 hours of programming and events – providing more children, students and program participants the chance to grow and express their love of art.
From left: Noel Mowat – Chair Station Gallery Board of Directors, Celina Caesar-Chavannes – Whitby MP, Kerri King – Station Gallery CEO, Mayor Don Mitchell – Town of Whitby
The Town and Federal Government through the Canada 150 Community Infrastructure Program
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Town of Whitby, 575 Rossland Road East, Whitby, Ontario L1N 2M8 Canada
Sent by <mailto:communications@whitby.ca> communications@whitby.ca
Canadian housing markets are highly vulnerable and at risk of being hit by overbuilding, overvaluation and too-quick price appreciation, the national housing agency says.
www.cbc.ca/news/business/cmhc-housing-outlook-1.4373251
Eligible Ontario homeowners to get smart thermostats Toronto Star Ontario is offering them, installed, also at no cost, along with free home energy … “I’d be at work and they’d immediately crank up the air-conditioning,” …Ontario cap-and-trade auctions to help fund free smart thermostats – Toronto Sun Eligible Ontario homeowners to get smart thermostats under new program – Ottawa Citizen Tony Slavin Brokerwww.tonyslavin.com Real Estate Broker since 1988Mortgage Broker #M08005434Commercial Council MemberAccredited GreenbrokerTMFormer Bank ManagerMy LinkedInSkype tslavinToll Free 1-888-430-9819GTA Local 905-767-0101
Would-be buyer ordered to pay the difference between the price he walked out on and what the house eventually sold for, with REALTOR® blaming cooler market following foreign buyers’ tax.http://www.cbc.ca/news/canada/british-columbia/buyer-who-walked-away-from-real-estate-deal-ordered-to-pay-360k-1.4232844
