Real Estate News
Why Canada’s Housing Bubble Isn’t Like The US In 2007 ValueWalk In a report from Goldman Sachs, they noted a major difference in 2007 United States versus 2017 Canada is mortgage lending standards. During …
Ottawa spends $150 million maintaining Pickering land it seized for an airport never built Toronto Star Over the past 19 years, the Canadian government has spent more than $150 million maintaining Pickering land it seized in the 70’s — for an airport …
JULY 2017 TREB MID-MONTH STATISTICS July 20, 2017 – Greater Toronto Area REALTORS® reported 2,670 residential transactions through TREB’s MLS® System during the first 14 days of July 2017. This result was down 39.3 per cent compared to the same period in 2016. The greatest year-over-year decline in sales was noted for the detached market segment. The lowest annual rate of decline was noted for the condominium apartment market segment. The number of new listings entered into the system was up by 6.5 per cent year-over-year. While still up compared to last year, the annual rate of growth for new listings has declined markedly, from over 40 per cent in mid-May, and over 20 per cent in mid-June, to less than seven per cent in mid-July. With sales down and new listings up year-over-year, the market was better supplied compared to last year. This translated into a more moderate 7.4 per cent annual growth rate for the average selling price, which was $760,356 for all home types combined. When breaking down average price growth by geography, an interesting dichotomy has developed between the City of Toronto and the surrounding ‘905’ area code regions for some market segments. The annual growth rate for the average detached price in the ‘416’ area code was 12.1 per cent, compared to 2.7 per cent for the ‘905’ regions. The annual growth rate for the average condominium apartment price was 30.5 per cent in the ‘416’ area code versus 12.4 per cent in the surrounding ‘905’ regions.
Bank of Canada Raises Rates for First Time in 7 Years Bloomberg … continue to absorb excess capacity, the Bank of Canada said. The central bank estimated the economy will return to full capacity by the end of 2017.What the Bank of Canada interest rate hike means for you – Toronto Star Full Coverage
New Oshawa GO station will soon be open for business Daily Commercial News The new Oshawa GO/Via Rail Station will soon be open for business as … Heating is in-floor hydronic, in combination with a variable refrigerant flow …
Three Highway 401 bridges to be replaced in Oshawa and Clarington durhamregion.com OSHAWA — In its next phase of work on Durham’s stretch of Highway 401, the province is planning on replacing two aging but well-used bridges that …
Oshawa launches pilot project while considering city-wide rental licensing program durhamregion.com OSHAWA — Christeen Thornton is the acting leader of Acorn Canada in Durham Region. The organization advocates on behalf of renters and …
Landlord licensing expansion delayed Oshawa Express These issues came under the microscope in 2015 when reporting in The Oshawa Express revealed the decrepit conditions in which some tenants …Look at the real issue – Oshawa Express
The City of Oshawa has launched an interactive cultural map that showcases the community’s providers and creators of cultural services, programs and events on an online geographical map of Oshawa. Oshawa’s Cultural Map is available on the City’s website through the Culture Counts web section at www.oshawa.ca/culturecounts. It maps each service, program and/or event by its longitude/ latitude coordinates, and allows web users to search listings by name, category or to generally browse the map.
The map currently includes listings for Community Cultural Groups, Cultural Businesses, Cultural Facilities & Venues, Festivals & Events, and Heritage Sites, Properties & Public Art. “A cultural map is a great way to showcase our amazingly talented artists and our historically or culturally significant assets,” said Councillor Amy England, Council representative on the Culture Counts Transition Team. “This map will help grow and support our vibrant creative economy and give residents a chance to know all the great gems Oshawa has to offer.” “There’s always something interesting going on in Oshawa,” said Councillor Bob Chapman, Chair of the Community Services Committee. “Our cultural map will assist both our residents and many visitors to find cultural locations and learn about upcoming festivals so they can share in the experience of these amazing places and events.”
Oshawa organizations that were not included in the inventory and would like to be on the map, are asked to please e-mail culturecounts@oshawa.ca or call 905-436-3311. Culture Counts: Oshawa’s Arts, Culture and Heritage Plan was approved in February 2014 following consultation with and input from the community and stakeholder groups. The Plan includes six strategic directions that provide a framework of strategies and actions. The Plan identifies that the City “launch an interactive cultural map and searchable database to increase awareness and participation in local arts, culture and heritage activities” aimed at increasing and strengthening communication within and about the arts, culture and heritage sector. For more information, and to access Oshawa’s interactive cultural map, visit www.oshawa.ca/culturecounts.
Tony Slavin
