Helping Buyers and Sellers of Homes in Oshawa, Whitby, Courtice, Bowmanville, Newcastle and the surrounding areas
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The first time home buyer land transfer tax (LTT) rebate is out of date. Due to increasing home prices, the rebate no longer covers the average LTT bill for first time home buyers. Instead, they pay almost $1,500 in LTT after receiving the rebate
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REALTORS®: A FAIR LTT REBATE FOR FIRST TIME HOME BUYERS
DURHAM REGION, June 3, 2011 – Durham REALTORS® reported 1,040 sales for the month of May, an increase of 9.6% over last month and represents a small increase of 1.3% over May 2010. The average selling price in Durham Region for May was $316,057 down slightly from last month when we saw an average selling price of $321,042. However, when looking at the historical data, the average selling price of houses in the Durham Region has been steadily increasing over the last 5 years
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Spring Market Starts to Bloom
DURHAM REGION, April 5, 2011 – The Durham Region Association of REALTORS® reported 981 sales of homes during March, a 5% increase from 653 sales in February and is only down 1.1% from 1110 sales in March of 2010 when consumers were concerned about purchasing before the HST was implemented.
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Spring Market Heating Up
January 24, 2011 Oshawa Mayor embarks on road tour to gather support for the delayed Hwy 407 East Extension project Province urged to honour its commitment to extend the Hwy 407 east to Hwy 35/115 by 2013 At 12 noon today, Oshawa Mayor John Henry will climb aboard a transport truck (donated by The Mackie Group) advocating for the Premier to fulfill the province’s commitment to extend Hwy 407 east to Hwy 35/115 in one continuous phase by 2013. The “Let’s RAMP it up! Show your support for the Hwy 407 East Extension project” campaign calls for communities to join the City of Oshawa, Durham Region, Peterborough and Kawartha Lakes in urging the province to honour its commitment – as originally promised and planned – for the benefit of southern Ontario. Mayor Henry will visit approximately a dozen municipalities starting with St
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407 Extension Project
DURHAM REGION December 3, 2010 – The Durham Region Association of REALTORS® (DRAR) reported 661 sales in November, a 4% decrease from the previous month of October and 5% less than November 2009. Although the number of available listings were not as high as earlier in the year, there were still 1,748 homes listed on the Multiple Listing Service® (MLS®) system in November, close to 10% higher compared to both November 2009 and year-over-year totals to date. “This has been an exceptional year within the resale housing market and 2010 is lining up to be a record year” explains Dierdre Mullen, President of the Durham Region Association of REALTORS®.
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November Resale Home Sales Slow But Steady
DURHAM REGION November 5, 2010 – The Durham Region Association of REALTORS® (DRAR) reported 688 sales in October 2010, a decline of 20% against the 860 sales that were reported in October of 2009.
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Average Home Selling Price Continues to Grow Through October
DURHAM REGION – October 6, 2010 – The Durham Region Association of REALTORS® reported 707 sales through the Multiple Listing Service® (MLS®) in September 2010. Although 14% less than the September 2009 sales total of 825, these totals still result in 2010’s first three quarters of sales being 5.5% higher than the same period in 2009
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September Sales in the Durham Housing Market Remain Steady
DURHAM REGION – June 4, 2010 – The Durham Region Association of REALTORS® reported 1,027 sales through the Multiple Listing Service® (MLS®) during the month of May which is at par with last year’s 1,026 sales for the same month, but reflects a decrease from the high sales totals seen in both March and April of this year. Meanwhile, active listings remain on the rise with May offering up 2,600 available resale home listings, 1% higher than May of 2009 and the highest amount seen so far this year. “We can now see the forecasted trend of increased available listings coinciding with a decrease in the substantial sales of the prior few months.
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May Sales Remain High for Durham Resale Housing Market
DURHAM REGION May 19, 2010 – The Durham Region Association of REALTORS® (DRAR) reported 525 sales in the first half of May 2010, an increase of 13% from the 464 sales reported mid-month in May ’09. Year-to-date sales are up 45% to 4,081 compared to 2,815 sales during the same term in 2009. “As was forecasted, the average selling price for single family homes has begun a modest descent as the market begins to stabilize.” Dierdre Mullen, President of the Durham Region Association of REALTORS® noted
