The Ontario Fair Housing Plan, introduced today by the Ontario provincial government consists of 16 measures designed to address concerns, real or perceived, in Ontario’s housing market. The most prominent of these measures is a 15-per-cent tax on foreign home buyers, … Read More
The Ontario Real Estate Association (OREA) has released provincial data for residential sales activity, number of new and active listings and total inventory levels. The local trends we are seeing are supported by what is revealed in the provincial report. … Read More
The average sale price of a home in Oakville rose in January 2016 to $965,165, an increase of 15.65% versus January 2015. The number of new listings decreased by 32.4% compared to January 2015. The overall local market is exemplified … Read More
New rules applying to mortgages in Canada took effect as of Monday February 15th. Although intended to having a slowing affect on the real estate market in particularly boisterous trading markets, namely Vancouver and the City of Toronto, they will … Read More
A prize house being offered this Spring in the 2016 Princess Margaret Cancer Centre Home Lottery has been withdrawn from the contest by the lottery operator. The home, situated in Markham, Ontario, has been replaced with a cash prize of … Read More
A unanimous decision of the Town of Oakville Council will ensure that Glen Abbey Golf Course is restricted to its existing use until January 31, 2017. No more development proposals will be accepted by Oakville during this time period. The … Read More