Durham Real Estate Investors Club
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Pickering development decision heading to Ontario Municipal Board

PICKERING — Emery Homes is taking its plan for a Pickering development to the Ontario Municipal Board after council voted not to endorse the project. Patricia Foran, a lawyer with Aird and Berlis, spoke on behalf of Emery Homes at a council meeting on May 22, expressing the developer’s disappointment with an earlier decision by […]

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Dalton McGuinty talks 407 in Durham

DURHAM — Hwy. 407 is coming to Oshawa, the Province reconfirmed as Premier Dalton McGuinty stopped in Durham Region to announce $1 billion to fund the highway’s extension to Harmony Road in Oshawa. The Premier discussed the announcement Thursday alongside Ajax-Pickering MPP Joe Dickson and Pickering-Scarborough East MPP Tracy MacCharles. http://www.durhamregion.com/news/news/article/1361492

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Building permit sales in Oshawa are lagging

The City of Oshawa is reporting a very solid month of April for building activity. Officials say a total of 126 building permits were sold, up from 103 for the same month last year. The construction value of those permits also rose to just over $26-million.  Year-to-date numbers are down though. At this time last […]

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Whitby building permit sales slowed in April

Building activity has slowed a bit in Whitby.  Officials say last month, a total of 80 building permits were sold, down from 94 in April of last year. However, the construction value of those permits fell just 3 percent to more than $14.7-million.  Year-to-date numbers are off a bit as well, with 271 building permits […]

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Spring housing numbers soar in Durham Region

There is a flurry of activity in Durham Region’s real estate market. President of the Durham Region Association of Realtors, Christine Marquis says the months of April, May and June are typically busy, and April got the busy season off to a strong start, with home re-sales up 6.5 per cent. Marquis says the average […]

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Housing starts heat up in the GTA

In a continued sign that the local economy is coming around, housing starts in the GTA last month heated up. According to the Canada Mortgage and Housing Corporation, starts in Toronto rose 19 per cent in April, when compared with the same period last year. In the Oshawa CMA, which includes Oshawa, Whitby and Clarington, […]

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Spring Housing Market Heats Up in Durham Region

DURHAM REGION, May 7, 2012 – “Sales figures in the Region continue to climb with the temperatures. April saw modest gains of 3% in sales over March with 1,214 sales. This brings our year-to-date sales to 3,755 for the region,” explained Christine Marquis, President of the Durham Region Association of REALTORS®. The average selling price […]

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High-Rise Waterfront Community is Coming to Whitby

I was driving by the lake shore in Whitby the other day and wanted to see how the Brookfeild High-Rise Development was going.  It looks like they are moving clean fill into the area, and leveling out the area. If you are not familiar with this project, you should be, as it is going to […]

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City of Oshawa building permit sales decline in March

March was a bit of a down month for building permit sales in Oshawa. A total of 52 permits were sold last month, compared with 125 for the same period last year. Year-to-date numbers are down as well, from 274 permits sold at this time last year, to just 184 so far this year. Construction […]

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Consumers Renting Property Should Beware of Online Scam

Durham Region, ON – Consumers looking for property to rent should beware of a scam that involves rental properties posted to online classifieds sites and take steps to protect themselves against fraud. A scam has recently surfaced that concerns non-existent property advertised for rent on online classifieds site such as Kijiji or Craigslist where property […]

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