All posts by Durham REI
Phase three of Whitby campus expansion plan kicks off
Work is underway at Durham College in Whitby. Phase three of the Whitby Campus expansion is an $18 million centre for food expected to open in the fall of 2013. Vice president academic, Judy Robinson says anyone passing the campus will be able to see the progress. The 36-thousand square feet centre will have three […]
Continue readingOntario Caps Rent Increase Guideline
McGuinty Government Stabilizing Rent Increase Guideline To Protect Tenants The passage of the Residential Tenancies Amendment Act will cap the maximum amount most landlords can increase a sitting tenant’s rent during the year at 2.5 per cent. Tenants will benefit from more predictable and stable rents so they have safe and affordable housing. For landlords, […]
Continue readingRe-Sale Market is Healthy and Balanced in Durham Region
DURHAM REGION, June 7, 2012 – Durham Region REALTORS® reported 1,248 sales for the month of May, an increase of 3% from April bringing the year-to-date sales to 4,968. “With modest gains in the last two months, sales have been on a steady climb this spring. I anticipate seeing that trend continue into the summer […]
Continue readingPickering 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 […]
Continue readingDalton 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
Continue readingBuilding 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 […]
Continue readingWhitby 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 […]
Continue readingSpring 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 […]
Continue readingHousing 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, […]
Continue readingSpring 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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