All posts by Durham REI
Durham Region Home Sales Continue to Climb
DURHAM REGION, March 6, 2012 – Durham REALTORS® reported 848 sales in the month of February, an increase of 266 sales or 31% from January. “As of the end of February, Durham Region had 1,745 active listings marking an increase of 19% over January. Oshawa and Clarington have the highest number of re-sale homes available […]
Continue readingOshawa building permit sales in February nearly identical from a year ago
Building permit says in Oshawa last month were pretty much on par with the same month in 2011. A total of 71 permits were sold, compared 72 in February 2011, with the construction value also remaining steady at $72 million. Year-to-date numbers are down slightly thought, with construction values falling from $23.2 million in 2011 […]
Continue readingOshawa passes 2.3-per cent tax hike
OSHAWA — Oshawa is coming in with the lowest tax increase in Durham this year, a 2.3-per cent increase, or $32 on a home valued at $200,000. Overall, the total tax increase including the Regional portion of the bill and education taxes is 1.6 per cent, or $58 on that same home in Oshawa. The […]
Continue readingAjax and Pickering mayors push business growth
The mayors of Pickering and Ajax were singing the same tune during separate addresses to the Ajax and Pickering Board of Trade, highlighting the need to attract and retain businesses. Both mayors spoke to business leaders on Feb. 29 as part of the Ajax-Pickering Board of Trade’s Annual Mayors’ Address. Pickering Mayor Dave Ryan proved […]
Continue readingCurrent Hwy. 407 owners will build Durham extension Province announces 407 east extension will be built by 2015
DURHAM — Durham residents are closer to driving on the Hwy. 407 east extension after the Province announced a preferred bidder for the contract to build the road. In a media release late Wednesday afternoon, the Province announced the preferred bidder for the project is the 407 East Development Group, whose key members are […]
Continue reading“Stay the course” budget approved in Ajax
Councillors in Ajax have approved the town’s 2012 budget, and the document is being called a “stay the course” financial plan. Budget Chair Renrick Ashby says there will be a 2.75 per cent property tax increase, which means an extra $32.00 on a home valued at $310,000. Ashby says no changes have been made in […]
Continue readingDurham Region receives acknowledgement for exceptional work on accessibility act
Excellence Canada has recognized Durham Region as a leader in accessibility, thanks to the region staffs tireless work in going above and beyond obligations. VP of Operations for Excellence Canada, Russ Gahan, says the region has little competition on how in-depth they’ve gone in making accessibility a priority. The region was acknowledged as part of […]
Continue readingAfter positive first quarter report, Canada Mortgage and Housing Corporation now forecasting housing prices will stabilize
The hot housing market is expected to stabilize over the next two years with prices, sales, and new construction leveling out. Regional Economist for Canada Mortgage and Housing Corporation Ted Tsiakopolous says the first-quarter 2012 report to underplay fears of a sharp correct that would see prices plummet in hot spots like Toronto. The CHMC […]
Continue readingTown of Whitby approves a 2.79 percent tax increase
The Town of Whitby’s 2012 budget was passed by council Thursday night, and it does come with a modest tax increase. The 2.79 percent increase will add an additional $36 to the municipal portion of the property tax bill on a home valued at $300,000. Budget Chair Elizabeth Roy credits council and staff for their […]
Continue readingCanada’s inflation rate was up in January
Stats Canada says rising gasoline prices last month helped propel the country’s annual inflation rate up 2 notches to 2.5 percent. The agency says consumer prices overall rose by half a point from December, almost reversing a similar one-month drop that month. The big trigger to both the annual and monthly increase was gasoline, which […]
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