All posts by Quentin DSouza
Oshawa building permits soar in January
The city of Oshawa is celebrating a banner month for building permit sales. Officials say a total of 141 permits were sold in January, that’s up from just 61 for the same month last year. Total construction soared from just under $9-million to almost $27-million, and the city saw the highest ever residential construction value […]
Continue readingRegion of Durham gets Triple A credit rating
The Region of Durham has something to be proud of, after being awarded another triple “A” credit rating from Moody’s. The region is among eight Canadian municipalities to receive this ranking, and Regional Chair Roger Anderson says it shows that Durham is a leader in fiscal responsibility, and it’s something worth bragging about. Durham was […]
Continue readingWhitby’s building permits stats show January was a soft month
January was a bit of a down month for building permit sales in Whitby. Officials say a total of 42 permits were sold last month, 30 of them for residential development, compared with 73 in January 2012. Total construction value also fell more than 76 per cent to just over $4.6-million. http://www.durhamradionews.com/archives/53996
Continue readingDurham Region approves 2013 Budget
Durham Regional Council approved the 2013 budget and business plans on Wednesday with a near unanimous 25-1 vote. The $1.3 billion budget is highlighted by improvements and expansions on the Region’s road networks, capital funding for phase one of a new police complex in Clarington, added child care spaces, increasing emergency response capabilities, improving transit, […]
Continue readingWork on the 407 east extension scheduled to start in early spring
Work on the 407 east extension is about to begin, with construction scheduled to start early this spring. Spokesperson with the 407 East Development Group, Kalvin Reid says they don’t have an official groundbreaking date yet, but work will begin shortly. Reid says the project should be completed to Harmony Road in Oshawa and open […]
Continue readingHome Prices Continue to Rise in Durham Region
DURHAM REGION, February 6, 2013 –The Durham Region Association of REALTORS® (DRAR) reported 508 re-sale homes changed hands in January. Sales have increased 23% since December, but fallen 12% when compared to January of last year. The average price of a home in the region was $333,652 in January up 2% from December and 4.7% […]
Continue readingDurham Region Faring Better Than Other Real Estate Markets
DURHAM REGION – While real estate market “plunges” and “corrections” are being reported all over the country, Durham Region is faring better than other markets. The Durham Region Association of REALTORS® (DRAR) reported total sales for the year at 10,549 which is a 7.6% jump over last year. At the end of 2011 the average […]
Continue readingDurham Region Sees Increases in Selling Prices and Number of Sales in 2012
The Durham Region Association of REALTORS® (DRAR) reported 410 sales for the month of December which brings the total sales for the year to 10,549 an increase of 7.6% over last year. Brock and Clarington municipalities saw the largest year-over-year increases of 15% and 17% respectively. The average price of a home in the region […]
Continue readingDecision finally made on Seaton lands in north Pickering, allowing development to move forward
After years of wrangling, a decision has finally been made regarding the Seaton lands in north Pickering. At a special Regional Council meeting on Thursday, an official plan amendment was accepted, opening the door for development of the roughly 3,100 acres. Regional Chair Roger Anderson says a lot of carefull planning was required, because it’s […]
Continue readingDurham College celebrates boom in student growth
Durham College is celebrating, as stats show they saw the largest enrollment growth in the province this fall. That’s according to figures released by the Ontario College Application Service. President of Durham College, Don Lovisa, says they welcomed more than 9,000 students to the school last month. Lovisa says there are a number of factors […]
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