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June Brings a Seller’s Market to Durham Region
DURHAM REGION – The Durham Region Association of REALTORS® reported 1,093 sales for the month of June bringing the sales for the first half of the year to 5,553. This number represents an 8% decline from this time last year. Average prices in the region continue to rise. The average price of a re-sale home […]
Continue readingWhitby – Façade Improvement Grant Program
The Town of Whitby established the Façade Grant Program in 2005 to encourage commercial building owners and business owners in both historic Downtowns to restore and beautify their properties. The result has been an incremental beautification of Downtown Whitby and Downtown Brooklin. Under the program, the Town of Whitby will provide a one-time grant of […]
Continue readingAverage Selling Prices On the Rise in Durham Region
DURHAM REGION, May 3, 2013 – The Durham Region Association of REALTORS® (DRAR) reported a 27% increase in sales for April with 1,204 homes sold compared to 948 in March. “This figure still represents a 10% decrease from this time last year, but that gap is becoming narrower each month. If this trend continues I […]
Continue readingMarch Brings a Boost to the Real Estate Market in Durham Region
DURHAM REGION – The Durham Region Association of REALTORS® (DRAR) reported 948 sales for the month of March. This represents a 26% increase compared to February but sales for the first quarter have fallen 15% compared to the first quarter of 2012. “The spring market is off to a slower start this year due to […]
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 readingOshawa 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 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% […]
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