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Eligible Ontario homeowners to get smart thermostats Toronto Star Ontario is offering them, installed, also at no cost, along with free home energy … “I’d be at work and they’d immediately crank up the air-conditioning,” …Ontario cap-and-trade auctions to help fund free smart thermostats – Toronto Sun Eligible Ontario homeowners to get smart thermostats under new program – Ottawa Citizen   Tony Slavin Brokerwww.tonyslavin.com Real Estate Broker since 1988Mortgage Broker #M08005434Commercial Council MemberAccredited GreenbrokerTMFormer Bank ManagerMy LinkedInSkype tslavinToll Free 1-888-430-9819GTA Local 905-767-0101

Would-be buyer ordered to pay the difference between the price

Would-be buyer ordered to pay the difference between the price he walked out on and what the house eventually sold for, with REALTOR® blaming cooler market following foreign buyers’ tax.http://www.cbc.ca/news/canada/british-columbia/buyer-who-walked-away-from-real-estate-deal-ordered-to-pay-360k-1.4232844

Toronto New Home Sales drop, but shift is slowing!

https://beta.theglobeandmail.com/real-estate/toronto/toronto-home-prices-fall-new-listings-slide-as-sellers-move-to-sidelines/article35870812/?ref=http://www.theglobeandmail.com&

Why Canada’s Housing Bubble Isn’t Like The US In 2007

Why Canada’s Housing Bubble Isn’t Like The US In 2007 ValueWalk In a report from Goldman Sachs, they noted a major difference in 2007 United States versus 2017 Canada is mortgage lending standards. During …

Ottawa spends $150 million maintaining Pickering land it seized for

Ottawa spends $150 million maintaining Pickering land it seized for an airport never built Toronto Star Over the past 19 years, the Canadian government has spent more than $150 million maintaining Pickering land it seized in the 70’s — for an airport …

JULY 2017 TREB MID-MONTH STATISTICS July 20, 2017

JULY 2017 TREB MID-MONTH STATISTICS July 20, 2017 – Greater Toronto Area REALTORS® reported 2,670 residential transactions through TREB’s MLS® System during the first 14 days of July 2017. This result was down 39.3 per cent compared to the same period in 2016. The greatest year-over-year decline in sales was noted for the detached market segment. The lowest annual rate of decline was noted for the condominium apartment market segment. The number of new listings entered into the system was up by 6.5 per cent year-over-year. While still up compared to last year, the annual rate of growth for new listings has declined markedly, from over 40 per cent in mid-May, and over 20 per cent in mid-June, to less than seven per cent in mid-July. With sales down and new listings up year-over-year, the market was better supplied compared to last year. This translated into a more moderate 7.4 per cent annual growth rate for the average selling price, which was $760,356 for all home types combined. When breaking down average price growth by geography, an interesting dichotomy has developed between the City of Toronto and the surrounding ‘905’ area code regions for some market segments. The annual growth rate for the average detached price in the ‘416’ area code was 12.1 per cent, compared to 2.7 per cent for the ‘905’ regions. The annual growth rate for the average condominium apartment price was 30.5 per cent in the ‘416’ area code versus 12.4 per cent in the surrounding ‘905’ regions.

Bank of Canada Raises Rates for First Time in 7

Bank of Canada Raises Rates for First Time in 7 Years Bloomberg … continue to absorb excess capacity, the Bank of Canada said. The central bank estimated the economy will return to full capacity by the end of 2017.What the Bank of Canada interest rate hike means for you – Toronto Star Full Coverage

New Oshawa GO station will soon be open for business

New Oshawa GO station will soon be open for business Daily Commercial News The new Oshawa GO/Via Rail Station will soon be open for business as … Heating is in-floor hydronic, in combination with a variable refrigerant flow …

Three Highway 401 bridges to be replaced in Oshawa and

Three Highway 401 bridges to be replaced in Oshawa and Clarington durhamregion.com OSHAWA — In its next phase of work on Durham’s stretch of Highway 401, the province is planning on replacing two aging but well-used bridges that …

Oshawa launches pilot project while considering city-wide rental licensing program

Oshawa launches pilot project while considering city-wide rental licensing program durhamregion.com OSHAWA — Christeen Thornton is the acting leader of Acorn Canada in Durham Region. The organization advocates on behalf of renters and …

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