What’s Happening – November 2021
There’s a chill in the air and we already had our first taste of snow, are you as excited for winter as I am? With ski season just around the corner, we are now getting a bigger picture of how Real Estate performed in Southern Georgian Bay in 2021. An...Why the First-Time Home Buyer Incentive is struggling to gain traction
Why the First-Time Home Buyer Incentive is struggling to gain traction https://www.theglobeandmail.com/canada/article-why-the-first-time-home-buyer-incentive-is-struggling-to-gain-traction/ MATT LUNDYECONOMICS REPORTER SEAN KILPATRICK/THE CANADIAN PRESS The federal...Royal LePage: Canadian recreational house prices forecast to increase 15% in 2021
Highlights: A house in Ontario’s and Atlantic Canada’s recreational property markets expected to see highest price gains in 2021, rising 17%; Quebec and British Columbia recreational markets forecast to increase 15% and 13%, respectively 91% of recreational experts in...Royal LePage Canadian Home Price Update – Q4 2020
Royal LePage: More than half of Canada’s largest real estate markets see double-digit price growth as national home values soar 9.7% in fourth quarter Fourth quarter regional highlights: Price of detached homes continue to outpace condominiums as Canadians trade...Cottage prices rise amid demand from remote workers, retirees
Home prices are increasing in Canada’s cottage country
Royal LePage sees Canadian home prices rising 5.5% in 2021
Canadian real estate brokerage Royal LePage expects home prices to rise 5.5 per cent in 2021, building on unexpectedly strong growth this year, driven by a shortage of properties for sale and record low interest rates. Royal LePage said the aggregate price of a home...Legislature Supports Hospital Planning in Simcoe-Grey
November 23, 2020 – The Ontario Legislature has voted unanimously to support planning for hospital redevelopments in Collingwood and Alliston. In his latest effort to keep the issue on the Legislative agenda, Simcoe-Grey MPP Jim Wilson introduced a Private Member’s...WHAT’S HAPPENING – NOVEMBER 2020
As we experience some unseasonably warm temperatures this week, it is the perfect reflection of the red hot real estate market in our region. Southern Georgian Bay’s volume and unit sales continued to rocket onward first spiking in the summer, then a brief decline and...Rethinking Home Base – BBC News Article
In This BBC News Article, Karen Willison weighs in on the massive sales boom in Southern Georgian Bay. The home office is a “huge factor in our exponential growth,” Willison says. Nor does she believe the trend will end once the crisis is past. “I believe 80% will...Local News – Concerns Over Pumped Storage Plant
In an open letter to The Meaford Independent, a local resident has voiced her concerns over the proposed pumped storage plant. Read her comments here :...Buyer Demographic Much Different in 2020
As summer 2020 begins to wind down, the same cannot be said for the flourishing real estate market. With limited inventory coupled with low interest rates the pent up demand from the traditional spring market lasted well into summer and is...