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A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Saturday, August 12, 2017

Southern Ontario slows nationwide gains for new home prices

New home prices were up just 0.2% in June following increases of 0.7% in May and 0.8% in April, Statistics Canada reported Thursday.

The nationwide gain was moderated by southern Ontario which paused after recent gains, while Ottawa-Gatineau was one of the drivers of nationwide prices (0.9%) along with Vancouver (1.5%) with builders citing improved market conditions.

There was no change in new home prices in Toronto in June, along with other neighbouring cities, except St. Catharines-Niagara and Kitchener-Cambridge-Waterloo which both saw gains of 0.1%.

The slowdown in southern Ontario follows the introduction of the Fair Housing Plan in April which includes the 15% non-resident speculation tax.

Overall, prices were up in 8 CMAs, down in 5 and unchanged in 14.

On a 12-month basis, national new home prices were up 3.9%, led by an 8.5% rise in Toronto and gains for Kitchener–Cambridge–Waterloo (+6.5%), London (+6.4%), Vancouver (+6.2%) and St. Catharines–Niagara (+6.0%).

MBN

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