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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!

Monday, December 12, 2016

Number of new home construction projects dips in November, CMHC says

The federal housing agency says the number of new home construction projects dipped slightly last month.

Canada Mortgage and Housing Corp. says the seasonally adjusted annual rate of housing starts in all areas of the country fell to 183,989 units in November, down four per cent from 192,297 units in October.

In urban areas of Ontario, the seasonally adjusted rate of starts declined to 55,232 units, down 32 per cent from the previous month.

That's in contrast to urban areas of B.C., which saw an increase of 73 per cent to 44,019 units.

RBC economist Josh Nye says he anticipates the decline in home construction will continue next year, with starts falling by about 10 per cent as recent mortgage rule tightening by Ottawa causes existing home sales to fall.

MBN

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