Archive for January, 2015

Eureka! The TRUTH About Condo Sales in Collingwood

Every time that I pick up a national newspaper, there are articles about the trend of people purchasing condominiums rather than detached houses. In general, people don’t seem to talk about that here in Collingwood and on the surface, it doesn’t seem like that trend is taking hold here. But wait. Is it? I know […]

Are You Looking for an Investment Condo in Collingwood?

As an investment, this unit located can easily carry itself in full – something we don’t often see any more in the Collingwood area let alone one that has views of the Bay over greenspace and that is located in a gated community with amenities galore. We certainly have a winner here and I’m very […]

Collingwood and Area Real Estate Barometer Jan.16-22, 2015

This market summary includes data for Collingwood, Blue Mountains, Wasaga Beach, Clearview, Grey Highlands and Meaford. The information was obtained from the MLS® statistics provided by the Southern Georgian Bay Association of REALTORS®. Previous week(s) in brackets. Single Family Residential New Listings:  72 (44, 49, 11) Average List Price: $406,255 Range of List Prices: $155,000 […]

Bank of Canada Lowers Key Interest Rate to 0.75%

In response to the recent sharp dip in oil prices and the resulting negative impact on growth and inflation, the Bank of Canada announced today that it is lowering its target for the overnight rate to 0.75 percent, a drop of one quarter of one percentage point.  Read the full press release, here. The Bank of Canada […]

Town of Collingwood Planning Update: New Developments

In December, we attended the annual panel of Planners session which is an opportunity for us to interact with municipal staff and planners about local planning initiatives and developments. Today we present the information provided by the Town of Collingwood. The Official Plan update is needed to comply with the Provincial Growth Management Plan and […]

Collingwood and Area Real Estate Barometer Jan. 9-15, 2015

This market summary includes data for Collingwood, Blue Mountains, Wasaga Beach, Clearview, Grey Highlands and Meaford. The information was obtained from the MLS® statistics provided by the Southern Georgian Bay Association of REALTORS®. Previous week(s) in brackets. Single Family Residential New Listings:  44 (49, 11, 18 ) Average List Price: $509,018 Range of List Prices: […]

Ontario Rent Increase Guidelines for 2015

Did you know that rent controls were developed in 1975 as a temporary measure? Here we are 40 years later and the rent control guideline for rent increases in 2015 is 1.6% in Ontario. Landlords may increase rents once every 12 months for existing tenants and must provide 90 days’ notice of any planned increase. […]

Town of Wasaga Beach Planning Update: What Lies Ahead

We recently attended the annual Panel of Planners session, which is an opportunity for us to interact with municipal staff and planners about local planning initiatives and developments. Planners or staff attended from the Municipalities of Clearview, Collingwood, Wasaga Beach, The Blue Mountains, Meaford and Grey Highlands.  We will give you a synopsis of each […]

Collingwood and Area Real Estate Barometer Jan. 2-8, 2015

This market summary includes data for Collingwood, Blue Mountains, Wasaga Beach, Clearview, Grey Highlands and Meaford. The information was obtained from the MLS® statistics provided by the Southern Georgian Bay Association of REALTORS®. Previous week(s) in brackets. Single Family Residential New Listings:  49 (11, 18, 31 ) Average List Price: $469,712 Range of List Prices: […]

Five Factors That Will Drive Canadian Mortgage Rates in 2015

Guest Post by Dave Larock In today’s post we’ll kick off 2015 by looking at five key factors that will signficantly influence the direction of Canadian fixed and variable mortgage rates in the coming year. The Strength of the U.S. Recovery The U.S. economic recovery has recently shown many encouraging signs. Employment is picking up, […]

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