Market Statistics - Weekly Sales Report - February 18, 2016

Coming Soon! 

 985 Southgate Drive - Oshawa

 Spacious updated 3 bedroom semi located minutes to shopping transit and 401 is situated on a mature lot - large L shaped living dining rooms overlooking beautiful back yard with newer 3 tier deck - - eat in kitchen - renovated main bathroom on 2nd floor with 3 large bedrooms w/ new premium laminate flooring - freshly painted / newer windows & patio door - partially finished basement w/ 3 piece bath / lookout basement.

Deep driveway. Call Jim for more information about this Great Home! 

Direct number  call or text 905-409-9967 

To Checkout this weeks hot #Bungalows-for-sale in #DurhamRegion - #PickeringBungalows - #AjaxBungalows -

#WhitbyBungalows and #OshawaBungalows 

Go to #BungalowDen.com

OREA Recommends Home Energy Retrofit Rebates

Province Announces Funding to Help Home Owners Improve Home Energy Efficiency 

Strong Start to 2016

February 3, 2016 -- Toronto Real Estate Board President Mark McLean announced Greater Toronto Area REALTORS® reported 4,672 residential transactions through TREB's MLS® System in January 2016. This result represented an 8.2 per cent increase compared to January 2015.

"It is clear that the handoff from 2015 to 2016 was a strong one. This is not surprising given that recent polling conducted for TREB by Ipsos suggested 12 per cent of GTA households were seriously considering the purchase of a home in 2016. Buying intentions are strong for this year as households continue to see home ownership as an affordable long-term investment," said McLean.

The MLS® Home Price Index Composite Benchmark Price for January 2016 was up by 10.7 per cent on a year-over-year basis. The average selling price over the same period was up by 14.1 per cent.

The difference in the annual growth rates for the MLS® HPI and average price was largely due to a greater share of high-end detached homes sold in the regions surrounding the City of Toronto this year compared to last. The MLS® HPI removes the impact of shifts in the share of different property types sold from one year to the next.

"Market conditions in January were tighter compared to a year earlier, with an annual increase in sales up against a decline in listings. This is why growth in the MLS® HPI benchmarks continued to be strong, especially for singles, semis and townhouses, where there has been a persistent lack of inventory," said Jason Mercer, TREB's Director of Market Analysis.    

Happy Ground Hog Day! 

Winston is our  Groundhog from the cottage in Apsley  predicts 6 weeks ? 

The Pre Spring Market is Here

Ontario's Wiarton Willie expects six more weeks of winter.

We have conflicting predictions in Canada

Shubenacadie Sam and Wiarton Willie disagree on spring's arrival

The Canadian Press Posted: Feb 02, 2016 9:11 AM ET Last Updated: Feb 02, 2016 9:25 AM ET

Two of Canada's famed four-legged forecasters have made clashing weather predictions.Nova Scotia's Shubenacadie Sam is calling for an early spring while Ontario's Wiarton Willie expects six more weeks of winter.According to tradition, if the groundhog doesn't see its shadow when it emerges from its burrow on Groundhog Day, an early spring is in store. read the whole story here and let me know your prediction .............................

#Groundhogday