Blog  //  Oakville Real Estate by Ryan Crane

07 Jun 11 Posted by Ryan Crane in Oakville Real Estate Market | 0 comments

Oakville Real Estate and GTA Market Watch

Oakville Real Estate and GTA Market Watch

Greater Toronto REALTORS® reported 10,046 sales in May 2011 – up six per cent compared to May 2010. This result was the second best on record for May under the current Toronto Real Estate Board service area. The number of new listings in May, at 16,076, was down 15 per cent compared to last year. Oakville Real Estate agents reported the sales of 257 Oakville Homes last month, which was up 12.7% over last month, and 40% above sales reported for the same month last year. While sales in the Oakville Real Estate market were up last month, there were only 519 Oakville Homes for Sale which was down 18.6% from May of 2010. The tight supply of homes has led to more competition among buyers for homes that show well and are priced right. Read more...

01 Jun 11 Posted by Ryan Crane in Oakville Real Estate | 0 comments

Oakville Real Estate – CMHC Predicts Return to Stability

Oakville Real Estate – CMHC Predicts Return to Stability

CMHC predicts that the housing market will stabilize in 2011, and that housing starts are expected to keep reflective of ‘demographic fundamentals’ through 2011-2012. “Modest economic growth, in conjunction with relatively low mortgage rates, will continue to support demand for new homes in 2011 and 2012. Nonetheless, we are expecting new and existing housing markets to fall in line with demographic fundamentals, as changes to mortgage rules take hold,” said Bob Dugan, Chief Economist for CMHC. Housing starts are forecast to be in the area of 166,600 to 192,200 units in 2011, with a point forecast of 179,500 units. In 2012, housing starts are expected to be in the range of 163,200 to 207,500 units, with a point forecast of 185,300 units. Housing Starts in the Oakville Real Estate area are expected to remain stable. Read more...

31 May 11 Posted by Ryan Crane in Oakville Real Estate | 0 comments

Tim Hortons Camp Day is June 1st

Tim Hortons Camp Day is June 1st

Wednesday, June 1 is Tim Hortons Camp Day! Camp Day is the one day each year when every penny from coffee sales at Tim Hortons Restaurants is donated to the Tim Horton Children’s Foundation. On Camp Day, when guests buy a coffee and participate in various fundraising activities, they will help send more than 14,000 kids on the camping adventure of a lifetime. Campers aged nine to 12 years attend a 10-day summer camp session or a seven-day winter camp session, at one of the Foundation’s six camps in Canada and the United States. Children are selected by Tim Hortons Restaurant Owners who work closely with local youth organizations and schools to identify kids who would most benefit from an experience at camp. Read more...

25 May 11 Posted by Ryan Crane in Ryan Crane | 0 comments

Jack’s ‘miracle’ lemonade stand returns

Jack’s ‘miracle’ lemonade stand returns

Pennies spent at a child’s lemonade stand can go a long way — not just for eight-year-old Jack Yeilding, but lots of other children who need miracles. Saturday, May 28 will be the fifth edition of Jack’s Lemonade Stand. The fundraiser that began as a simple driveway lemonade stand run by Jack, an Oakville boy with intractable epilepsy, has raised more than $225,000 for Toronto’s Hospital for Sick Children. Even more amazing is the epilepsy that threatened Jack’s life was eliminated less than two years ago by brain surgery at the hospital. This year’s event promises to be as much fun as its predecessors with a special guest this year being a tiger. The fundraiser, in support of the Hospital for Sick Children, will run from 9 a.m. to 2 p.m. at Pine Glen Park on Third Line — rain or shine. Originally hosted at Jack’s home, the event has now moved to the park to accommodate all it has to offer. Read more...

19 May 11 Posted by Ryan Crane in Oakville Homes | 0 comments

Canada’s rich fuelling rebound in luxury housing

Canada’s rich fuelling rebound in luxury housing

As the CEO of a prominent real estate title insurance company, Thomas Grifferty has seen his share of impressive properties. But when he first saw plans for the Edgemere waterfront condominium project in the Oakville Real Estate market, he was sold. “It didn't take us long to make a decision to live here,” said Grifferty, the head of First Canadian Title, the largest title insurance company in Canada. “This is a really unique property by the lake.” Entrepreneurs such as Grifferty are one reason why the Canadian luxury home market has seen a resurgence this year as it comes out of the 2009 recession, when credit markets froze. A burgeoning Canadian millionaires club has caused demand to rebound for luxury goods ranging from Hermes handbags to real estate. Read more...

 

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