Blog  //  Oakville Real Estate by Ryan Crane

16 Apr 11 Posted by Ryan Crane in Ryan Crane | 0 comments

Oakville Real Estate - Leaf Legends Coming to Town

Oakville Real Estate - Leaf Legends Coming to Town

A couple of the hockey legends that will be coming to town this week to celebrate ‘Entertainment Central’s first anniversary are former Toronto Maple Leaf greats Wendel Clark and Jonny Bower. Entertainment Central is celebrating its first anniversary in the Oakville Real Estate market and has invited some big name former NHL stars to an open house event on Wednesday, April 20. The event will include free food and drink samplers, plus live entertainment and some giveaways. Read more...

14 Apr 11 Posted by Ryan Crane in Oakville Homes | 0 comments

Building permits beat expectations: Stats Can

Building permits beat expectations: Stats Can

The figures for building permits actually surpassed analysts’ expectations for February, according to the latest data from Statistics Canada. Building permits issued jumped 9.9% from January, which was well above the analysts’ predictions of between 1%- 1.4% for February. Municipalities granted building permits totalling $5.8 billion in February. Stronger than expected activity in the non-residential sector pulled up the market as a whole, offsetting declines in residential market activity. These gains were mostly centered in Alberta and Ontario. The 'Oakville Real Estate' building permits issued were not specified in the report released. Read more...

13 Apr 11 Posted by Ryan Crane in Oakville Homes | 0 comments

Housing Starts Rise in March: CMHC

Housing Starts Rise in March: CMHC

The latest figures released by the Canadian Mortgage and Housing Corporation (CMHC) showed that housing starts rose in March. Housing data continues to be positive, and it seems like there is some balance coming back to the market- with increases in some regions, and decreases in others, resulting in an overall upwards trend. The seasonally adjusted annual rate of housing starts registered in at 188,800 units in March- which is a rise up from 183,700 units in February 2011. The Oakville real estate market played a small role in helping increase the numbers that were led higher predominantly by Ontario and the Atlantic region. Read more...

12 Apr 11 Posted by Ryan Crane in Oakville Mortgage Info | 0 comments

Bank of Canada leaves Overnight Rate at 1%

Bank of Canada leaves Overnight Rate at 1%

OTTAWA, April 12 /CNW/ - The Bank of Canada announced this morning that it will be maintaining its target for the overnight rate at 1 per cent. The bank rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. Since raising its overnight lending rate to one per cent in September, the bank has held steady for five consecutive policy decisions. The decision to keep the rate unchanged should benefit home buyers throughout the GTA and 'Oakville Real Estate' markets as mortgage rates should also remain low in the short term. The Prime Rate is currently at 3.0 per cent. You can always find the current mortgage rates, and some useful mortgage calculators, on the Mortgage Rates and Calculators page on this website. Read more...

05 Apr 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

We are officially in the midst of another strong spring market. The Toronto Real Estate Board released the March statistics today, and they showed that Greater Toronto REALTORS® reported 9,262 transactions through the TorontoMLS® system in March 2011, representing the second best March result on record. The number of transactions was 11 per cent lower than the record result reported in March 2010. 'Oakville Real Estate Agents' reported 206 'Oakville Homes' sold during the same time. Read more...

 

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