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CMHC Housing Market Outlook 2015

[vc_row][vc_column][vc_single_image image=”2389″ border_color=”grey” img_link_target=”_self” img_size=”full” alignment=”center”][vc_text_separator title=”First Quarter 2015 Overview: housing starts will moderate slightly in 2015″ title_align=”separator_align_center” color=”black”][vc_column_text]   This report provides an update to CMHC’s 2014 Q4 Housing Market Outlook, reflecting the evolution of risks since our last forecast through revisions to forecast ranges. Broadly speaking, the evolution of risks since the final quarter of 2014 has mainly been on the downside. Evolving risks include the impacts of declining oil prices and further potential decreases in interest rates on economic and housing activity. Under the base case scenario, housing starts are expected to decline by 1.0 per cent
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November 2014 Statistics

Christmas Came early for the Niagara Real Estate Market! The November sales volume in the region for residential properties exceeded last years unit sales by more than 20%. St Catharines saw a 60% increase in the monthly sales this November over the sales reported for the same period last year. Year to date the market is up 8% in unit sales and the average sale price rose 5.3% Overall, the real estate market in the Niagara Region is balanced, however, Grimsby, Stoney Creek & Smithville are experiencing a stronger sellers market due to a lack of inventory.
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6 Things to Ask When Buying a Cottage

Things to ask when buying a cottage – Buying a house in the city or suburbs can be complicated enough, but buying a cottage or vacation property outside of town requires even more due diligence. In town, you probably wouldn’t ask if the water coming out of the tap is drinkable. Nor would you wonder if the plumbing was hooked up to the sanitary sewer.  But these are exactly the sorts of questions you should ask when buying a cottage, plus a few more. Click here to read the article online 6 Things to Ask When Buying a Cottage This article
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Thank You Niagara!

Your Business is our Pleasure Thank you to all our loyal customers! We are grateful  for the opportunity to serve you in all your real estate needs. We value your patronage and appreciate your confidence in us. Client satisfaction is our consistent focus and also what separates us from the competition. Royal LePage Niagara is a team of over 400 sales representatives spanning several offices across the region. We are dedicated to providing the highest level of service in the real estate industry. We also have a reputation for expert advice as one of Canada’s leading real estate companies for
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Royal LePage Review Summer Newsletter

The Royal LePage Review is a quarterly publication by Royal LePage Niagara featuring real estate market updates and statistics for regional areas, as well as helpful tips for your home. This article was first published on https://nrcrealty.ca.
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Spring Market Still Booming In Niagara!

The Spring Market is Still Alive and Well in Niagara! The real estate market for the month of June was steady with sales exceeding last June by more than 9%. Year to date the market is up 2% overall with Port Colborne showing a 33% increase.  The year to date average of a single family home in the region now stands at $250,217 up 5.5% over last year.  Inventory levels in St. Catharines are less than 3 months which is low for this time of year. Grimsby & Stoney Creek inventory levels are less than 2 months. Based on a
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Price Surges in Canada’s Biggest Cities Mask an Otherwise Temperate National Market

Royal LePage forecasts steady price gains for the full year, inventory shortages in large cities continue TORONTO, July 9, 2014 – With the harsh winter now a fading memory, the average price of a home in Canada increased between 3.9 and 5.2 per cent in the second quarter of 2014. Prices are expected to increase steadily for the balance of the year, according to the Royal LePage House Price SurveY and Market Survey Forecast released today. According to the survey, price increases were posted across housing types, with detached bungalows seeing the highest year-over-year gains, rising 5.2 per cent to an
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Big Savings for First-Time Home Buyers!

Cost Savings Programs for First-Time Home Buyers The real estate market is at its prime across the country, and there has never been a better time to be a first-time home buyer in Canada. With both federal and provincial governments offering a number of resources, grants, and rebates to the first-time home buyer, now may be the time to purchase your dream home. Here are five programs that can help you afford to purchase your own home without breaking the bank: Home Buyer’s Plan GST/HST New Housing Rebate First-Time Home buyer’s Tax Credit Energy Efficient Housing Home Buyer Privileges This
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Meet the Team from Royal LePage

[vc_row][vc_column][vc_column_text] The Royal LePage Shelter Foundation is thrilled to announce the team from Royal LePage offices across Canada who will be trekking to Machu Picchu in 2015 to raise funds and awareness for the Royal LePage Shelter Foundation. For eight days, this group of enthusiastic supporters will be trekking at high altitude, camping in tents, and forgoing running water, electricity and cell service to help restore hope for women and children escaping violence. Four representatives from Royal LePage Niagara will be part of this group. We’re thrilled that Henny Didreksen-Cowherd and Mia Kennedy from the Maywood Office in St. Catharines, Emma Csak from
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Team Royal LePage Niagara at the Dragon Boat Festival 2014

Royal LePage Niagara participated in the Dragon Boat Festival 2014 in aid of the Wellspring Niagara Cancer Support Foundation on Saturday June 14th at the Royal Henley in Port Dalhousie. Our paddlers raised money to donate to the Foundation, and raced well placing third in their first race and second in their following two races. Thank you to all our donors and participants. Way to go Team Royal LePage!
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