A shaky month for Real Estate: Confidence, Sales, Prices

By: Case Feenstra Team

A shaky month for Real Estate: Confidence, Sales, Prices

Tags: Real estate Sales, real estate prices, Market Confidence, Housing

A lot can happen in a month. The real estate numbers reported in April pointed to a 33% price increase. But since then, confidence in real estate has dropped, as have sales and prices.   A poll conducted less than a month ago found that 50.1% of Canadians were confident in real estate, which was a record high. That number has fallen to 45.5% since. This can partly explain the reason for the s...Read More

2017 Bike Month in the GTHA

By: Case Feenstra Team

2017 Bike Month in the GTHA

Tags: Bike Month, Commute, GTA, Health, Transit

If you haven’t already, oil up your bike chain, pump up your tires, and hop on your bike for this year’s bike month. This year’s bike month kicks off May 29th and continues until the end of June. Bike Month aims to bring together families, artists, commuters, and community groups to promote cycling at hundreds of events throughout the month. Bike Month began in 1989 as a bike to...Read More

Why your next home should be a Passive House Plus

By: Case Feenstra Team

Why your next home should be a Passive House Plus

Tags: Passive Housing, Real Estate Value, Future Housing, Energy efficiency

Maybe you’ve heard of a passive house. Passive house plus takes energy efficiency a step further with energy generation.   A passive house uses very low amounts of energy. For example, the heating demand is 15 kWh/(m²a) which is just 10% of the use of an average house is the industrialized world. The total energy demand for a passive house must not exceed 60 kWh/(m²a). Passive...Read More

Oakville Family Ribfest: June 23-25

By: Case Feenstra Team

Oakville Family Ribfest: June 23-25

Tags: Oakville, Family Event, Sheridan, Rotary Club, Ribfest

Oakville Family Ribfest is less than a month away! Ribfest is the classic Oakville event you and your stomach don’t want to miss (depending on if you overeat). This year’s ribfest is bigger and better than ever. There’s a reason why it is voted as one of the best tourist attractions in the Oakville Beaver’s Reader’s Choice Awards. The 6th annual Ribfest is taking plac...Read More

High Speed Rail From Toronto To Windsor: Good for Real Estate Markets

By: Case Feenstra Team

High Speed Rail From Toronto To Windsor: Good for Real Estate Markets

Tags: Real Estate, Infrastructure investments, Low Carbon Transportation, Urban Planning

60% of Ontarians live on the corridor between Windsor and Toronto – that is 7 million people. A new high speed rail line would provide realistic housing options for many younger generations who are looking for home ownership. Urban planning could change drastically as many people could live further from where they work. The new train would be able to travel at 250 km/h.   A trip between...Read More

Is the GTA housing market actually cooling off?

By: Case Feenstra Team

Is the GTA housing market actually cooling off?

Tags: Real Estate, Fair Housing Plan, Bidding Wars, Selling price

33% more homes are on sale in April 2017 compared to April 2016. Bidding wars are less frequent. Property searches are slowing, and sellers can no longer expect selling prices to soar hundreds of thousands of dollars higher than the asking price.   A lot of these factors stem out of the Ontario government’s 16 point Fair Housing Plan. Analysts have pointed out that the government’...Read More

Goldman Sachs: Canadian housing has a 30% chance of correction

By: Case Feenstra Team

Goldman Sachs: Canadian housing has a 30% chance of correction

Tags: Real Estate, Housing supply, Toronto, Housing markets

Goldman Sachs conducted a study on housing markets in G10 countries. They found that Canada had the third highest risk for a housing correction out of the G10.   Sweden and New Zealand have the most risk for a housing correction at 35 and 40% chance respectively. A housing correction, according to Goldman Sachs, is a price decrease of 5% or more per year.   Part of the reason for Canada&...Read More

Avocado Toast: The Bane of aspiring Millennial homeowners

By: Case Feenstra Team

Avocado Toast: The Bane of aspiring Millennial homeowners

Tags: Housing affordability, Home ownership, first-time buyer,

If you can’t afford a home, maybe it’s due to an insatiable appetite for $19 avocado toast, according to Tim Gurner, a 35 year old real estate mogul. His main point? Discretionary spending on luxury food items is a factor in the millennial generation’s difficulty in affording homes. Millennial’s expectations for living standards are just too high.   So does Tim Gurner&...Read More

Halton Region aims to be a leader in Cycle Tourism

By: Case Feenstra Team

Halton Region aims to be a leader in Cycle Tourism

Tags: Tourism, Cycling Infrastructure, Gran Fond, Milton Velodrome

Do you like cycling? If you do, and you live in Halton Region, the future is looking pretty good. The economic development division of Halton Region is developing a Cycle Tourism Strategy that will make Halton a premier destination for cycle tourism in the province.   Cycle tourism has become one of the fastest growing sport and recreational tourist activities in Canada and around the world. ...Read More

Clublink Appeal for Glen Abbey dismissed by the OMB

By: Case Feenstra Team

Clublink Appeal for Glen Abbey dismissed by the OMB

Tags: Glen Abbey, Ontario Municipal Board, Oakville, Development

The contentious issue of developing Glen Abbey Golf course into housing and commercial space has come to a halt – at least for now. The Ontario Municipal Board sided with the Town of Oakville in a recent hearing.   Clublink had appealed the interim control bylaw that the Town of Oakville used to prevent development while studies were completed. Clublink argued that the interim bylaw was...Read More