Interest-rate hike threatens slowdown for Canada's real-estate market

By: Case Feenstra Team

Interest-rate hike threatens slowdown for Canada's real-estate market

Tags: Real Estate Market, Interest Rate, Bank of Canada, Mortgage

 The Canadian real estate market could face adversity as the announced interest rate hike. Last Wednesday, the Bank of Canada recently hiked its overnight rate to 1.25 per cent after strong economic performance in 2017. Experts believe that if the economy keeps this pace the rate may be bumped a couple more times over the year.   Higher interest rates, coupled with the new mortgage stres...Read More

New Housing Development in Mississauga will feature condos, lofts and townhomes

By: Case Feenstra Team

New Housing Development in Mississauga will feature condos, lofts and townhomes

Tags: Mississauga, Housing Market, Real Estate, Development

People have different tastes and budgets. What better way for a developer to satisfy these differences by building a 3 in 1 development?   This unique development is located in the east end of Mississauga, near the Burnhamthorpe and Dixie intersection and will feature a 14 storey condo, a four story condo loft, and multiple urban townhomes.   Not only is this development unique, the cond...Read More

What's the State of Foreign Real Estate Investment in the GTA?

By: Case Feenstra Team

What's the State of Foreign Real Estate Investment in the GTA?

Tags: Real Estate Market, Housing Market, Foreign Investment

The Canadian housing market is set to continue its seemingly perpetual rise and the exact causes of this market trend still remain unknown. For many, a rising real estate market is a good thing, but higher prices can push homebuyers out of the market altogether. With enough public pressure, a hot market can become a policy issue that governments are forced to address. In many of Canada’s l...Read More

How The Winter Season Affects The Canadian Real Estate market

By: Case Feenstra Team

How The Winter Season Affects The Canadian Real Estate market

Tags: Canadian Real Estate, Real Estate Market, Housing, Winter

The weather plays a significant part in our daily lives. The weather influences what we wear, our outdoor activities, and even plays a significant factor in affecting the Canadian Real Estate market. Trends and statistics show that the market performs better during the spring and summer seasons.   In contrast, the winter season proves to have a series of added adversities that contribute to t...Read More

Won't be Beat? Oakville's No Frills is Closing

By: Case Feenstra Team

Won't be Beat? Oakville's No Frills is Closing

Tags: Oakville, Local Residents, Loblaw, Trafalgar Village

  It seems that No Frills has been beat. That, and the College Park neighbourhood in Oakville only has room for upscale grocery stores like Whole Foods and Pusateris. The long-standing No Frills in Trafalgar Village is scheduled to close on February 3 – less than three weeks from now.   How can this happen? What happens to many people that rely on good deals for basic food necessi...Read More

Upcoming Public Meetings to Address Glen Abbey Development

By: Case Feenstra Team

Upcoming Public Meetings to Address Glen Abbey Development

Tags: Oakville, Official Plan, Public Meetings, Glen Abbey

Oakville’s Town Hall will host a two public meetings in the upcoming weeks which will provide information to residents regarding the proposed official plan amendment for Glen Abbey.   The first meeting is this coming Wednesday, January 10. The first session begins at 2pm and runs until 4pm. Another session will run from 6:30pm until 8:30pm. Both sessions take place in the Trafalgar room...Read More

December Housing Market Results: Flat

By: Case Feenstra Team

December Housing Market Results: Flat

Tags: Real Estate, GTA, Housing Prices, Housing Inventory

The December housing stats show the continued flat-lining of the real estate market in the GTA.   Home prices in the GTA averaged $735,021 in December, up just 0.7% from $730,124 in December, 2016. Sales fell by 7% which is a lower percentage than previous months.   For detached homes, sales fell by 14% and prices were down 2.5%. This category of housing is underperforming compared to co...Read More

What are microgrids and why are they important?

By: Case Feenstra Team

What are microgrids and why are they important?

Tags: Microgrids, energy use, smart appliances,

Our modern electricity grid is actually not very modern. Society needs a grid that is greener, more reliable, and more resilient to extreme weather. Microgrids can provide for all three of these needs.   So what is a microgrid? A microgrid is a small, freestanding grid of power sources, power users, connections between sources and users, and a control system to operate it all.   Microgri...Read More

Why is it so cold?

By: Case Feenstra Team

Why is it so cold? "Good old global warming"?

Tags: Jet Stream, Winter Weather, North American Dipole

This holiday season has been blasted with extremely cold temperatures and loads of snow. How does this make sense in the context of climate change? Aren’t global temperatures supposed to be rising?   Oddly enough, the cold winter temperatures we’ve been experiencing can be partially explained by climate change. The jet stream is a wind pattern that usually blows from west to east ...Read More

Baby Boomer Confidence In Real Estate Market Remains Strong

By: Case Feenstra Team

Baby Boomer Confidence In Real Estate Market Remains Strong

Tags: Real Estate Market, Baby Boomer Investment, First Time Buyers

Real estate is the leading investment for Baby Boomers in Canada’s major cities.   A recent study conducted by Sotheby’s International Realty and Mustel Group shows found that a significant portion of urban Baby Boomers believe that their real estate investments have outperformed their financial investments.   What are baby boomers doing with the returns from these investment...Read More