Durham Region Real Estate Blog

There is no doubt that real estate is a hot topic of conversation in communities across the GTA and across the nation.

Prices have soared to record levels while supply levels have dwindled to levels not seen in many years in many places including Durham Region.

Durham Region has become a hotbed of real estate activity in the last few years, outperforming...

Section 3

As the spring real estate market continues to unfold in Durham Region and the Greater Toronto Area, I get asked a lot if prices will continue to go up, or whether they will start to fall.

My take on the situation is that prices in Durham Region are going to continue to rise for the near term, as market factors and government intervention...

Why is Oshawa Real Estate So Hot?

If you have been following the Oshawa Real Estate market lately, it's no secret that prices are rising at a rapid pace.

Prices in February on average rose 48% from a year earlier. Think about that for a moment - just one year and a 48% increase in prices!

Oshawa is one of Canada's hottest...

If you bought an average detached home in Scugog in 2011, with a 5% down payment, your down payment would have been $18,950 on a price of $378,990.

In just 5 years, that average home would now be worth $625,967.  You would have made $246,977 in equity on your home. But you only invested a down payment of $18,950 - your gain on that would amount...

If you bought an average detached home in Clarington in 2010, with a 5% down payment, your down payment would have been $15,034.05 on a price of $300,681.

In just 5 years, that average home would now be worth $421,801.  You would have made $121,120 in equity on your home. But you only invested a down payment of $15,034.05 - your gain...