Durham Region Real Estate Blog

Great news for prospective homebuyers! Bank of Canada Governor Mark Carney has decided to hold the key policy rate at 1.0% for now, and indicated that it will remain there for longer than originally expected. 

The benchmark overnight rate is the rate that the Bank of Canada sets for financial institutions for one day loans amongst themselves.  This...

March, 2013 sales figures have just been released by the Toronto Real Estate Board, and Durham Region's trend of outpacing Toronto in terms of year over year price gains continues. Durham region demonstrated a year-over-year composite (for all property types) price increase of 6.17%, compared to 1.5% in the City of Toronto and 2.91% for...

Statistics Canada has released January, 2013 figures for the New Housing Price Index (NHPI), and it shows a national 2.2% year-over-year increase in new home prices. The NHPI tracks new home prices across key market regions across the nation, with the intent to show prices before HST on the same detailed specifications over consecutive periods. According...

This is my second article on Durham Region schools, having covered elementary schools earlier.  This article lists secondary school rankings for the 2011/2012 year as rated by the Fraser Institute - a non-partisan, independent research and educational organization.  Rankings are made for academic performance based upon standard testing that...

Highway 407E is coming along, and the first big group of road closures is upon us!

Take note of the following closures, as they may well impact you along several key Durham Region arterial roads, including Highway 401 east and west.

WHITBY

Dundas Street between Halls Road and McQuay Boulevard – March 19, 2013 to March 20, 2013 Lake...

February, 2013 sales figures have just been released by the Toronto Real Estate Board, and Durham Region continues to outpace the Greater Toronto Area in terms of year over year price gains. Overall, Durham Region showed a year-over-year price increase of 5.62%, compared to 2.07% in the City of Toronto and 3.17% for the entire Toronto Real Estate...