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Category Archives: Housing News

RE/MAX 2018 Spring Market Trends Report

RE/MAX 2018 Spring Market Trends Report
A recent RE/MAX survey conducted by Leger found more than one in four Canadian homebuyers report feeling pinched by the stress test, which came into effect in January of this year. However, projections for the spring market show optimism with most markets expected to remain stable or improve. The average residential sale price in the…
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NWPB Releases the Results of Niagara’s 2018 Employer One Survey

NWPB Releases the Results of Niagara’s 2018 Employer One Survey
Throughout the early months of 2018, Niagara Workforce Planning Board (NWPB) conducted the Employer One Survey, and as of April 11, 2018, the results are now publicly available. The Employer One Survey is an annual labour market survey for employers throughout the region, intended to gather their perspectives on the state of the local labour…
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January Market Update

January Market Update
As we draw closer to the Spring real estate market (it really is just around the corner!) we're encouraged to see that although unit sales numbers are down average prices across Niagara are holding strong. The Niagara Association of REALTORS® (NAR) reported 371 property sales processed through the NAR Multiple Listing Service (MLS®) system in…
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Ontario Announces ‘Fair Housing Plan’

Ontario Announces ‘Fair Housing Plan’
Yesterday, (April 20th, 2017) Ontario Premier Kathleen Wynne announced more information regarding the efforts to cool the housing market in Southern Ontario. Some of the key details to be aware of include: 15 per cent tax on property purchases by foreign buyers. This tax is aimed at targeting speculators and excludes foreigners who buy properties…
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Niagara Association of REALTORS® March Market Report

Niagara Association of REALTORS® March Market Report
April 4th, 2017, Niagara - The Niagara Association of REALTORS® (NAR) reported 928 property sales processed through the NAR Multiple Listing Service (MLS®) system in March. This represents a 26% increase in sales over March of last year. The residential average sale price of $403,251 was 33% higher than last March. The average days on…
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Meaning of Home – Writing Contest (grades 4, 5 & 6)

Meaning of Home – Writing Contest (grades 4, 5 & 6)
Genworth Canada's The Meaning of Home Contest invites Grade 4, 5 and 6 students from across Canada to submit a written essay about what home means to them for a chance to direct $50,000 to a Habitat for Humanity build of their choice in Canada and $1,000 cash prize for the school of the winning…
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Thanksgiving Update

Thanksgiving Update
In this time of Thanksgiving we give thanks to you for being a valued member of our Team Berkhout Bosse community of friends and clients. We are grateful for the opportunity of serving you and providing you with the best possible service, information and advice. As we head into the final quarter of the year…
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SOLD! 1507 Haist St., Fonthill

SOLD! 1507 Haist St., Fonthill
Classic gem located walking distance to Fonthill Village centre , 1522 sq.ft in size this 1.5 story home is much larger than it appears from the street. The flexible floor plan features 4 bedroom and 2 bathrooms with 2 large bedrooms and full bathroom up and 2 bedrooms and full bathroom on the main floor;…
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Niagara Home Sales Hot this Summer

Niagara Home Sales Hot this Summer
It has been an active summer for real estate sales across the Niagara Region with 2994 unit sales reported during the months of June, July and August in the communities serviced by the Niagara Association of REALTORS®. This figure reflects a gain of 15.7% over last year’s total of 2588 transactions during the same three…
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Pelham Market Update – June 2016

Pelham Market Update – June 2016
Sales UP 45.2% - Average Price Jumps 15.6% During the first six months of 2016 there were 212 unit sales recorded in Pelham – up 45.2% from the total of 147 transactions reported between January and June 2015. Our local 12 month average price now stands at $450,554 up 15.6% from last June’s month end…
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Multiple Offers are the New Normal in Niagara

Multiple Offers are the New Normal in Niagara
Have you heard the latest Niagara real estate news? Toronto hyper-activity trends have hit out local market. With demand continuing to escalate as our inventory of available listings remains at record lows multiple offers are now a regular occurrence. CASE STUDY: This month Team Berkhout Bosse handled the sale of a 15 year old raised…
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Ways we say “I Love You” to our Clients

Ways we say “I Love You” to our Clients
Loving our customers is about service, not sales. Nobody likes the feeling of being “SOLD’ to. After nearly 30 years of both making our career in a professional service industry we embrace the philosophy of this famous quote by Maya Angelou. “I've learned that people will forget what you said, people will forget what you…
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A Good Year for Local Real Estate – 2014 Market Review

A Good Year for Local Real Estate – 2014 Market Review
It was a Happy New Year celebration indeed for our local real estate market. Sales levels hit record heights in Pelham this past year while the average price in Welland spiked dramatically. Residential sales in Pelham reached 232, a healthy 7.9% increase over the total of 215 recorded in 2013. This year-end tally reflects the…
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How Much Do You Need to Earn to Buy a Home in Our Local Area?

How Much Do You Need to Earn to Buy a Home in Our Local Area?
We just read an interesting article just published on Workopolis: How much you need to earn to buy a house in every major Canadian city? Click here to read full article Using the same criteria outlined in the Workopolis analysis the figures for our local market are as follows: (The Welland and Pelham 12-Month Average…
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Say NO to Another Home Owner TAX!

Say NO to Another Home Owner TAX!
Preventing the spread of municipal land transfer taxes (MLTT) is the focus of a new advocacy campaign at the Ontario Real Estate Association. The association launched the issue-based campaign in April to demonstrate the negative economic impact of the MLTT, based on the findings of new research studies. Currently allowed only in Toronto, this tax…
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Was the Property You are Buying ever used as a Grow Op?

Was the Property You are Buying ever used as a Grow Op?
OREA renews call for grow-op registry Ninety-six per cent of Ottawa residents agree they want to know if the home they’re planning on purchasing was formerly used as a marijuana grow-op (MGO) or clandestine drug lab, according to a study by Ipsos Reid for the Ontario Real Estate Association (OREA). The poll found that almost…
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