Archives for News

Price Surges in Canada’s Biggest Cities Mask an Otherwise Temperate National Market

Royal LePage forecasts steady price gains for the full year, inventory shortages in large cities continue TORONTO, July 9, 2014 – With the harsh winter now a fading memory, the average price of a home in Canada increased between 3.9 and 5.2 per cent in the second quarter of 2014. Prices are expected to increase steadily for the balance of the year, according to the Royal LePage House Price SurveY and Market Survey Forecast released today. According to the survey, price increases were posted across housing types, with detached bungalows seeing the highest year-over-year gains, rising 5.2 per cent to
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Big Savings for First-Time Home Buyers!

Cost Savings Programs for First-Time Home Buyers The real estate market is at its prime across the country, and there has never been a better time to be a first-time home buyer in Canada. With both federal and provincial governments offering a number of resources, grants, and rebates to the first-time home buyer, now may be the time to purchase your dream home. Here are five programs that can help you afford to purchase your own home without breaking the bank: Home Buyer’s Plan GST/HST New Housing Rebate First-Time Home buyer’s Tax Credit Energy Efficient Housing Home Buyer Privileges
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Meet the Team from Royal LePage

[vc_row][vc_column][vc_column_text] The Royal LePage Shelter Foundation is thrilled to announce the team from Royal LePage offices across Canada who will be trekking to Machu Picchu in 2015 to raise funds and awareness for the Royal LePage Shelter Foundation. For eight days, this group of enthusiastic supporters will be trekking at high altitude, camping in tents, and forgoing running water, electricity and cell service to help restore hope for women and children escaping violence. Four representatives from Royal LePage Niagara will be part of this group. We’re thrilled that Henny Didreksen-Cowherd and Mia Kennedy from the Maywood Office in St. Catharines, Emma Csak from
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Team Royal LePage Niagara at the Dragon Boat Festival 2014

Royal LePage Niagara participated in the Dragon Boat Festival 2014 in aid of the Wellspring Niagara Cancer Support Foundation on Saturday June 14th at the Royal Henley in Port Dalhousie. Our paddlers raised money to donate to the Foundation, and raced well placing third in their first race and second in their following two races. Thank you to all our donors and participants. Way to go Team Royal LePage!
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Royal LePage Niagara Reports the Highest Sales in May since 2007!

Royal LePage Niagara Reports the Highest Sales in May since 2007!  The spring market has finally arrived and Royal LePage Niagara had a great month of May.  The Niagara Real Estate Board showed a 1% rise in sales activity year over year and a 10% increase in May 2014 over May of 2013. The year to date average of a single family home in the region now stands at $247,979.  That”s up 6.1% over last year.  Prices are expected to remain at current levels with some areas seeing small percentage increases.  Based on a sales-to-new listings ratio of between 40 and
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Warmer Weather Spurs Rise in Recreational Property Sales Across Canada

2014 Recreational Property Report from Royal LePage confirms pent-up demand following harsh winter and delayed spring.     Toronto, ON, June 5, 2014 – After a slow start to the year, sales activity in Canada’s recreational property market is beginning to pick up, according to the 2014 Royal LePage Recreational Report released today. A long and severe winter delayed the traditional spring buying season, but the arrival of waterfront-friendly weather has increased interest, is generating higher inventory levels and is driving sales activity. The Royal LePage Recreational Property Report compiles information from a cross-Canada survey of brokers and agents who specialize in the recreational real
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Niagara Home Prices on the Rise

The Niagara Region reported a 6.9% increase in the average sale price of  a single family residential home for the period ending April 30th. Home sales in the region continue to lag the 2013 market but we are anticipating a robust late spring market. The drop in sales has not affected house prices as the average selling price for the Niagara Region is $246,068 compared to last year when the average price was $230,153.  Niagara Falls, St.Catharines & Fort Erie are reporting a rise in average sale prices of more than 10%.   Homes sales in the $200,000 to $300,000
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Fill a Hamper, Fill a Heart!

The staff and agents at Royal LePage Niagara have been busy filling hampers with household supplies to be donated to mothers and children escaping abuse. There are TWO ways YOU can get involved: RLP baskets of hope 1. Pick up a hamper from one of our 14 Royal LePage Niagara offices, fill it with household goods, and bring it back to one of our offices; or drop it off at the Royal LePage Niagara Maywood office on or before Thursday, May 22nd, and join us on the afternoon of the 22nd at 3pm for a BBQ and drinks ($10 admission).
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