This spacious 4 br home has over 5,000 sq/ft of commercial/industrial shop space. Comm space was used as metal fabrication shop. Listed at $415,000.
My daughter has been bugging me for swings for the last few years, but other projects always seemed to get in the way.
New listing coming soon in Shedden, just in time for Rosy Rhubarb!
Recently renovated 3br, 2 storey home on 70 x 132 lot. Updates include: Shingles, drywall, flooring, windows and more. Grocery store, bank, library, post office and more all within walking distance. Come see this country home with city convenience today!Listed at $119,900.00I'm here to help,Chuck Surette
Sales Representative
Coldwell Banker at Success Realty, Brokerage
Cell-519-777-4727
What better to have on a cold wet day than french onion soup.
Did you know that there was a forified native village, home to approximately 800 people that once existed in Iona?
Thanks to S&B Constuction for dropping off a load of mulch, that transformed my former woodpile into a beautiful seating area.
I'm here to help,Chuck SuretteOTTAWA – May 15, 2012 – According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity edged up by less than one per cent in April 2012.
Highlights:
Sales over MLS® Systems of real estate Boards and Associations in Canada edged up 0.8 per cent from March to April 2012, putting them on par with levels reported in the same month two years earlier.
Activity was either up or held steady in half of all local markets in April, with Toronto and Calgary posting the biggest monthly increases for the second month in a row. Activity gains in Montreal, Winnipeg, Edmonton, as well as London and St. Thomas also made significant contributions to the national sales increase in April. Increased activity in these markets offset monthly declines in Ottawa, Windsor-Essex, Quebec City, the Fraser Valley, and Vancouver.
“A number of Canadian housing market trends in April remained intact from the previous month,” said Wayne Moen, CREA President. “Trends in Vancouver and Toronto continue to diverge. These two housing markets have an obvious influence on national statistics and a high profile, but Canada is a big place. Trends in housing markets differ across Canada, and as all housing is local, buyers and sellers should speak to their local REALTOR® to better understand current and prospective trends where they live.”
Actual (not seasonally adjusted) activity stood 11.5 per cent above levels in April 2011, reflecting the slowdown in sales following changes to mortgage regulations that came into effect in March of last year.
A total of 157,804 homes have traded hands so far this year, up 6.4 per cent from levels reported in the first four months of 2011 and about four per cent above both the five- and 10-year averages for sales during the first third of the year.
The number of newly listed homes was little changed in April compared to March, having edged back 0.2 per cent on a month-over-month basis. The number of markets in which new listings rose (45) ran almost even with those where new listings eased (54).
The national housing market tightened marginally in April due to higher sales and stable new listings, but remains firmly entrenched in balanced market territory. The national sales-to-new listings ratio, a measure of market balance, stood at 55.9 per cent in April, up slightly from its March reading of 55.4 per cent. Based on a sales-to-new listings ratio of between 40 to 60 per cent, the number of local markets that were in balanced market territory in April (59) was up slightly from March (56).
Nationally, the number of months of inventory stood at 5.6 months at the end of April, unchanged from levels reported in March. The number of months of inventory represents the number of months it would take to sell current inventories at the current rate of sales activity, and is a further measure of the balance between housing supply and demand.
The actual (not seasonally adjusted) national average price for homes sold in April 2012 was $375,810, up 0.9 per cent from the same month last year. While more or less flat compared to last spring on a national basis, average sale prices were up on a year-over-year basis in 80 per cent of all local markets in April.
“It bears repeating that the national average price was skewed higher last spring by record level high-end home sales in Vancouver’s priciest neighbourhoods, and that a replay of this phenomenon was not expected this year,” said Gregory Klump, CREA’s Chief Economist. “Sales data confirm that high-end activity in Vancouver is well off the peak levels reached at this time last year, which is exerting a gravitational pull on the national average price.”
“By contrast, activity in Toronto is stronger this spring than it was last spring. Higher-priced sales activity there is on the rise and buoying average prices. As the most active housing market in Canada, Toronto is the biggest factor supporting national average price.”
“Netting Vancouver out of the national average price calculation yields a 4.9 per cent year-on-year gain. Netting Toronto out of the national average price calculation, while leaving Vancouver in, produces a 2.2 per cent year-on-year decline. Netting out both Vancouver and Toronto results in a 3.1 per cent increase in average price. On balance, this points to modest price growth amid balanced market conditions in much of the rest of Canada.”
I'm Here to Help,
Chuck Surette
Sales Representative
Coldwell Banker at Success Realty, Brokerage
Office-519-633-5570
Cell-519-777-4727
Getting ready for May 24 weekend. Why not roast mmallows?/
The old hardware store in Shedden is coming down. The building was recently destroyed by fire.
Spring has arrived at Nova Scotia line and things are looking green.
Lovely shot of Erie Rest Beach, Port Stanley's hidden jewel.
OTTAWA – April 27th, 2012 – The MLS® Home Price Index (HPI), the leading measure of Canadian home prices, stayed above year-ago levels in March 2012 according to statistics released today by The Canadian Real Estate Association (CREA). Year-over-year gains have been moderating. The increase in March was the smallest since last June.
Highlights:
The MLS® Home Price Index rose 5.1 per cent in March 2012 compared to the same month last year. The increase was on par with February’s gain, which was the smallest since last June.
“Overall price trends show that Canada’s housing market continues to moderate,” said Wayne Moen, CREA President. “Price increases have been shrinking since last fall. While that trend paused in March, it may in part reflect an early spring in many parts of the country, resulting in increased competition among buyers. That said, headline numbers mask some important differences in price trends among local housing markets and housing types. Since all real estate is local, buyers and sellers should talk to their local REALTOR® to best understand how home price trends are shaping up where they live.”
The MLS® HPI remained above its year-ago level in all five of the markets tracked, led by Toronto (7.3%).
It also held above year-ago levels in all housing categories tracked, led by two-storey single family homes (6.8%).
The MLS® HPI rose 1.3 per cent from to February to March 2012.
“The index typically experiences these types of month-over-month gains in the spring, which coincides with when the balance of supply to demand is tightest,” said Gregory Klump, CREA’s Chief Economist. “With that in mind, it’s important to look at month-to-month movements in the context of how they compare to the same period in previous years. While the overall monthly price increase was on par with last year’s figure, it masks slowing price momentum in the Lower Mainland area of British Columbia. Slower price gains there were offset in March by a modest acceleration of price gains in Calgary, Toronto, and Montreal.”
MLS® Home Price Index | |||||||
January 2005 = 100 | percentage change vs. | ||||||
Composite HPI: | March 2012 | 1 month ago | 3 months ago | 6 months ago | 12 months ago | 3 years ago | 5 years ago |
Aggregate | 152.9 | 1.33 | 2.62 | 2.48 | 5.09 | 21.45 | 18.71 |
Lower Mainland | 155.7 | 1.04 | 1.90 | 0.97 | 4.78 | 21.45 | 16.89 |
Greater Vancouver | 161.8 | 1.06 | 2.08 | 1.00 | 5.27 | 25.91 | 22.02 |
Fraser Valley | 142.2 | 0.92 | 1.50 | 1.07 | 3.34 | 11.44 | 5.72 |
Calgary | 172.3 | 1.41 | 2.38 | 1.95 | 2.62 | 7.69 | -6.26 |
Greater Toronto | 147.6 | 1.65 | 3.14 | 3.94 | 7.35 | 30.74 | 31.79 |
Greater Montreal | 150.3 | 1.49 | 2.80 | 1.28 | 2.18 | 17.06 | 30.02 |
Interactive tables and charts for MLS® Home Price Index data on Composite, Single family homes (including separate indices for one- and two-storey homes), Townhouse/row units, and Apartment units are available at www.homepriceindex.ca/hpi_tool_en.html.
Data table available to media upon request, for purposes of reprinting only.
In focus: Some of the trends underlying the overall MLS® HPI
Momentum in the overall MLS® HPI held steady between February and March 2012, with equal year-over-year gains of 5.1 per cent. However, because the MLS® HPI is composed of four Benchmark housing types and more than 1,600 sub-areas spread among five housing markets, the overall index can mask price trend variations among Benchmark housing categories within a single housing market and between different parts of the country.
Price gains for two-storey single family homes have surpassed this in other housing categories since the beginning of the economic recovery. Despite a recent deceleration in gains, two-storey single family homes posted the strongest year-over-year price gains in March. By contrast, price gains for one-storey single family homes picked up in March, which was driven mainly by increases in Montreal and Toronto.
Price growth remains much stronger for one-and two-storey single family homes compared to multi-family units, with price gains for single family homes (6.4%) running roughly double that for townhouse units (2.6%) or apartment units (3.0%). Even so, there are significant differences between housing markets.
In Montreal, townhouse unit prices are rising faster than prices for other housing types. This likely reflects the desirability of their location, since townhouse units are predominantly centrally located while single family homes are often located further from Montreal’s city centre.
Price gains have remained strongest in Toronto since mid-2011. The rise in Toronto’s Composite MLS® HPI was a full two per cent above the year-over-year increase in Vancouver’s composite index. This represents the largest spread for price growth between these two markets in more than a year. This gap may widen further, since the Vancouver market is showing signs of coming off the boil while a lack of available supply relative to demand keeps Toronto’s housing market in seller’s market territory.
For additional information, including interactive tables, please go to: www.homepriceindex.ca.
MLS® is a co-operative marketing system used only by Canada’s real estate Boards to ensure maximum exposure of properties listed for sale.
The Canadian Real Estate Association (CREA) is one of Canada’s largest single-industry trade associations, representing more than 100,000 REALTORS® working through more than 100 real estate Boards and Associations.
Further statistical information can be found at http://crea.ca/statistics.
I'm Here to Help,
Chuck Surette
Sales Representative
Coldwell Banker at Success Realty, Brokerage
Office-519-633-5570
Cell-519-777-4727
I just listed this raised ranch steps away from your new favourite beach. Erie Rest Beach- Port Stanleys best kept secret. This one is just off the beaten path but still close to everything Port Stanley has to offer. Listed at $154,900.
I'm here to help,Chuck Surette
My kid is going to be a chef someday. She came up with this one on her own. When she started asking how to make whipped cream, I knew she'd be making something good, and it was!
Thanks to Wayne for the nice work restoring the porch at this 10 acre hobby farm. Open House - Saturday 2-4 pm.
The Sears building in St. Thomas is coming down. Of you are planning on making a change - give me a call.
In london today with the professionals at Oshtech. 400 York St. in London. We are testing for the presence of asbestos in the vermiculite insulation, used in a 100 yr old brick home.
Trying the latest brew from Great Lakes Brewery. If it's local, it's got to be good!
Is it just me? Aren't you supposed to roll up the rim to reveal great prizes?
Friendly Variety, where a five dollar special costs you FIVE BUCKS!
Beer always fits!
I have been a customer of Telus for a few years now. When I first signed up with them I thought everything was fine, then the bill arrived - and it was a WHOPPER!
I didn't understand - so, I went back to my local Telus store and they told me that they would fix everything. Until the next bill came and you guessed it, it was a WHOPPER!
Another trip to the Telus store and more guarantees of everything being fine and discovery that the plan I THOUGHT I signed up for no longer existed and the new plan I was getting was of course more, even though I had reduced the number of items on my plan....If you have a cell phone plan - you know the dance.
So, the end of my contract is around the corner and I call Telus on how exactly I am to be released from this bondage ($120/month) 1st rep tells me I just have to cancell before the end of billing cycle and it will all be fine...I should have known right there that something was wrong - but I believed, don't ask me why - but I did...
In the meantime - I shopped around a little and everyones rates were better than Telus. So, I decided to call them and find out why. When I called, I asked for confirmation of how I could cancell and got A TOTALLY DIFFERENT STORY. Now I was told that I needed to give notice (30 Days) now past... So, now I'm stuck for another month of this - I'm MAD.
I talk to the pleasant people at the retention dept and they make promises. Promise after promise, they just keep coming - along with the idea that everything will be fine...(oops) I forgot who I was dealing with.
So, now I have talked to three different reps with no resolution. I am told that the plan I was promised does not exist. I am told that I will have to pay more.
I must have forgotten who I was dealing with...
Have you had a similar experience with Telus? If you have - I'd like to hear about it.
Chuck Surette
OTTAWA – January 16, 2012 – According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity posted an increase from November to December 2011.
Highlights:
Sales activity recorded through the MLS® Systems of Canadian real estate Boards and Associations rose 1.8 per cent from November to December 2011, marking the fourth consecutive monthly increase.
Activity rose in more than half of all local markets, including some of Canada’s most active, with monthly declines posted in most of the remaining markets.
Actual (not seasonally adjusted) national sales activity came in 4.6 per cent above year-ago levels in December. It also stood above the five- and ten-year average for December sales. 
A total of 456,749 homes traded hands via Canadian MLS® Systems in 2011. This stands broadly in line with the average over the past ten years, and represents an increase of 2.2 per cent from annual levels reported in 2010.
“The momentum in sales activity provides clear evidence that low interest rates continue to draw homebuyers to the housing market,” said Gary Morse, CREA President. “While buyers have become increasingly cautious, the hand off for sales activity going into the New Year suggests that Canada’s housing market will continue to benefit from low interest rates in 2012, and continue making a significant contribution to Canadian economic activity. Even so, prospects among housing markets and neighbourhoods differ, so buyers and sellers should talk to a local REALTOR® to understand how trends are shaping up where they live.”
The number of newly listed homes rose three per cent on a month-over-month basis, reversing an equivalent monthly decline in November. New listings rose in almost 70 per cent of local markets, including some of Canada’s most active.
With sales and new listings having climbed in tandem, the national housing market remained in balanced territory in December. The national sales-to-new listings ratio, a measure of market balance, stood at 54.8 per cent in December, down slightly from 55.5 per cent in November.
Based on a sales-to-new listings ratio of between 40 to 60 percent, just over half of local markets in Canada were balanced in December. This result is little changed from November.
The number of months of inventory represents the number of months it would take to sell current inventories at the current rate of sales activity, and is a further measure of the balance between housing supply and demand. Nationally, it stood at 5.8 months at the end of December, down from 5.9 months at the end of November. While it has held fairly steady near six months since April 2011 onward, it peaked in August, with December marking the fourth monthly decline and a return to where it stood at the end of the first quarter.
The actual (not seasonally adjusted) national average price for homes sold in December 2011 was $347,801. This stood just 0.9 per cent above the average selling price in December 2010, marking smallest increase since October 2010.
“Momentum for national sales activity and average price remains positive but is slowing, which suggests that the continuation of low interest rates is not causing the Canadian housing market to overheat,” said Gregory Klump, CREA’s Chief Economist. “High end home sales seem unlikely to spike again in the first quarter like they did at the beginning of 2011, so national average price momentum may wane further over the next few months. With interest rates widely expected to remain low throughout 2012, homeownership will remain affordable, and continue to support home sales activity.”
Source: CREA
I'm Here to Help,
Chuck Surette
Sales Representative
Coldwell Banker at Success Realty, Brokerage
Office-519-633-5570
Cell-519-777-4727
In a time when people Think star athletes aren’t fit to be role models – one man challenges that theory - and his name is Tim Thomas!
The Boston Bruins made a trip to the White House on Monday afternoon to celebrate their Stanley Cup championship. However, the man perhaps most responsible for that Cup title, Tim Thomas, was absent.
The defending Vezina Trophy and Conn Smythe winner released a statement on Facebook regarding his absence on Monday evening.
It reads in its entirety below.
"I believe the Federal government has grown out of control, threatening the Rights, Liberties, and Property of the People.
This is being done at the Executive, Legislative, and Judicial level. This is in direct opposition to the Constitution and the Founding Fathers vision for the Federal government.
Because I believe this, today I exercised my right as a Free Citizen, and did not visit the White House. This was not about politics or party, as in my opinion both parties are responsible for the situation we are in as a country. This was about a choice I had to make as an INDIVIDUAL.
This is the only public statement I will be making on this topic. TT"
Source: NESN http://www.nesn.com/2012/01/tim-thomas-releases-statement-on-white-house-absence-says-government-has-grown-out-of-control.html
I'm Here to Help,
Chuck Surette
Sales Representative
Coldwell Banker at Success Realty, Brokerage
Office-519-633-5570
Cell-519-777-4727
Trucks heading down hiway 3 in Shedden today, as other routes have been shut down.
I'm here to help, Chuck SuretteResidential Activity |
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Home sales in London posted a year-over-year increase in the third quarter of 2011. Residential sales totaled 2,264 units in the third quarter, up 15 per cent from activity in the same period in 2010.
Single detached home sales numbered 1,498 units in the third quarter of 2011, an increase of 13 per cent from year-ago levels.
The number of months of inventory for single detached home sales was down from a year ago in the third quarter of 2011, falling to five months from 5.7 months a year earlier.
The median sale price for single detached homes edged up two per cent from year-ago levels to $227,000 in the third quarter of 2011.
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Source: CREAstats
I'm Here to Help,
Chuck Surette
Sales Representative
Coldwell Banker at Success Realty, Brokerage
Office-519-633-5570
Cell-519-777-4727
