oakville realtors: Oakville-Milton Housing Market Updates: Int Rate Hike & HPI Drop
- 07/17/17 06:22 AM
Welcome back to my Oakville-Milton housing market blog! We have seen a shift in the housing market: Bank of Canada hiked interest rates 1/4% and the home price index (HPI) for single family and town houses has dropped, but apartments / condos still grew somewhat.
The median Oakville-Miton residential sale prices have fallen - see below: “Oakville’s median residential sale price for the month of June was $992,500 an increase of 28.48 per cent from $901,777 compared to June 2016. The median sale price in Milton was $745,395, an increase of 24.63 per cent from $638,156 compared to the … (0 comments)
Finding Your Ideal Commercial/Industrial Building - Part IV Welcome back! Here we discuss cost and its impact on your choice:
Assuming you either had the funds or could get reasonable financing terms – and a good return, would you invest it in a business you controlled?
We all know how little we get on money parked in the bank plus we are even taxed on the meagre interest it earns! Now take that same money and invest it in a product or service that you believe in, directly control, and that enjoys business tax deductions – now we’re talking!
Additionally, real estate over time tends … (0 comments)
oakville realtors: Size Matters!
- 06/23/17 11:32 AM
Finding Your Ideal Commercial/Industrial Building - Part III Welcome back! Here we discuss size and its impact on your choice:
Size does matter!
Why? Economy of Scale (ES): It is assumed that as firms increases in size, they can become more efficient. The greater the quantity of goods or services produced, the lower the per-unit fixed cost because the start-up, operating and overhead costs are spread out over a larger number of goods. So as a company grows and production units increase, they will have a better chance to decrease their unit costs, and so, more rapidly grow their bottom line. Local / Regional Political … (2 comments)
Since it was originally posted (part 1) we have seen a shift in the Oakville-Milton housing market:
"...the number of all property sales decreased by 19.08 per cent in May compared to the same period in 2016. Monthly property sales totaled 840 compared to 1,038 in May 2016. The number of new property listings saw an increase of 40.28 per cent, from 1,266 in May 2016 to 1,776 in 2017. The dollar volume of all property sales processed through the OMDREB MLS® system saw a decrease of 11.83 per cent in May 2017 to … (0 comments)
Creating relaxing outdoor spaces help increase the value, current enjoyment & interest of your home! This is the first in a series of design inspirations co-written with Livia Drennan, founder of Your Story by Design, Oakville, Ontario. This post describes how we created two lovely outdoor spaces:
The Why? We were becoming bored with the familiar setting of table with chairs around on the patio. It looked okay,… but wished there was another place, somewhere tucked away, where we could more fully relax, or read, lie down … (10 comments)
Welcome back! This is the second in a series of design inspirations co-written with Livia Drennan, founder of Your Story by Design, Oakville, Ontario. This post describes how we created a modernized laundry space.
As the debate on the best place in a home for the laundry room continues, we would like to share our personal story to better illustrate the shift in laundry room design: The average builder-grade home here in Ontario has the laundry … (0 comments)
Location-Specific Advantages (LSA’s) enable a company to improve its bottom line and rate of growth by strategically finding the optimum place to operate as compared to other locations.
We always hear the same phrase associated with real estate. “Location, Location, Location.” It may be a cliché but all clichés have some basis in reality and this one is no different. The location of your plant will affect your business, positively or negatively, for however long you are there. In addition, how it affects your business can, and probably will change over time. The location will … (2 comments)
oakville realtors: Oakville Housing - Good Investment or a Bubble? Part 1
- 05/02/17 05:54 PM
"Oakville’s median residential sale price for the month of March was $1,298,888, an increase of 47.77 per cent from $879,000 compared to March 2016. The median sale price in Milton was $817,500, an increase of 48.64 per cent from $550,000 compared to the same time last year." (Source: CREA) To better gauge public reaction to this occurrence, during the month of April, I have had the pleasure talking to about 200 home owners in the Oakville Area. There was a common thread in their questions asked: 1) We may be thinking of selling, but is now the best time or should I wait to … (17 comments)
Welcome back to my Oakville-Milton housing market blog!
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