Showing posts with label middle class. Show all posts
Showing posts with label middle class. Show all posts

Thursday, 11 May 2017

Sarnia Housing Starts Up Due to Demand.







































From Josh Boyce, Blackburn News.


The Sarnia area housing market is heating up with the spring weather.

In April, work began on 27 single family homes, compared to the month’s average of 13 over the past decade.

Canada Mortgage and Housing Corporation Market Analyst Anthony Passarelli says it’s due to supply in the resale market not keeping up with demand.

“Currently in the region, and most parts of Ontario, you see that there’s a really low supply of homes listed for sale relative to the amount of buyers out there,” says Passarelli. “When that happens, it makes it easier for new homes to be sold because there’s a shortage of homes listed for sale.”




Thank you for reading.




Friday, 7 April 2017

Sarnia-Lambton Real Estate Tops $40 Million for March.

Zach Neal photo.



From Melanie Irwin, Blackburn News.

Sarnia-Lambton’s real estate market surpassed the $40-million mark for the first time this year in March.

A total of 180 properties worth nearly $44.9-million sold, which is up from February’s $34.8-million.

Real Estate Board President Steve Park says MLS listings dropped 11% for the month and 1% for the year.

“In the past it’s always been sell your house and we’ll find some place for you,” says Park. 

“Now, you want to concentrate more on finding where you’re going and then putting your house on the market. More than likely, if you use the proper agencies and use the proper listing structures, you will sell it. Without a doubt.”





Thank you for reading.