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City of Barrie News   Last Updated: July, 2008

Provided by:
Peter & Patricia Clarke
Barrie Real Estate Broker - Barrie Real Estate Sales Representative
Homelife Nu-Key Realty Ltd. Brokerage*
Dir: 705-716-7611
Bus: 705-733-1222
Barrie, On 
  


* Independently Owned & Operated

 

City of Barrie: It is a Buyer's Market

On July 18, 2008, the local newspaper "The Barrie Examiner" published a very interesting article regarding the current Barrie real estate market conditions and how home buyers should take advantage of this situation. This article has comments of Peter Clarke, Barrie Real Estate Broker with Homelife Nu-Key Realty Ltd, as well as comments of Mike Douglas, President of the Barrie Real Estate Association.

To see the complete article please click here.

 

The Real Estate Investment Network (REIN) Has Released the 2008 Report "Top 10 Ontario Towns for Real Estate Investors"

The Real Estate Investment Network (REIN) have just released the 2008 report of the top ten Ontario towns for real estate investors and Barrie has again been listed in the second place of the top 10 towns for real estate investment.

Barrie is considered as an attractive community for people seeking the nearness and vitality of Toronto but with a slower pace of life. Barrie with an increasing population, has big opportunities for investors.

Call Peter and Patricia to know more about Barrie at 705-716-7611 or click here.

 

GRenting? Get your Down Payment from the Simcoe County!

If you are renting and thinking in buying your first home learn how Simcoe County could give you up to a 5% downpayment to buy your own home. The County of Simcoe's Social Housing Department is providing down payment assistance to moderate income individuals and families giving them the opportunity to move from rental accommodation to homeownership.

Read more...

 

Barrie's Go Train

It is a fact! Barrie’s GO train commuter trains are running pretty well. First train leaves Barrie’s GO station at 5:45 a.m. on weekdays getting into Toronto’s Union Station until 8:45 a.m. and from Toronto, trains begin departing at 4:10 p.m., according to GO’s schedule. There are four trains out in the morning and four trains back at night.

·         Single (one-way) fare: $10.30

·         10 rides: $93.75.

·         Monthly pass: $331

The extension of the Go Train is having an important impact on the demand of real estate properties in the south Barrie area.

The Go Train is also good news for the local business community; it will help Barrie to attract more business, tourists and people looking for affordable housing. It will also benefit Barrie residents that work in the Toronto area and will take the pressure off the 400.

See More at www.BarrieProperties.com

REIN's Top 10 Cities for Real Estate Investment in Ontario

The following are the 10 top Canadian cities to invest in Real Estate in Ontario, Canada (source: REIN - The Real Estate Investment Network):

  1. Kitchener, Waterloo, Cambridge

  2. Barrie - Orillia

  3. Durham Region (Whitby, Pickering, Ajax)

  4. Markham

  5. Hamilton - Brantford

  6. Brampton

  7. Ottawa

  8. Toronto

  9. Oshawa

  10. Whitchurch - Stouffville

  11. Receiving honourable mention are:

  12. St Catherines, Guelph, Orangeville, Aurora and New Market, London and Mississauga.

See more Barrie Real Estate News & Info at www.BarrieProperties.com

 

Barrie...Second best place in Ontario to invest in Real Estate!

Source: The Quarterly Report
Simcoe Business

Barrie is considered the second best place in Ontario to invest in Real Estate. The Real Estate Investment Network (REIN), Canada's Leading Real Estate Education and Research Organization, has placed Barrie second in it's report on the top 10 towns in Ontario for Real Estate Investment.

The 2006 Canada Census showed Barrie is one of the fastest-growing cities in the country. This census says that Barrie's population is now 128,430 and it is expected to grow to almost 244,000 by 2031.

If you are thinking in investing or moving to Barrie give us a call. We are ready to help you!

Peter and Patricia Clarke
Real Estate Sales Representatives
Homelife Nu-Key Realty Ltd
Direct English: 705-716-7611
Direct Spanish: 705-796-7211
Real Estate Website - English: www.BarrieProperties.com
Real Estate Website - Spanish: www.TengaCasaPropia.com

 

 

Real estate prices continue to sizzle

CBC News

The average price of a resale home in Canada's major markets hit another record high in April, industry figures show.

New monthly price records were set in at least 12 markets across the country, according to MLS data from the Canadian Real Estate Association (CREA).

Nationally, the average resale price in 25 major markets was $323,936 in April. That's an increase of almost $7,000 from March and up $28,000 from April of 2006.

The biggest percentage gains continued to be primarily in western cities. Edmonton's year-over-year price appreciation of 51.6 per cent leads all cities. Saskatoon's price gain of 41.9 per cent and Calgary's 23.1 per cent rounded out the top three.

More Here
 

 

Barrie Still Canada’s Fastest-Growing City

Source:  the Barrie Examiner.
Wednesday, March 14, 2007 - 07:00

Local News - Welcome to the fastest-growing CMA in Canada! In Statistics Canada lingo that’s a Census Metropolitan Area, and it means Barrie, Innisfil and Springwater Township have experienced the most population growth in this country since 2001, when the last census was done.

The total population for these three municipalities now stands at 177,061, up from 148,480 in 2001.

“Barrie’s growth has a phenomenal rate of increase,” said Pamela White, demography director with Stats Canada, which conducted the census on May 16, 2006.

“The CMA of Barrie grew 19.2 per cent since 2001. That’s (almost) four times the national average,” she said.

Canada’s population grew to 31.6 million people in 2006 from just more than 30 million in 2001, an increase of 5.4 per cent. It grew by only four per cent in the previous census period, the lowest growth in a century. Barrie’s population grew by 23.8 per cent, to 128,430 people from 103,710 in 2001.

The city has more than 48,000 dwelling units.

“They (the census numbers) don’t tell us why, only that Barrie is growing by a continuous amount,” said Jim McKibbon, also with Stats Canada. “It was growing in 2001 too.”

But Mayor Dave Aspden says he knows what Barrie’s growth means to the city.

“It’s just more demands on the city, there’s no doubt about it,” he said yesterday, when the census information was released.

“But we have good emergency services, good work crews and engineers, good staff period,” Aspden said. “I’m sure they are up to the task.”

More here!
 

 

Barrie Still Canada’s Fastest-Growing City
March, 2007

Welcome to the fastest-growing CMA in Canada! In Statistics Canada lingo that’s a Census Metropolitan Area, and it means Barrie, Innisfil and Springwater Township have experienced the most population growth in this country since 2001, when the last census was done.

The total population for these three municipalities now stands at 177,061, up from 148,480 in 2001.

“Barrie’s growth has a phenomenal rate of increase,” said Pamela White, demography director with Stats Canada, which conducted the census on May 16, 2006. “The CMA of Barrie grew 19.2 per cent since 2001. That’s (almost) four times the national average,” she said.

Canada’s population grew to 31.6 million people in 2006 from just more than 30 million in 2001, an increase of 5.4 per cent. It grew by only four per cent in the previous census period, the lowest growth in a century.

Barrie’s population grew by 23.8 per cent, to 128,430 people from 103,710 in 2001. The city has more than 48,000 dwelling units.

Source: The Barrie Examiner. See More here.

  

 

Barrie desperately seeking affordable apartments
March, 2007

TORONTO, March 15 /CNW/ - There are not enough apartments to rent in Barrie and those that are available are unaffordable for the average worker.These are the findings of "Where's Home?

The report is produced by the Ontario Non-Profit Housing Association (ONPHA) and the Cooperative Housing Federation of Canada (CHF).

"It's a volatile and disturbing situation," says ONPHA President Deborah Schlichter. "The people who drive this province's economy can't afford to live here now, even if they can find an apartment. And we have not built for the future."

The report shows that between 1995 and 2005, there has been a net loss of 13,000 rental housing units in Ontario. This is in part due to the demolition of rental housing, as well as the conversion of many units to condominiums. It also reflects the lack of rental housing. 

"Housing policy in Ontario has been woefully short-sighted. It has failed to prepare us for the lean years during the fat ones," says Joseph Zebrowski, President of the Ontario Council, Cooperative Housing Federation of Canada.

"During the powerful economic surge of the past few years, it has failed to develop sufficient rental housing for our current needs, let alone for future needs."

The report showed that vacancy rates for private apartments dropped in 64% of 22 markets surveyed across the province. In Barrie, the rate dropped to 2.1% in 2005 from 3.0% in 2004.

The report was based on data from the Canadian Mortgage and Housing Federation's Rental Market Survey, conducted in October, 2005. Overall Ontario's vacancy rate fell from 4.1% in 2004 to 3.8% in 2005. Recently released data shows it fell to 3.4% in 2006.

The survey also highlighted the high cost of renting in four sample markets (Toronto, Ottawa, Hamilton and Sudbury). Based on the average income of nine different job types. See More here.

 

Waterfront, home costs put Barrie on top
March, 2007

Alberta and Russell Neice always thought of Barrie just as a place to pass by on the way to cottage country, but four years ago that all changed when they took a detour and fell in love with the city's downtown waterfront.

"It's magnificent," said Alberta, 68, from her new condominium overlooking Barrie's Kempenfelt Bay. The Neices, who had spent all their lives in the Steeles and Yonge area of Toronto, were so impressed with what Barrie had to offer that they put a down payment on a home in one of the new 16-storey condominium buildings on the waterfront. They moved in a year ago.

"We love it here; the people are so friendly and Barrie has everything we need without all the traffic jams," said Alberta Neice. They are not alone.

Data released from the 2006 census yesterday indicates that Barrie and its immediate area, with 177,061 residents, is the fastest growing Census Metropolitan Area in the country. Its population has grown by 19.2 per cent since 2001, nearly four times the national average.

The city itself grew 24 per cent, to a population of 128,430.

Steve Knowles, who has been selling new homes in Barrie for nearly 20 years, says demand for the 147-unit Nautica condominium tower on the waterfront has been so brisk, it was 95 per cent sold out within a few weeks.

"People are moving here for the lifestyle, and the No. 1 attribute is the lake," said Knowles.

For the younger crowd, aged 30 to 35, another big draw is the affordable homes, says Barrie real estate agent Ed Tracy.

"The motivation is getting more of a home for their money," said Tracy, who estimates the average cost of a newer three-bedroom, single-family home of 2,200 square feet at $260,000. See More here.

 

 

 

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© Barrie Real Estate Market Web is sponsored by:  Peter and Patricia Clarke 2006. Real Estate Sales Representatives.
Homelife / Nu-Key Realty Ltd. - Brokerage
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