07-20-2007, 08:17 PM | #31 (permalink) |
I'm Banned Join Date: Jun 29 2006 Location: NE Age: 61
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Rep Power: 0 | Re: Holy Moly Tony Wong Business Reporter If you wanted to invest in a home over the last year, where would be the best place in Ontario? Forget about the Greater Toronto Area. According to a study released today by ReMax Ontario Atlantic Canada, you'd have to go to Timmins. The average price of a home in Timmins, population 43,000 and perhaps most famous for being the home of pop star Shania Twain, increased by 29 per cent over the last year, the highest in the province, according to ReMax. Smaller suburban markets in Ontario are now enjoying the substantial price appreciation of markets in the Greater Toronto Area according to ReMax. Smaller markets also typically see a greater percentage price appreciation because base average prices tend to be lower. Even with a 29 per cent increase, the average price of a home in Timmins is a relatively modest $129,272. ReMax credits a new call centre in the area and a growing retail sector as some of the reasons for the new prosperity. “Prospects are expected to improve further for Timmins when the mining sector moves from the exploration phase to production,” said ReMax. “More of the young people are choosing to stay and make a go of it, in contrast to years past when poor job prospects created a significant brain drain to areas south.” Sudbury was in second place with a 22 per cent gain to $178,290, and Haliburton was in third place, up 20 per cent at $117,496. The towns of North Bay, Collingwood, Pembroke/Petawawa and Sarnia all saw gains of 10 per cent year over year. Toronto, on the other hand, saw a comparatively modest increase of 4 per cent year over year, but remains the most expensive city in the province with an average house price of $371,905, according to ReMax. The Toronto Real Estate Board recently reported that there were more than 11,000 sales in May, the highest ever for a single month in the history of the board. |
07-20-2007, 08:17 PM | #32 (permalink) | |
I love Derf!! Join Date: Nov 6 2006
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Rep Power: 20 | Re: Holy Moly Quote:
I will ask Applehat to purge my memory log. Did you know that you can download your own chat robot and create your own robot personality? Is that a fact. I think there might be a few exception. Are we still talking about Smaller suburban markets in Ontario? Yes, even that. The ALICE chat robot can follow many things, like our discussion about Smaller markets also typically see a greater percentage price appreciation because base average prices tend to be lower. Try being more or less specific. I think there might be a few exception. I think there might be a few exception. When was this exactly? Who told you that? Are you a student? Is that a fact.
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07-20-2007, 08:19 PM | #37 (permalink) |
Just imagine Derf Join Date: Jul 13 2006 Location: Not sure
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__________________ "When obstacles arise, you change your direction to reach your goal; you do not change your decision to get there." www.sunbodiestanning.com Are we having fun yet? |
07-20-2007, 08:20 PM | #39 (permalink) |
Just imagine Derf Join Date: Jul 13 2006 Location: Not sure
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Rep Power: 50 | Re: Holy Moly **** head fashion
__________________ "When obstacles arise, you change your direction to reach your goal; you do not change your decision to get there." www.sunbodiestanning.com Are we having fun yet? |
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