Barrie Real Estate Market Update - December 2015

December 23rd, 2015

On a year-to-date basis home sales totalled 5,006 units over the first 11 months of 2015, the first time activity had broken the 5,000 mark before the end of the year. This was up 8.9 per cent from 2014 and sets Barrie up for the best year on record.

“2015 has been a record year for the Barrie and District housing market,” said Bruce Shipley, President of the Barrie and District Association of ...

Finance Minister Announces Down Payment Rule Change

December 14th, 2015

Canadians looking to buy homes valued over $500,000 will soon be required to come up with larger down payments in a move the Federal Finance Minister says is designed to ensure stability in Canada's biggest real estate markets.

Under changes announced Friday by Federal Finance Minister Bill Morneau, homebuyers will have to put a 10% down payment on the portion of the price of a home over $50 ...