Grand County real estate sales, Nov. 21-27 | SkyHiNews.com - Sky Hi News | Canada News Media
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Grand County real estate sales, Nov. 21-27 | SkyHiNews.com – Sky Hi News

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Grand County’s real estate transactions Nov. 21-27 were worth more than $16.4 million combined.

• Soda Springs Ranch Filing 2, Unit 1, TRT B – Michael Smith and Cathy Walton Smith to Michael and Michele DeGroen, $365,000

• Silverado II Condo Unit 214, Bldg 2 – Nicole and Jeffrey Kaiser to Richard Steven Barr Revocable Living Trust, $440,000



• Base Camp 9200 Second Replat Unit B2 – Sandhills Capital LLC to Eric Taylor and Stacey Miller, $395,000

• Val Moritz Village 1st Filing Lot 7, Block 4 – James V Dunphy Trust to Robert and Samantha Baumgarten, $88,000



• Riveracres 2nd Addn Mountain Meadows Lot 6, Block 5 – Robert and Sherry Millard to Meghan and Joshua Herald, $397,000

• Rabbit Ears Village Subdivision Lot 108 – G Daniel Whittaker to David and Monica Baker, $26,750

• Pines at Meadow Ridge Court B, Unit 10 – PI In The Sky LLC, PI Sky LLC to Shannon and Melissa Carver, $627,000

• Hi Country Haus Bldg 20, Unit 3 – Cizek Living Trust to Lynnda Gies, $515,000

• Shores of Shadow Mountain FP Lot 33 – Dana and Ralph Johnson to Jon and Kimberly Bourgain, $112,000

• Winter Park Highlands Unit 1, Lot 51 – Martin and Joy Nee to Martin Nee, $577,100

• Soda Springs Ranch Filing 2, Unit B1, TRT D – Michael and Claudia Dore to Elaine and Jay Menardi, $360,000

• Bussey Hills Subdivision Block 4, Lots 4-6 and 19-23; SEC 14 TWP 2N R 76W Partial Legal – Lorraine Bishard to Mark Bishard and Kathleen Drulard, $225,000

• Village at Elk Track 2nd Filing Grand Elk Ranch & Club Lot 21 – Philip and Joan Kluge to Susan Campbell, $875,000

• Granby Ranch Filing 6, Lot 21 – Bruce Hartley to Jason and Jennifer Newcomer, $80,000

• Trail Creek Estates Lots 16, 30 – Robert and Linda Spaet to Joseph and Jessica Mahoney, $175,000

• Gore City Addn to Kremmling Block 8, Lots 1-18 – Robert Smith to Lone Tree Trust LLC, $725,000

• Blue Valley Acres Unit #2, Lot 2, Block 2 – Tyson and Christy Parrott to Ryan Landis, $515,000

• 448 Condominiums Unit 302 and Storage Unit #1 – Virga Corporation to Glenn, Jackie and Heather Weissinger, Matthew O’Leary, $461,510

• 448 Condominiums Unit 102 and Storage Unit #2 – Virga Corporation to Matthew and Katherine Holden, $466,200

• 448 Condominiums Unit 203 and Garage Unit #3 – Virga Corporation to Gary and Mary Gatchell, $722,224

• 448 Condominiums Unit 103 and Garage Unit #6 – Virga Corporation to Carolyn Flynn, $719,852

• 448 Condominiums Unit 301 and Garage Unit #2 – Virga Corporation to Nicole Conard and Joseph Kuntner, $604,895

• 448 Condominiums Unit 201 and Garage Unit #4 – Virga Corporation to John Bobola and Kristin Johnson Bobola, $675,550

• Lofty Pines Store Exemption TRT 1; SEC 24 TWP 3N R 76W Partial Legal – Lonewolf Properties LLC to T Grand Lake Cabins LLC, $675,000

• SEC 32 TWP 2N R 76W Partial Legal – Troy Nelson to Phillip and Sarah Martin, $645,000

• Ten Mile Creek Estates Lot 18; SEC 29 TWP 1N R 76W Partial Legal – Jayson and Hannah Harris, Angela Kennedy Toon Revocable Trust to Garry and Carrie McLelland, $337,500

• East Mountain Filing 9, Lots 44, 44G – Daniel and Elba Brosious to Patrick Lavin and Jennifer Anderson, $881,600

• Moraine Park Lot 36 – Brian and Sofia Fisher to Cooljest Enterprises LLC, $182,000

• Hi Country Haus Bldg 9, Unit 4 – Dan and Martha Hedrick to Cameron and Jessica Curtis, $490,000

• Meadows at Grand Park Filing 1, Lot 64 – Grand Park Homes LLC to Peter and Seon Comeau, $1,056,983

• East Mountain Filing 6, Lot 117 – Jon and Caroline McClurg to Hallie and Kerry Veith, $1,050,000

• Base Camp One Condos Unit 315R – Robert and Rachel Leahy to Roni and Brittany Szigeti, $549,000

• 448 Condominiums Unit 202 and Storage Unit 3 – Virga Corporation to Theresa Lotspeich and Jeffrey Harrington, $445,300

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Greater Toronto home sales jump in October after Bank of Canada rate cuts: board

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TORONTO – The Toronto Regional Real Estate Board says home sales in October surged as buyers continued moving off the sidelines amid lower interest rates.

The board said 6,658 homes changed hands last month in the Greater Toronto Area, up 44.4 per cent compared with 4,611 in the same month last year. Sales were up 14 per cent from September on a seasonally adjusted basis.

The average selling price was up 1.1 per cent compared with a year earlier at $1,135,215. The composite benchmark price, meant to represent the typical home, was down 3.3 per cent year-over-year.

“While we are still early in the Bank of Canada’s rate cutting cycle, it definitely does appear that an increasing number of buyers moved off the sidelines and back into the marketplace in October,” said TRREB president Jennifer Pearce in a news release.

“The positive affordability picture brought about by lower borrowing costs and relatively flat home prices prompted this improvement in market activity.”

The Bank of Canada has slashed its key interest rate four times since June, including a half-percentage point cut on Oct. 23. The rate now stands at 3.75 per cent, down from the high of five per cent that deterred many would-be buyers from the housing market.

New listings last month totalled 15,328, up 4.3 per cent from a year earlier.

In the City of Toronto, there were 2,509 sales last month, a 37.6 per cent jump from October 2023. Throughout the rest of the GTA, home sales rose 48.9 per cent to 4,149.

The sales uptick is encouraging, said Cameron Forbes, general manager and broker for Re/Max Realtron Realty Inc., who added the figures for October were stronger than he anticipated.

“I thought they’d be up for sure, but not necessarily that much,” said Forbes.

“Obviously, the 50 basis points was certainly a great move in the right direction. I just thought it would take more to get things going.”

He said it shows confidence in the market is returning faster than expected, especially among existing homeowners looking for a new property.

“The average consumer who’s employed and may have been able to get some increases in their wages over the last little bit to make up some ground with inflation, I think they’re confident, so they’re looking in the market.

“The conditions are nice because you’ve got a little more time, you’ve got more choice, you’ve got fewer other buyers to compete against.”

All property types saw more sales in October compared with a year ago throughout the GTA.

Townhouses led the surge with 56.8 per cent more sales, followed by detached homes at 46.6 per cent and semi-detached homes at 44 per cent. There were 33.4 per cent more condos that changed hands year-over-year.

“Market conditions did tighten in October, but there is still a lot of inventory and therefore choice for homebuyers,” said TRREB chief market analyst Jason Mercer.

“This choice will keep home price growth moderate over the next few months. However, as inventory is absorbed and home construction continues to lag population growth, selling price growth will accelerate, likely as we move through the spring of 2025.”

This report by The Canadian Press was first published Nov. 6, 2024.

The Canadian Press. All rights reserved.

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Homelessness: Tiny home village to open next week in Halifax suburb

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HALIFAX – A village of tiny homes is set to open next month in a Halifax suburb, the latest project by the provincial government to address homelessness.

Located in Lower Sackville, N.S., the tiny home community will house up to 34 people when the first 26 units open Nov. 4.

Another 35 people are scheduled to move in when construction on another 29 units should be complete in December, under a partnership between the province, the Halifax Regional Municipality, United Way Halifax, The Shaw Group and Dexter Construction.

The province invested $9.4 million to build the village and will contribute $935,000 annually for operating costs.

Residents have been chosen from a list of people experiencing homelessness maintained by the Affordable Housing Association of Nova Scotia.

They will pay rent that is tied to their income for a unit that is fully furnished with a private bathroom, shower and a kitchen equipped with a cooktop, small fridge and microwave.

The Atlantic Community Shelters Society will also provide support to residents, ranging from counselling and mental health supports to employment and educational services.

This report by The Canadian Press was first published Oct. 24, 2024.

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Here are some facts about British Columbia’s housing market

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Housing affordability is a key issue in the provincial election campaign in British Columbia, particularly in major centres.

Here are some statistics about housing in B.C. from the Canada Mortgage and Housing Corporation’s 2024 Rental Market Report, issued in January, and the B.C. Real Estate Association’s August 2024 report.

Average residential home price in B.C.: $938,500

Average price in greater Vancouver (2024 year to date): $1,304,438

Average price in greater Victoria (2024 year to date): $979,103

Average price in the Okanagan (2024 year to date): $748,015

Average two-bedroom purpose-built rental in Vancouver: $2,181

Average two-bedroom purpose-built rental in Victoria: $1,839

Average two-bedroom purpose-built rental in Canada: $1,359

Rental vacancy rate in Vancouver: 0.9 per cent

How much more do new renters in Vancouver pay compared with renters who have occupied their home for at least a year: 27 per cent

This report by The Canadian Press was first published Oct. 17, 2024.

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