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Jessica Hellard, Broker - RE/MAX Finest Realty

Kingston Real Estate Broker providing innovation + integrity to clients

Ontario Drives Up the Pricing of New Homes

April 25, 2017 by Jessica Hellard Leave a Comment

The price of new homes is up slightly with Statistics Canada’s New Housing Price Index climbing 0.4% in February compared to a month earlier.

re/max, Kingston, Ontario, price increase

The gain was driven by higher prices in Ontario where prices were higher in every one of its 10 metro areas. The largest gains were in Guelph (1.4%) and Oshawa (1.2%)  but the overall impact from a 1% rise in Toronto was greatest.

Hamilton and Victoria also saw new home prices rise 1% while Calgary declined 0.2% and Vancouver was down 0.1%.

On a 12-month basis, the NHPI was up 3.3% driven by an 8.6% year-over-year rise in Toronto. Victoria, St. Catharines-Niagara and Windsor saw gains above 6%.

Six metros saw new home prices fall, driven by lower prices in Alberta and Saskatchewan.


Are you interested in learning more about buying your next home, or want to know more about the best mortgages; contact me today! 

Original article created by Canadian Real Estate Wealth.

Filed Under: Buyers, Kingston, New Home Building Tagged With: buyer, Canadian Dream, kingston, Kingston Homes, Kingston Properties, Kingston Real Estate, real estate investing

New Home Building

January 23, 2012 by Jessica Hellard Leave a Comment

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There will definitely be more to come here as Kingston’s new home builders aren’t stopping. I’m going to find out what I can about what is being built where and what’s included. I’m sure there will be many people who would like to comment on how much they love their home or what’s wrong with it. I’m going to have to look into a way to get honest reviews without getting anyone in trouble but I’m hoping to have something conclusive soon.

The advantages of having a new home built can outweigh the negatives in some cases. The fact that you get to make choices is probably the number one advantage. After going through a good number of homes and not finding the one you want because none had all of the things you were looking for can be incredibly frustrating. If that is your situation you’d be a great candidate for a new home. If you are having a new home built you get to choose your builder and materials which means that if you do your homework you can know exactly what’s going in your home, what’s being used and how, and know that you’re buying something quality. Building also means you have to be patient. You can’t be in a rush to move because there could be delays and sometimes delays can take much longer than expected. If you want a new home but can’t wait a good option would be to buy a home that’s been recently built, either someone has to move unexpectantly or it’s the model home. With this you get all the advantages of quality and not having to do many repairs right away but you don’t get the choices that make building so appealing. Consider all your options wisely.

Filed Under: New Home Building, Resources Tagged With: building, construction, new homes

About Jessica

Jessica HellardJessica Hellard
Kingston Real Estate Broker providing innovation + integrity to clients. Kingston Animal Rescue Co-Founder and supporter. Interested in tech, games, sports, nature and everything #ygk!

Connect with me

Email: kingstonrealestate@gmail.com
Phone: 613.532.5336

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Why RE/MAX

For over 20 years RE/MAX has been the number one real estate organization in Canada, and continually has the number one market share in virtually every region. RE/MAX has always believed in staying on the forward edge of the real estate industry, adopting and adapting the latest technology and creating innovative marketing and productivity programs.

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