Wednesday 29 January 2014

Upper End Market Trends - Canada's luxury home market on a clear, upward trajectory

 Luxury homes in Durham Region


Accelerated demand pushing five-year growth rates into double and triple-digit territory

Significant gains at the top end of the country's housing market continued to demonstrate the overall strength of Canadian real estate in 2013, according to a report released by RE/MAX.

The RE/MAX Upper End Report, highlighting trends and developments in 16 major Canadian centres, revealed that:
  • Seventy-five per cent of markets experienced year-over-year percentage increases in sales—including eight markets that posted double-digit gains.  Greater Vancouver led the charge with a 36 per cent increase in luxury sales last year, followed by Calgary at 34 per cent, Edmonton at 32 per cent, Hamilton-Burlington at 31 per cent, Kitchener-Waterloo at 27 per cent, Winnipeg at 26 per cent, Greater Toronto at 18 per cent, and Saskatoon at 15 per cent.
  • Over two-thirds of markets set new records for high-end sales in 2013.  Markets included St. John’s, Quebec City, Greater Toronto, Hamilton-Burlington, Kitchener-Waterloo, London-St. Thomas, Winnipeg, Regina, Saskatoon, Edmonton, and Calgary.
  • Luxury sales have close to quadrupled since 2009 in Regina (up 288 per cent), tripled in St. John’s (219 per cent), and more than doubled in Winnipeg (189 per cent), Hamilton-Burlington (173 per cent), Saskatoon (157 per cent), the Greater Toronto Area (147 per cent), Greater Vancouver (125 per cent), and Calgary (115 per cent).  London-St. Thomas was up 90 per cent, Ottawa increased 86 per cent, Edmonton rose 81 per cent, while Quebec City jumped 76 per cent and Montreal climbed 61 per cent in the five-year period.

"Canada's luxury housing market has undergone serious transformation in recent years, setting a new standard for lifestyles of the rich and famous," says Gurinder Sandhu, Executive Vice President and Regional Director, RE/MAX Ontario-Atlantic Canada. "High-end homes are commanding top dollar in blue chip neighbourhoods from coast to coast. Condominiums are hitting price points that rival single-detached homes. The market is maturing and the appetite is unprecedented."

Last year’s relatively low interest rate environment, substantial equity gains in Canadian real estate markets, stellar performance in US equities, and improving economic conditions contributed to the upswing in luxury home sales, driving close to 70 per cent of Canadian markets to new heights in 2013.

Greater Vancouver experienced the largest bounce back in 2013, with sales of luxury homes posting the second highest level on record.  Western Canada claimed the country’s top three high-end markets in 2013.  Ontario continued to demonstrate strength in the upper end, especially in Hamilton-Burlington and Kitchener-Waterloo.  Canada’s largest real estate market—the GTA—also reported healthy activity in 2013.  Quebec held its own, with luxury sales outperforming overall residential market activity in both Greater Montreal and Quebec City.  Atlantic Canada experienced solid demand in St. John’s, where upper end sales were up, but posted a decline in Halifax-Dartmouth.

The surge in high-end homebuying activity dovetails with growing strength in global markets, including London (where sales of homes priced in excess of $8 million are up 24 per cent), and the US, where sales at high end of the market—homes priced at $1 million or more—are selling at nearly triple the pace of everything else.

“Canada offers up some world-class real estate at affordable prices and, as such, we should see continued upward pressure on both sales and values in the years ahead,” says Sandhu.  “Certainly, that has been the experience south of the border where prices for luxury product have climbed as high as $90 million for a penthouse in New York City.  By comparison, Canada’s priciest sales in 2013 included a $25 million condominium and an $18.6 million compound offering mountain and water views in Greater Vancouver, a smaller version of France’s Palace of Versailles in the Greater Toronto Area that moved at just over $13.4 million, and an $11.1 million estate in Calgary.  Given the prices commanded in other global centres, it’s clear that there is still room for growth in Canadian real estate markets.”

Local purchasers continue to be the primary drivers in the upper end of the market, as Canadian affluence climbs.   The ranks of Canadian millionaires are growing—up approximately 6.5 per cent to 298,000 individuals in 2012 (over 2011)—and with it, the undeniable appeal of bricks and mortar.  The CapGemini report also found that Canadian wealth expanded to $897 billion in 2012—with investment in equities and real estate contributing to the upswing in growth.  Some foreign investment was also noted in 2013, most prevalent in markets such as Greater Vancouver and the Greater Toronto Area.

“Improving economic fundamentals will continue to support confidence among Canada’s high-end home purchasers, buoying overall intentions moving forward,” explains Sandhu.  “In the meantime, strength demonstrated at the upper-end remains a positive indicator of the real estate sector’s broader health.” 

Diminished supply of single-family homes—particularly in markets like the Greater Toronto Area and Greater Vancouver—contributed to steady homebuying activity, as pent-up demand persisted.  Yet, most purchasers remained grounded, especially at higher price points, and the climate proved fundamentally healthy. 

Greater Toronto Area
  
Luxury home sales in Canada's largest real estate market continued to climb in 2013, rising 18 per cent to 1,908 units—setting a new record for upper end activity priced
in excess of $1.5 million. Inventory levels played a key role in the uptick, with more buyers vying for fewer product, especially in prestigious central core districts, including Rosedale, Forest Hill, Lawrence Park, Bridle Path, Hogg's Hollow, and, to a lesser extent, west end neighbourhoods such as the Kingsway, Edenbridge, and Princess Anne Manor. Read more about the Greater Toronto Area. Read about the Greater Toronto Area.

Oakville

Oakville—one of the 905's most desired communities with a long-standing tradition of high-end sales—experienced unprecedented demand yet again, setting a new record for home sales over the $1.5 million price point in 2013. One hundred and fifty-six luxury properties changed hands last year, up 19 per cent from the 131 sales reported in 2012. Read more about Oakville. Read about Oakville.

Upper End Market Trend: Read the full report


 Homes for Sale in Durham Region


For more insight into the housing market within Durham Region, the Whitby real estate market, or the Brooklin real estate market, contact me. If you are an existing homeowner and are thinking about a, move, I can tell you what your house or condo is worth in today’s marketplace.

Randy Miller
Sales Representative
Re/Max Rouge River Realty Ltd., Brokerage
905-668-1800 or 905-427-1400
randy@randymiller.ca

www.randymiller.ca


Thursday 23 January 2014

Beat the Cold! Local Winter Activities in the Durham Region for the Whole Family

Durham Region Real Estate
Living in the Durham Region is fun


The weather outside may be frightful, but there are lots of local activities which help to enjoy the cold. Durham Region offers lots of places for staying active during the winter season. Here are just some of them:

Discover the thrill of winter on the slopes! 

There are two great local ski resorts, Lakeridge and Dagmar Ski Resort. Check out their websites for more information:


Hit the Ice! 

Durham region has many outdoor rinks and indoor skating facilities for the whole family. Here are just some of them:


It’s time to dig out the toboggans and enjoy the powder while it lasts.  

Here are Durham Region's parent picks for tobogganing hot spots from Ajax, to Oshawa to Whitby and beyond:

Ajax
  • Greenwood Conservation Area Offers a variety of hill sizes
  • East end of Lake Driveway. Go to the end of Harwood, turn left on Lake Driveway and you'll see the hill.   Great for little ones.
  • Paulynn Park, 1571 Ravenscroft Road
  • Brother Andre Catholic School, 60 Segar Ave (very steep)
  • a few smaller hills behind Duffins Bay Public School in south Ajax


Ashburn
  • Hy Hope Farm Offers great hills for all ages.


Bowmanville


Scarborough (Pickering Border)
  • Adams Park - Scarborough (Port Union) offers hills for all ages. 


Uxbridge
  • Snow Tubing at Ski Lakeridge (for kids 4 and older) $5.25/ride
  • Uxbridge Arena Hill (291 Brock Street West, Uxbridge) Call: 905 852-3081 for more information.


Whitby
  • Very small hill for little ones on back field of Henry Street High School (600 Henry Street)
  • Very small hill of very end of Annes Street South (where it reaches a dead-end)
  • Medium/large hill (without too steep an incline) that many toddlers to school-aged kids use at the - Otter Creek Park (bottom of hill is on Frost Drive, top of hill off Habitant Crescent)
  • The east side of Guthrie Park (thanks to gtadaddy on Twitter) http://ow.ly/3S98u
  • Glen Hill Park on Glen Hill St is a great medium hill
  • Pringle Creek Park


Oshawa
  • Park Rd and Philip Murray Dr (use extreme caution since there are no barriers and can be lots of traffic)
  • Farewell St just south of Highway 2 has an awesome mega hill (not for the faint of heart)
  • Oshawa Golf Club


Pickering
  • behind Fairport Beach Public School on Oklahoma Dr



Even if you are not an outdoors person there is lots to do here in Durham. There are many arts activities, entertainment venues and indoor recreation facilities. Durham has some of the best community recreation centers in Ontario. Check out Durham's 2014 Discovery Guide and have some fun with your whole family!


Randy Miller
Sales Representative
Re/Max Rouge River Realty Ltd., Brokerage
905-668-1800 or 905-427-1400
randy@randymiller.ca
www.randymiller.ca


Randy Miller - Re/Max Sales Representative













Wednesday 22 January 2014

Anxious Toronto house hunters start the Spring market – in January?

Looking for a house in Durham Region? I can help


During the first week of 2014, prudent homebuyers start looking at houses. Given that the market typically pauses during December, but especially during the holidays, it can be a great time to get an early start.

Existing listings from 2013 may have been reduced to ensure a fresh start to the new year and new listings are not getting as many showings. With less buyer activity, multiple offers are less common. During the months of February and March, the “spring market” begins and activity increases significantly. Prices often rise in response to higher demand. That is why an early start is beneficial to first time buyers. Existing  homeowners are already in the market and may prefer to sell in the busier spring market.

Real estate ended 2013 with a burst of activity that surprised many economists. The Teranet-National Bank house price index hit a milestone in December with Toronto prices edging up 0.4 per cent. And despite concerns expressed by TD Bank chief Ed Clark who opined that bankers “should be worried about” the run up in house prices, buyers in Toronto seem more anxious than ever to grab what they can, when they can.

Meanwhile, the condominium segment is continuing to operate under a different dynamic from the market for single-family dwellings. The high number of competing units for sale in some buildings is allowing buyers to take their time and press for better deals. Signs of an oversupply is supported by the increasing number of condos that are being offered for rent by owners who have become unplanned landlords.    

Re/Max predicts that overall sales within the GTA and house prices will rise modestly during 2014, perhaps in the range of 2-3 percent.

For more insight into the housing market within Durham Region, the Whitby real estate market, or the Brooklin real estate market, contact me. If you are an existing homeowner and are thinking about a, move, I can tell you what your house or condo is worth in today’s marketplace.


 Homes for Sale in Durham Region



Randy Miller
Sales Representative
Re/Max Rouge River Realty Ltd., Brokerage
905-668-1800 or 905-427-1400
randy@randymiller.ca


Wednesday 15 January 2014

How Is The Market?

Greater Toronto Area Realtors® reported 4,078 residential transactions for December 2013, up by almost 14% compared to 3,582 sales reported during December 2012. Total sales for calendar year 2013, at 87,111, were up by approximately two per cent compared to 85,496 transactions in calendar year 2012.



Within Durham Region, 400 sales were reported for the month of December. The total number of sales recorded for 2013 was 10,312, a decrease of 2.2% from the 10,549 recorded during 2012. The average price of a home in Durham Region was $360,741 in December. For all of 2013, the average price was $357,529, which represents an increase of 6.4% above the 2012 average sale price during 2012.




Within the GTA, residential resale transactions were stable but modest during the first half of 2013, but accelerated during the last half of the calendar year. The number of sales relative to the number of listings was strong, indicating a balanced market that slightly favors sellers. 





The average sales prices for 2013 within the municipalities of Durham Region:








It is also interesting to note that houses in Durham Region sold within an average of 23 days during 2013. Ajax averaged just 20 days, Whitby averaged 19 days.

Prices continue to rise at a respectful rate and offer consumer’s an appealing and dependable long term investment. The reduction in the number of sales during some months can be attributed to a reduced supply in quality neighbourhoods and desirable price ranges. The strength and overall health of the local market is demonstrated by rising average sale prices year over year.

Real Estate Sales within Whitby, Brooklin and throughout all of Durham Region are strong. Given that most houses still sell in less than one month and prices rising prices demonstrate that real estate remains a good investment. While mortgage rates have increased slightly, affordability remains intact. 

For more insight into the houses within Durham Region, the Whitby real estate market, or the Brooklin real estate market, contact me. If you are an existing homeowner and are thinking about a, move, I can tell you what your house or condo is worth in today’s marketplace.


 Homes for Sale in Durham Region




Randy Miller
Sales Representative
Re/Max Rouge River Realty Ltd., Brokerage
905-668-1800 or 905-427-1400
randy@randymiller.ca
www.randymiller.ca





Why school matters when buying a house

School matters when buying a house


There’s a lot to consider when buying a house: location, price, style, bedroom count, taxes.

Here is something else you shouldn’t forget: Even if you don’t have or never plan to have school-age children, the quality of nearby schools can have an impact on how much you pay, and how much you sell a home for later.

Some reasons why schools matter when buying a home:

  • You’ll pay more to live in a good school district. Even if you don’t have kids, you’ll still pay more to be near a good school. They establish an area as a good location. Homes in the best school areas sell for more, on average, than similar houses in areas with lower-rated schools.
  • Even in a down market, an excellent school can help protect your home’s value.
  • It costs more to buy near a good school, but you’ll probably get more when you sell later.


Although schools matter, remember to buy the right home for you, at the right time. The right home for you should be one where you feel comfortable, and it should be in a location that makes sense to you.

There are websites where you can find out about schools in your area. You can also visit the Fraser Institute to find out about your school's ranking.  

Of course, nothing beats firsthand information, so ask residents in your targeted areas about local schools and other educational options.

If you need help in finding information on the schools in Whitby, Brooklin, Ajax, Pickering, Oshawa, Courtice or Bowmanville, contact me. I can make sure you get the information you need to make the best decision for you and your family...


 Homes for Sale in Durham Region


Randy Miller
Sales Representative
Re/Max Rouge River Realty Ltd., Brokerage
905-668-1800 or 905-427-1400
randy@randymiller.ca
www.randymiller.ca



 Randy Miller - Remax Sales Representative














Friday 10 January 2014

Housing Market Outlook 2014


Major residential real estate markets poised for further growth in 2014


Canadian consumers remained remarkably steadfast in their determination to achieve homeownership in 2013, fuelling residential real estate sales and average price nationally to a five-year high, despite a spotty regional performance.  Improved economic performance on both a national and global stage, combined with historically low interest rates and rising consumer confidence, should spark greater strength in 2014, with housing sales and values expected to further appreciate, according to a report released today by RE/MAX. 

The RE/MAX Canadian Housing Market Outlook 2014 examined trends and developments in 25 major markets across the country.  The report found that the number of homes sold is expected to match or exceed 2012 levels in almost two-thirds of markets (15/25) in 2013, led by strong activity in British Columbia, including Vancouver (10 per cent) and Kelowna (10 per cent).  Ninety-two per cent (23/25) of markets are set to experience average price increases by year-end 2013, with Hamilton-Burlington the country’s frontrunner at 7.5 per cent, followed by Barrie and District at seven per cent, Calgary and St. John’s at six per cent, and Greater Vancouver, Winnipeg and the Greater Toronto Area at five per cent.  The forecast for 2014 shows the upward trend gaining momentum, with values expected to climb yet again in 92 per cent (23/25) of centres, led by Greater Toronto at six per cent.   Strength and stability are forecast to characterize Canadian real estate in 2014, with sales estimates on par or above year-ago levels in all markets examined, led by Kelowna (10 per cent) and Calgary (nine per cent).

Nationally, an estimated 466,000 homes will change hands in 2013, an increase of three per cent over the 453,372 sales recorded in 2012.  Canadian home sales are expected to climb two per cent to 475,000 units by year-end 2014.  The average price of a Canadian home is forecast to appreciate four per cent to $380,000 in 2013, up from $363,740 in 2012.  Values are expected to continue to escalate in 2014, rising three per cent to $390,000 by year end.

“Canadian housing markets are on solid ground after a somewhat harrowing first and second quarter of 2013,” says Gurinder Sandhu, Executive Vice President and Regional Director, RE/MAX Ontario-Atlantic Canada.  “Better-than-expected economic performance, relatively stable inventory levels, and the threat of higher interest rates down the road proved mid-year game changers, providing the stimulus necessary to jumpstart homebuying activity.  The serious momentum that emerged in the latter half of the year is expected to spill over into 2014, setting the stage for continued growth and expansion in most residential markets.”

Regional disparities surfaced early in 2013, according to the RE/MAX Report, and were evident throughout the year.  Alberta started the year with a bang, with both major markets bucking the national downward trending in sales.  Homebuying activity in British Columbia, Saskatchewan, Manitoba, and Ontario kicked into high gear in July, with most centres expected to move ahead of 2012 levels by year end, led by Greater Vancouver, Kelowna, Victoria (six per cent), Windsor-Essex (six per cent), Edmonton (five per cent) and Hamilton-Burlington (five per cent).  Yet, performance in Quebec and Atlantic Canada is forecast to fall short of 2012 levels.  More consistent performance is expected in 2014, especially given economic projections for the East Coast and Quebec.  Both regions should rebound in the new year, led by Halifax-Dartmouth (five per cent), Moncton (three per cent), Greater Montreal (two per cent) and Quebec City (two per cent). 

“Inventory played a key role in keeping housing markets at an equilibrium in 2013—with supply largely meeting demand throughout the year,” says Elton Ash, Regional Executive Vice President, RE/MAX of Western Canada.  “The anticipated run-up in inventory failed to materialize in most major centres.  Prices remained healthy as a result, with steady upward momentum noted, particularly in the latter half of the year.  The trend is forecast to continue, with average price appreciation expected to break existing records in 2014.”

Although there are several factors that are expected to contribute to rising housing values on a national basis, one of the most pressing is build out.  Nowhere is that more obvious than in Vancouver, where the mountains and the ocean have prevented further growth, and the Greater Toronto Area, where the greenbelt has stymied future development.  As such, the availability of low-rise homes relative to the population is expected to contract, placing further pressure on prices.  Vertical growth and its affordable price point is representative of the future. 

“We’re definitely seeing a greater commitment to higher density at a municipal level,” says Ash.  “In fact, the trend already underway in Vancouver and Toronto, has gained serious momentum in smaller markets where cities are moving to infuse vibrancy into the urban core through mixed-use residential/commercial/retail development.   The level of investment is substantial—dovetailing with revitalization efforts currently underway.”

Solid underpinnings continue to support healthy levels of real estate activity from coast to coast.  Buyers appear to be realistic in their pursuits, and after several rounds of mortgage tightening, many are coming to the table better qualified, with larger downpayments and readjusted expectations. Imposed restrictions have had the desired effect.  A sound framework is now in place to support steady and sustainable growth over the next several years.  Existing inventory levels remain crucial to Canadian housing markets moving forward.  The tightening currently demonstrated at entry-level price points—as more first-time buyers make their way back into the market—could translate into further price hikes down the road. 

“Canadian homebuyers remain savvy, with a long-term mindset that bodes well for stability,” says Sylvain Dansereau, Executive Vice President, RE/MAX Quebec.  “Yet, they also value progress, and we expect that to translate again in 2014.  Equity gains should continue to result in tangible leaps to larger homes or better neighbourhoods, as well as a growing wave of renovation and revitalization.  Stock market performance is also expected to bolster activity, as paper wealth is converted to material wealth.”

Read full report: Housing Market Outlook 2014


To learn more about local market conditions, or insight into prices for real estate in Whitby, Brooklin, Ajax, Pickering, Oshawa, Courtice and Bowmanville, please contact me and/or visit my website.


Homes for Sale in Durham Region



Randy Miller
Sales Representative
Re/Max Rouge River Realty Ltd., Brokerage

905-668-1800 or 905-427-1400 
 



Canada’s housing market finishes 2013 on solid footing



BNN (Business News Network) reports that Canada’s housing market appears to have ended 2013 on a relatively strong note, with a number of major cities now reporting year-over-year sales gains for December and substantial increases in average selling prices.

The market, which was in the midst of a deep and lengthy sales slump at the outset of 2013, surprised economists during the latter half of the year with the strength of its rebound. A few major cities have now released last month’s data, and the figures point to solid sales and price gains. But the full picture won’t be known until the Canadian Real Estate Association discloses the national numbers later this month. Smaller cities and towns have not seen the same sales momentum as the country’s largest cities of late.

Toronto’s real estate board said that sales of existing homes in and around the city last month were almost 14-per-cent higher than a year earlier. The average price of homes that sold over the Multiple Listing Service during the month was $520,398, up by 8.9 per cent from the average selling price in December 2012.

The Calgary area saw an 8-per-cent year-over-year increase in sales last month. The benchmark price of a single family home was $472,200, up 8.6 per cent from a year earlier.
Toronto’s sales for all of 2013 came in about 2-percent higher than 2012.

“After a slow start to the year, sales growth accelerated to a brisk pace in the second half of 2013, Dianne Usher, president of the Toronto Real Estate Board, stated. “Despite the inclement weather in December, we finished the year with a respectable gain in transactions compared to 2012.”

Click here to read the full report. (Source: BNN, written by Tara Perkins)

To learn more about local market conditions, or insight into prices for real estate within Durham Region, including Whitby or Brooklin real estate, please contact me and/or visit my website.


Randy Miller
Sales Representative
Re/Max Rouge River Realty Ltd., Brokerage
905-668-1800 or 905-427-1400
randy@randymiller.ca
www.randymiller.ca


Wednesday 8 January 2014

Five Canadian mortgage market predictions for 2014



1. New mortgage rules
Expect more rule tightening in 2014 designed to reduce mortgage risk for lenders, mortgage default insurers and the government. By definition, those rules will make it slightly harder to get approved for some mortgages and further slow the housing market.
2. Credit unions will steal market share
Since they’re provincially regulated, credit unions have more flexible lending guidelines than federally regulated banks. They’ll use that to their advantage in addition to marketing more heavily, both online and to mortgage brokers. We’ll also see some big mergers this year as credit unions seek out economies of scale.
3. Stronger online players
A new breed of online mortgage broker is sacrificing commissions for volume, and selling cut-rate mortgages. This trend will heat up competition industrywide, delivering greater mortgage discounts to all consumers.
4. Hybrid mortgages will grow more popular
Economists and government officials have been warning us of higher rates for four years. So far they’ve been wrong, and now many consumers aren’t sure what to believe. More Canadians will hedge their rate bets with hybrid mortgages (part fixed and part variable).
5. Consumer IQs will increase
For those in the mortgage industry who prefer an uninformed consumer, your days are numbered. Canadians will spend more time researching rate comparison websites, online mortgage forums, news portals, blogs, calculators and other online mortgage tools. They’ll become increasingly savvy about fine print like penalty calculations, rate blend policies and refinance restrictions. (Find tips for securing the best mortgage in Robert McLister‘s Mortgage Checklist.)

Source: The Globe and Mail, written by Robert McLister, editor of CanadianMortgageTrends.com and a mortgage planner at VERICO intelliMortgage, a mortgage brokerage.


For more interesting information about the housing market, please visit my website.


Randy Miller
Sales Representative
Re/Max Rouge River Realty Ltd., Brokerage

905-668-1800 or 905-427-1400
randy@randymiller.ca
www.randymiller.ca














Significant changes in home inspection industry

 Critical Questions to Ask a Home Inspector


An integral part of any real estate home purchase is a home inspection. Whether you are purchasing a residential dwelling or a commercial building, it should be inspected by a professional. A competent inspection should identify any potential problems with the building or components. More importantly, it will provide sufficient information to allow the buyer to make an informed decision. Choosing a qualified and reputable building Inspector is not always an easy task. While there are many people who claim they are “qualified” building Inspectors, the quality of their work varies significantly.

Over the years, I have witnessed firsthand a wide range in the quality of work that the Inspectors perform. I cannot emphasize that it is very important for a consumer to complete their own due diligence when they are selecting a building Inspector.

Today anyone can call themselves a home inspector in Ontario. That is a scary proposition since most consumers depend on the opinion of a home inspector before making one of the biggest purchases of their lives. There are over 1,500 home inspectors operating in Ontario, yet there are no mandatory training or technical standards for them to meet. The results are often a leaky roof, cracked foundation or outdated electrical wiring or plumbing that was missed and which ends up costing unwary consumers thousands of dollars to repair after closing. Few consumers realize that many inspectors do not carry errors and liability insurance, meaning that if they make a mistake, even if you win a lawsuit, you may not recover funds to offset the repairs or problem.

The Ontario Minister of Consumer Services formed a panel of industry experts to make recommendations to change the home inspection industry, which included home inspectors, educators, a Realtor, a lawyer, educators, engineers and an insurance broker.

Their report is aptly titled "A Closer Look: Qualifying Ontario's Home Inspectors". The recommendations’ aim is consumer protection.  



The government is also asking for feedback. If you go to the government Government Website, then scroll down, you can get a copy of the form to complete.

If you have your own views on this important issue, send in your feedback to the government now. Change is coming to the home inspection industry, and the consumer should be the winner.


Making the right move is easy when you go with a knowledgeable and experienced local professional. Buying a home is something that you should not take any chances with. The inspectors I recommend all carry insurance, are very experienced and provide consumers with quality reports. 

Purchasing real estate is a complex process and every element of the transaction is best handled by an experienced professional. Don’t take chances, go with proven results and experience. As the top producing agent in my brokerage (approx.. 160 agents) last year and with 24 years of full-time local service in Whitby, Brooklin, Ajax, Pickering, Oshawa, Courtice and Bowmanville, I can make your purchase worry-free.



Randy Miller
Sales Representative
Re/Max Rouge River Realty Ltd., Brokerage
905-668-1800 or 905-427-1400 
randy@randymiller.ca
www.randymiller.ca