8 Friday, January 28, 2022brooklintowncrier.com Direct: 905 655 7236 Office: 905 239 4800 Eleanor King B. N. Realtor Maurice King B.E.D.S., B.Arch. Realtor What others are saying... "Trusted advisor!" | "Customer Focused!" | "Local Expert!" | "Professional!" | "Knowledgeable!" "Hard Working!" | "Accessible!" | "Dependable!" | "Patient!" | "Reliable!" "Well Prepared!" | "Honest!" | "Strong Negotiator!" "Superb Service!" Want to know what's happening in the market? Want to Know the Value of your House? Call Us Now! 905.655.7236 There is no cost or obligation! Your Trusted Source to Buy, Sell or Invest! 905.655.7236 view 1000's of Homes for sale at KingHomeTeam.com or KingOfBrooklin.com MARKETING YOUR HOME FOR ALL IT IS WORTH! *Existing homes + new construction, closed and pending for 2020. ** Photo similar to house to be built. Not intended to solicit those under contract. 2022 Brings More of the Same People say the real estate market has been "unsustainable" for almost a decade now. The pandemic hasn't been enough to cool the market. With inflation hitting an 18-year high in October, the Bank of Canada is expected to respond by rais- ing its overnight rate multiple times in 2022. The Big 6 banks have predicted the Bank of Canada will raise its overnight rate by one per cent by the end of 2022. Only time will tell what impact this will have on the market, but given current levels of supply and demand, a one-per-cent hike is unlikely to be a significant factor on sales or prices. Chris Alexander, president of Re/Max Canada, anticipates a bump in activity ahead of rate hikes, but feels the Bank of Canada's "slow and gradual" response won't be much of a deterrent for buyers overall. The Canadian Real Estate Association (CREA) projects the number of sales to drop by 12.1 per cent next year. With housing inventories at historic lows there will be fewer homes for sale. Canadians will have even fewer -- yet more expensive -- homes to battle over. Industry experts have attributed the rapidly rising price of homes to the housing supply shortage, which was amplified by a notable spike in demand in 2020 and 2021. This is expected to continue, with 1.2 million people expected to immigrate to Canada by 2023 and all of them need a home. With no major increase in listings or new construction expected, industry experts suggest market pressures could mount, putting ever greater pressure on prices. By the end of 2021, 97 per cent of Canadian housing markets analyzed by RE/MAX Canada (37 out of 38) were expected to be seller's markets in 2022, characterized by low supply, high demand and rising prices. This is likely to continue in 2022, given that adding supply to the market isn't a quick fix. For an update on the market and how it affects the value of your home when you sell, Call us at 905.409.6730 We interviewed three real estate teams as part of the process, and Maurice and Eleanor won hands down. No flash in the pan from this team, just to the point and using their experience made us feel comfortable and confident. The King Home team gets a 5 out of 5. They are a professional team who guided us through the entire sale of our house. Eleanor was a godsend keeping us calm and reassuring us along the way. They were there throughout the process to answer our questions and provide guidance when needed. The staging team did an amazing job. This team goes above and beyond, kudos to both of you and your entire team. We would definitely recommend the King Home Team, and would use them again in the future. Karen and Gary SOLD OVER ASKING! FOR SIMILAR RESULTS CALL US! Call 905.409.6730 for more info on our Exclusive SELLER Program! Ask how we get our client more money for their homes. SOLD OVER ASKING! Bungalow for Sale! 3 Bedroom Home on 50 ft. lot! 9ft. Ceiling! Formal Living/Dining! Open concept Kitchen/Family Rm Freshly Painted! New Carpet/ Hardwood! Won't Last Long! Call or Text 905.409.6730 Thinking of making a Move? Call us 905.409.6730We have Buyers! FOR SALE! FOR SALE! SOLD OVER ASKING! SOLD PRIVATELY! Whitby Council unanimously approved a pledge of $250,000 over up to ten years to The Charles H. Best Diabetes Centre (Best Centre) on Columbus Road. The pledge is directed to the building on the Best Expansion Campaign with a goal of renovating and expanding the Centre. The Best Centre announced the Building on the Best Expansion Campaign last May. With a goal of $5 million, the Centre is working to raise funds to renovate and expand its current heritage site. The building expansion will include construction of a new Welcome and Reception area that will connect the two existing structures, as well as renovation of the main house. Major renos It will also allow for a renovation of the two existing structures and an addition of a supplementary conjoining space. Upon completion, the new centre will have full first floor accessibility, 18 patient counselling spaces, a new large event and education space, six meeting rooms, and an additional clinic room with a children's play area. "Expansion is a necessity as we expect patient demand to double in the next five years" said Lorrie Hagen, Executive Director at The Charles H. Best Diabetes Centre. "The Town of Whitby has been supportive of our work for years. We are grateful for Council's ongoing support and this newest pledge demonstrates their belief in the importance of the Best Centre and the well-being of our residents." The Building on the Best Expansion Campaign has the support of many community volunteers such as Whitby Regional Councillor Liz Roy, who sat on the campaign Taskforce. "To see the Building on the Best campaign progress and garner support from the Town of Whitby is very special" stated Councillor Roy. "The Best Centre is an integral part of our community and expansion will not only benefit the residents of Whitby, but the entire Region." Mayoral support Whitby Mayor Don Mitchell was present at the virtual announcement of the Building on the Best Expansion Campaign earlier this year. "We are proud to be home to The Charles H. Best Diabetes Centre," said Mayor Mitchell. "We have been pleased to support their services and much needed expansion through our Community Development Fund in past years and now through a long-term pledge of this size." The Best Centre delivers one-of- a-kind patient-centred healthcare exclusive to type 1 diabetes. As Canada's only stand-alone centre and charitable organization specializing in type 1 diabetes, the staff provides highly responsive and individualized care. The interdisciplinary care team includes registered nurses, dietitians and social workers who provide frontline healthcare and education throughout patients' lifetime. Whitby Gifts The Best Centre $250,000 413: No Tolls 412-418: Tolls Still there