8 Friday, December 17, 2021 brooklintowncrier.com 412-418: Tolls Still there Happy Holidays! As part of next steps, in the near future, the Town plans to seek additional input from the community to help finalize its preferred Update from Council re: Hwy 7/12 Route Highway 7/12 Alternative Route in north Whitby. As part of this fourth round of community engagement, the public, businesses owners and interested parties will soon be encouraged to review and discuss Alternative F versus the current Technically Preferred Alternative B-R. (see diagram) Notifications will be sent to interested and impacted parties in advance of the community engagement opening. The additional community engagement is coming soon further to Council approving the following resolution earlier this month: "That Staff and the Environment Assessment (EA) Study Team be directed to review the Thickson Road option based on the planned future 4/5 lane Regional design terminating at the intersection of Highway 7/12 south of Brawley Road against the weighting of the preferred option, and following consultation with the Region of Durham, MTO, and MECP and a review of defensibility, report to Council with respect to next steps and the financial impact of pursuing the Mid-Block and Thickson Road as an alternative for the Highway 7/12 route as part of the enhanced consultation." *Existing homes + new construction, closed and pending for 2020. ** Photo similar to house to be built. Not intended to solicit those under contract. NEAR RECORD HOME SALES, LOW INVENTORY SUSTAIN STRONG PRICE GROWTH Home sales in the Greater Toronto Area (GTA) reached the second-highest level on record for the month of October. However, the inventory of homes for sale did not keep up with demand. The number of new listings was down by approximately one-third compared to October 2020. Market conditions tightened across all major home types compared to last year, and the annual rate of average price growth remained in the double digits, including for the resurgent condominium apartment segment. "The only sustainable way to address housing affordability in the GTA is to deal with the persistent mismatch between demand and supply. Demand isn't going away. And that's why all three levels of government need to focus on supply. The federal government has stated that collaboration with provinces and municipalities is required. This collaboration could be spearheaded, at least in part, with housing related incentives tied to federal infrastructure investment," said TRREB President Kevin Crigger. GTA REALTORS® reported 9,783 sales through TRREB's MLS® System in October 2021 - down by 6.9 percent compared to the October 2020 record of 10,503. A strong double-digit increase in condominium apartment sales mitigated annual declines in lowrise home sales. The number of new listings entered into the system was down by almost a third over the same period, with consistent declines across all major home types. The MLS® Home Price Index Composite Benchmark was up by 36.21 percent year-over-year for single family detached homes in Durham. "The tight market conditions across all market segments and areas of the GTA is testament to the broadening scope of economic recovery in the region and household confidence that this recovery will continue. A key part of future economic development in the GTA will be the ability to provide adequate ownership and rental housing supply so that people can continue to move to the region to live, work and spend money in the local economy," said TRREB Chief Market Analyst Jason Mercer. "Provincial and municipal candidates in the 2022 Ontario elections need to put housing at the forefront of their campaign platforms. Both the ownership and rental markets have recovered from the relatively short-term effects of the pandemic, but competition for ownership and rental properties is once again tight. Ontarians need to be clear on what would-be policymakers will do to alleviate supply shortages and related affordability challenges," said TRREB CEO John DiMichele. For an update on the market and how it affects the value of your home when you sell! Call us at 905.409.6730 Private Arranged Sale! Only our buyers viewed this Home! When there is nothing for sale on the market we still find homes for our buyers! Call 905.409.6730 for more info on our Exclusive Buyer Program! 3 bedroom Brooklin bunglow! Open concept kitchen overlooking family room! 9 ft ceilings! French doors lead to separate Living/Dining Room. Unspoiled basment! Text 905.409.6730 for Details Coming Soon! Meticulously maintained home on premium lot! Backing onto conservation land. Ground floor master bedroom! Cathedral ceiling in family room! Finished Basement. Text 905.409.6730 for Details Coming Soon! Exceptional Value! Net Zero homes produce as much energy as it consumes using advanced construction methods, materials and superior heating/cooling equipment. Text 905.409.6730 for Details Pre-Construction Too Late... SOLD! SOLD to our Exclusive Buyer! Never came to Market. No Bidding War! Sold at Market Value without the fuss! Call or Text 905.409.6730 Wishing you and your Family a Merry Christmas and a Safe, Healthy, Happy New Year!