Pineview St. Albert Real Estate Statistics – February 2015

March 3, 2015 By

Pineview St. Albert Real Estate Statistics – February 2015

Click here for all Pineview homes for sale in St. Albert. There are currently 2 homes and 2 condominiums for sale in Pineview. A total of 2 homes sold in Pineview in the month of February. On average, it takes 30 days to sell a Pineview home. The highest year-to-date selling price of a Pineview home is $514,000. The average list price of a Pineview home in February was $449,450, and the average sold price was $440,000.

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Pineview St. Albert Homes For Sale

Filed Under: Monthly Statistics, Statistics

Oakmont St. Albert Real Estate Statistics – February 2015

March 3, 2015 By

Oakmont St. Albert Real Estate Statistics – February 2015

Click here for all Oakmont homes for sale in St. Albert. Currently, there are 19 homes for sale in Oakmont. A total of 2 homes were sold in Oakmont in February. On average, it takes 126 days to sell an Oakmont home. The average list price for an Oakmont home in February was $599,900, and the average sold price was $597,900. The highest year-to-date sold price of an Oakmont home is $605,900.

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Oakmont St. Albert Homes For Sale

Filed Under: Monthly Statistics, Statistics

North Ridge St. Albert Real Estate Statistics – February 2015

March 3, 2015 By

North Ridge St. Albert Real Estate Statistics – February 2015

Click here for all North Ridge homes for sale in St. Albert. The highest year-to-date sold price of a North Ridge home is $690,000. There are currently 27 homes and 1 condominium for sale in North Ridge. A total of 5 homes were sold in North Ridge in February. On average, it takes 35 days to sell a North Ridge home. The average list price of a North Ridge home in February was $489,925, and the average sold price was $482,875.

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North Ridge St. Albert Homes For Sale

Filed Under: Monthly Statistics, Statistics

Mission Park St. Albert Real Estate Statistics – February 2015

March 3, 2015 By

Mission Park St. Albert Real Estate Statistics – February 2015

Click here for all Mission Park homes for sale in St. Albert. A total of 3 homes in Mission Park sold in February. The highest year-to-date sold price of a Mission Park home is $460,000. On average, it takes 79 days to sell a Mission Park home. The average list price of a Mission Park home in February was $384,867, and the average sold price was $372,333. There are currently 5 homes and 4 condominiums for sale in Mission Park.

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Mission Park St. Albert Homes For Sale

Filed Under: Monthly Statistics, Statistics

Lacombe Park St. Albert Real Estate Statistics – February 2015

March 3, 2015 By

Lacombe Park St. Albert Real Estate Statistics – February 2015

Click here for all Lacombe Park homes for sale in St. Albert. On average, it takes 35 days to sell a Lacombe Park home. A total of 8 homes were sold in Lacombe Park in February. The average list price of a Lacombe Park home in February was $546,175, and the average sold price was $538,787. The highest year-to-date selling price of a Lacombe Park home is $1,040,000. There are currently 13 homes and 6 condominiums for sale in Lacombe Park.

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Lacombe Park St. Albert Homes For Sale

Filed Under: Monthly Statistics, Statistics

Kingswood St. Albert Real Estate Statistics – February 2015

March 3, 2015 By

Kingswood St. Albert Real Estate Statistics – February 2015

Click here for all Kingswood homes for sale in St. Albert. The highest year-to-date sold price of a Kingswood home is $766,500. Currently, there are 20 homes for sale in Kingswood. A total of 3 Kingswood homes sold in February. The average list price for a Kingswood home in February was $569,967, and the average sold price was $567,967. On average, it takes 15 days to sell a home in Kingswood.

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Kingswood St. Albert Homes For Sale

Filed Under: Monthly Statistics, Statistics

Inglewood Park St. Albert Real Estate Statistics – February 2015

March 3, 2015 By

Inglewood Park St. Albert Real Estate Statistics – February 2015

Click here for all Inglewood Park homes for sale in St. Albert. There were no homes sold in Inglewood Park in February. There are currently 6 condominiums and 1 home for sale in Inglewood Park.

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Inglewood Park St. Albert Homes For Sale

Filed Under: Monthly Statistics, Statistics

Heritage Lakes St. Albert Real Estate Statistics – February 2015

March 3, 2015 By

Heritage Lakes St. Albert Real Estate Statistics – February 2015

Click here for all Heritage Lakes homes for sale in St. Albert. There are currently 12 homes and 1 condominium for sale in Heritage Lakes. A total of 3 homes were sold in Heritage Lakes in February. On average, it takes 13 days to sell a Heritage Lakes home. The highest year-to-date sold price of a Heritage Lakes home is $620,000. The average sold price of a Heritage Lakes home in February was $450,500, whereas the average list price was $456,262.

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Heritage Lakes St. Albert Homes For Sale

Filed Under: Monthly Statistics, Statistics

Grandin St. Albert Real Estate Statistics – February 2015

March 3, 2015 By

Grandin St. Albert Real Estate Statistics – February 2015

Click here for all Grandin homes for sale in St. Albert. A total of 6 homes were sold in Grandin in February. On average, it takes 22 days to sell a Grandin home. The highest year-to-date sold price of a Grandin home is 438,000. Currently, there are 19 homes and 15 condominiums for sale in Grandin. The average list price of a Grandin home in February was $352,175, and the average sold price was $344,750.

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Grandin St. Albert Real Estate Statistics

Filed Under: Monthly Statistics, Statistics

Forest Lawn St. Albert Real Estate Statistics – February 2015

March 3, 2015 By

Forest Lawn St. Albert Real Estate Statistics – February 2015

Click here for all Forest Lawn homes for sale in St. Albert. The average list price of a Forest Lawn home in February was $339,000, and the average sold price was $333,500. On average, it takes 18 days to sell a Forest Lawn home. In February, 1 home was sold in Forest Lawn. The highest year-to-date sold price of a Forest Lawn home is $347,000. Currently, there are 5 homes and 2 condominiums for sale in Forest Lawn.

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Forest Lawn St. Albert Real Estate Statistics

Filed Under: Monthly Statistics, Statistics

Erin Ridge North St. Albert Real Estate Statistics – February 2015

March 3, 2015 By

Erin Ridge North St. Albert Real Estate Statistics – February 2015

Click here for all Erin Ridge North homes for sale in St. Albert. The highest year-to-date sold price of an Erin Ridge North home is $744,000. On average, it takes 19 days to sell an Erin Ridge North home. There was 1 home sold in Erin Ridge in the month of February. The average list price of an Erin Ridge North home in February was $759,900, and the average sold price was $744,000. There are currently 4 homes and 2 condominiums for sale in Erin Ridge North.

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Erin Ridge North St. Albert Real Estate Statistics

Filed Under: Monthly Statistics, Statistics

Erin Ridge St. Albert Real Estate Statistics – February 2015

March 3, 2015 By

Erin Ridge St. Albert Real Estate Statistics – February 2015

Click here for all Erin Ridge homes for sale in St. Albert. Currently, there are 41 homes and 4 condominiums for sale in Erin Ridge. A total of 3 homes were sold in Erin Ridge in the month of February. On average, it takes 24 days to sell an Erin Ridge home. The average list price of an Erin Ridge home is $465,600, and the average sold price is $456,500. The highest year-to-date sold price of an Erin Ridge home is $750,000.

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Erin Ridge St. Albert Real Estate Statistics

Filed Under: Monthly Statistics, Statistics

Deer Ridge St. Albert Real Estate Statistics – February 2015

March 3, 2015 By

Deer Ridge St. Albert Real Estate Statistics – February 2015

Click here for all Deer Ridge homes for sale in St. Albert. A total of 4 homes were sold in Deer Ridge in the month of February. On average, it takes 15 days to sell a Deer Ridge home. The average list price of a Deer Ridge home in February was $424,300, and the average sold price was $420,375. The highest year-to-date sold price of a Deer Ridge home is $475,000. There are currently 16 homes and 1 condominium for sale in Deer Ridge.

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Deer Ridge St. Albert Real Estate Statistics

Filed Under: Monthly Statistics, Statistics

Braeside St. Albert Real Estate Statistics – February 2015

March 3, 2015 By

Braeside St. Albert Real Estate Statistics – February 2015

Click here for all Braeside homes for sale in St. Albert. The highest year-to-date sold price of a Braeside home is $459,000. Currently, there are 6 homes and 2 condominiums for sale in Braeside. On average, it takes 73 days to sell a home in Braeside. A total of 3 homes were sold in Braeside in the month of February. The average list price of a Braeside home in February 429,600, and the average sold price was $423,833.

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Braeside St. Albert Real Estate Statistics - October 2014

Filed Under: Monthly Statistics, Statistics

Akinsdale St. Albert Real Estate Statistics – February 2015

March 3, 2015 By

Akinsdale St. Albert Real Estate Statistics – February 2015

Click here for all Akinsdale homes for sale in St. Albert. There was 1 home sold in Akinsdale in the month of February. On average, it took 19 days to sell a home in Akinsdale in February. The average list price of an Akinsdale home in February was $375,000, and the average sold price was $371,500. Currently, there are 6 homes and 2 condominiums for sale in Akinsdale. The highest year-to-date sold price of an Akinsdale home was $410,000.

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Akinsdale St. Albert Real Estate Statistics

Filed Under: Monthly Statistics, Statistics

Investing in the Dominican Republic

February 27, 2015 By

Source: Canadian Real Estate Magazine

Colleen Valerio, head of sales and marketing for DR Properties, explains why Canadian investors should consider investing in the Dominican Republic.

Q: Why is the Dominican Republic a great place to invest right now?

A: It’s not just about investments for our clients. It’s mostly people who want to get into a future retirement place that’s out of the cold. They choose the Dominican Republic because we have a stable government, a large Canadian community, great infrastructure, and lots of good services. The other reason they choose this area is because we have a big tourist market.

Q: What has attracted Canadian investors to the Dominican Republic?

A: On the investment side, certainly rental returns. Most developments usually average a 70 per cent occupancy rate over the course of a year. So for our clients, who are still working, they’re living in these properties for two weeks to a couple of months a year, and the rest of the time, they’re watching it earn some money.

Q: What are the average property prices and rents in the Dominican Republic?

A: You can spend anywhere from $70,000 up to $10 million. Our buyers tend to be on the $200,000 to $400,000 range, and that will get you a very nice house in a gated subdivision. For rentals, most people rent on a short-term or nightly basis to vacationers. The rates range from $100 to $400 per night, depending on the location, type and size of property.

Q: What types of properties are the best buys?

A: Most of our buyers have been choosing single-family homes lately because they can get a good bang for their buck, and they have great rental returns. In terms of condos, anything on the oceanfront attracts attention. If you can get it for a good price and it’s well-managed, that’s a great return and capital appreciation.

Q: What are some the best areas for investing in the Dominican Republic?

A: We tend to focus on the Cabarete area for a few reasons: there is a great community there and infrastructure that supports real life. If you’re looking for investments, a lot of people will look at Punta Cana, but there is no infrastructure there.

Q: How has the country performed amongst baby boomers and retirees?

A: Our average buyer is between 45 and 65. Most people want to use the property themselves, as well as have it as an investment.

Economic outlook
The Dominican Republic is economically sound. According to the IMF, its GDP is expected to jump sharply, from 2.2 per cent in 2013 to another 3.4 per cent in 2014.

This article was first published in the October 2013 issue of CREW magazine.

Filed Under: Dominican Republic

Travel to Dominican up 7.5% in January

February 24, 2015 By

Source: DR1 Travel News

Despite a series of snowstorms that have caused travel plan cancellations, travel to the Dominican Republic continues to grow. The Central Bank of the Dominican Republic reports that 33,833 more non-resident travelers entered the country in January 2015 compared to January 2014. Of this total 23,376 were foreigners (up 6.2%), while 8,457 were Dominican expats, or 22% more.
The Central Bank says that 96.5% of the travelers visited for recreation, 1.7% to see friends and family and 1.2% for business. 95.5% of them stayed at hotels. 57.2% were in the 21-49 age bracket, with an almost equal split of 50.5% female and 49.5% male visitors.
The Central Bank says that the average 10% growth the country has experienced over the past 16 months is explained by the recovery in the US market, the main source for travel to the Dominican Republic. Tourists from the United States prefer traveling to the Dominican Republic in the Caribbean.
Total number of arrivals at the eight international airports was 536,234 visitors, including Dominicans and foreigners.
Tourist arrivals were mainly from the United States, Canada and Mexico (57%), followed by Europe (27.6%) and South America (12.8%).
In January, 20,682 more travelers arrived from the United States. There were also increases from Brazil (4,777 more), Venezuela (3,448), Germany (3,280), UK (3,054), Spain (2,532), Colombia (1,518), Sweden (1,130), Chile (904), France (860) and Italy (858).
Only travel from Russia was down by 0.9%. There were 12,226 fewer Russian travelers in January, reflecting the recent downturn of the Russian economy.
This was compensated by increases in visitors from Germany (15.4%), UK (39.2%), Spain (27.8%), France (3%), Italy (8.9%) and Sweden (34.9%).

Filed Under: Dominican Republic

Caribbean sets new tourism record

February 11, 2015 By

Source: Edmonton Journal, Business section, February 11, 2015

San Juan, Puerto Rico

Officials say a record 26.3 million people travelled to the Caribbean last year and spent an unprecedented amount of money in what is considered the world’s most tourism-dependent region.

It is the fifth consecutive year that the Caribbean reports an increase in tourists following an economic crisis that forced resorts to shut down and caused a drop in visitors and spending. The Caribbean Tourism Organization on Tuesday attributed the increase in part to improvements in airports, the opening of new hotel chains and an increase in direct flights and airline seat capacity.

The Dominican Republic, Cuba, Jamaica and Aruba are among the larger destinations that saw an individual record number of visitors.

Tourists overall spent more than $29 billion US in the region last year.

 

 

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Filed Under: Dominican Republic

Pro Cigar 2015 in Dominican Republic

February 11, 2015 By

Source: DR1 Travel News, Pro Cigar

A great opportunity to get an insider view of the best of the Dominican cigar industry, during the Pro Cigar Festival 2015 local cigar manufacturers once again open their doors to tourists from around the world. This year’s event takes place from 15-20 February with trips to the Tabacalera de Garcia installations in La Romana and also to General Cigar, Davidoff, Quesada Cigars, La Aurora, Corporacion Cigar Export, Tabacalera La Alianza-EP Carrillo, La Flor Dominicana, Tabacalera Palma and the Cigar Family Charitable Foundation.
Gala dinners ending with the best premium smokes are planned for the evenings. The event promises to be both a learning experience and a treat for cigar smokers.

 

 

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Filed Under: Dominican Republic

February is Carnival Time in Dominican Republic

February 11, 2015 By

Source: DR1 Travel News

Every Sunday in February is time for carnival. The most famous Dominican carnival celebrations take place in La Vega (with the traditional diablo cojuelo characters), Bonao (macaraos), and Santiago (lechones). In Puerto Plata there is also a carnival at the Central Park where the traditional carnival character is the “taimascaro.”
The National Carnival Parade then takes place in Santo Domingo on Sunday, 1 March 2015 and on 7 March 2015 in Punta Cana. In both locations a selection of the best carnival troupes from all over the country will be taking part.

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Filed Under: Dominican Republic
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