RBC study finds home purchasing intentions rebound in Ontario
Almost two-in-three Ontarians say it's a buyer's market

TORONTO, March 4 /CNW/ - Homebuying intentions in Ontario have increased over last year and sit just shy of 2007 levels, according to the 16th Annual RBC Homeownership Survey. The poll found that 30 per cent of Ontarians said they were likely to purchase a home within the next two years, up from 21 per
cent in 2008.

The survey, conducted by Ipsos Reid, found that a large majority (73 per cent) believe it is a buyer's market right now, with less than one-in-ten (seven per cent) saying sellers currently have the advantage. Given current housing prices and economic conditions, most Ontarians (54 per cent) believe
it makes more sense to buy now, rather than wait until next year. "With mortgage rates and housing prices looking more favourable than they did last year, many Ontarians are saying now is the time to buy," said Doug Crowe, vice-president, Mortgages, Greater Toronto Area, RBC. "Our survey also
showed that an overwhelming majority of Ontarians still feel confident that buying a home is a smart, worthwhile investment."

In fact, according to the survey, 84 per cent of those polled in Ontario said that buying a home is a good or very good investment. On average, Ontario homeowners approximate the value of their home at $247,632. On average, they also estimate that the value of their homes increased 10 per cent over the
last two years.

Among those who plan to purchase this year or next, 34 per cent cited the need for a bigger home. Thirty-three per cent will do so because their current home does not meet their needs, and 32 per cent said they will buy because house prices are attractive. Seventy-six per cent said they plan to purchase
resale and most (69 per cent) will opt for a detached house.

Future Ontario homebuyers also specified that environmental considerations would weigh on their purchase decision. Almost all respondents (96 per cent) indicated that buying a home with low energy consumption was important to them and 81 per cent said the same about environmentally-friendly
features. Further, 91 per cent of those surveyed were interested in having standardized energy ratings for their homes.
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Regional Differences        Nat     BC     AB SK/MB     ON     QC     AT
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Own a home                  67%    69%    69%    70%    68%    60%    67%
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Percentage of homeowners
who have a mortgage        61%    56%    46%    62%    64%    66%    60%
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Percentage who believe it
is a buyer's market        65%    78%    72%    34%    73%    52%    58%
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Owners and renters who are
'likely' or 'very likely'
to purchase a home in the
next two years             27%    26%    35%    25%    30%    22%    25%
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Believe mortgage rates
will be higher in one
year's time                33%    28%    26%    35%    33%    33%    46%
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Believe housing prices
will be higher in one
year's time                25%    20%    23%    27%    26%    25%    36%
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Believe buying a home is
a good investment          83%    81%    86%    83%    84%    79%    84%
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Homebuyers planning to
purchase a detached home   68%    76%    63%    63%    69%    60%    84%
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Homebuyers planning to buy
a bigger home              47%    42%    40%    69%    52%    49%    20%
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Homebuyers planning to buy
a resale home              74%    83%    71%    60%    76%    75%    64%
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Homebuyers planning to buy
a new home                 26%    17%    29%    40%    24%    25%    36%
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These are some of the findings of an RBC poll conducted by Ipsos Reid between January 6 and 9, 2009. The online survey is based on a randomly selected representative sample of 2,026 adult Canadians. With a sample of this size, the results are considered accurate to within +/-2.2 percentage points,
19 times out of 20, of what they would have been had the entire adult Canadian population been polled. The margin of error for residents of Ontario is +/-3.5 per cent (N=771) and the margin of error for Ontario homeowners is +/-4.2 per cent (N=535). The margin of error will be larger for other sub-groupings of
the population. These data were statistically weighted to ensure the sample's regional and age/sex composition reflects that of the actual Canadian population according to the 2006 Census data.
 

Relief for home buyers and renovators

. . . . . .The other major pieces of tax relief are addressed at prospective and existing home buyers. The budget is raising the amount that first-time home buyers can withdraw from an RRSP to $25,000 from the previous $20,000. And first-time home buyers will also benefit from a new non-refundable tax credit of $5,000 for qualified homes that close after January 27, 2009. That $5,000 equates to $750 in tax savings, Ms. O'Hagan calculates.

Those who already homes will benefit from a temporary Home Renovation Tax Credit (HRTC), worth 15% on home renovation projects between $1,000 and $10,000. O'Hagan says this is worth up to $1,350 on a $10,000 project, which is 15% of $9,000. Note that this is a short-term stimulus that applies on work performed or goods acquired after Budget Day and before Feb. 1, 2010. It's a non-refundable tax credit, which means it can reduce taxes payable but there is no refund if your taxes are reduced below zero.

According to the radio commentary, new sod and landscaping also are covered in this HRTC!

Top Ten 2009 Gardening Trends






(ARA) – Americans craving authenticity and fretting over a bleak economy have reinvigorated the trend to grow-it-yourself (GIY). From blueberries to houseplants, GIY is the new mantra as folks turn "back to the future" to simplify their lives while gardening for the greener good.

"It’s a resurgence of gardening for the greater good -- for the earth and our wallets," says Susan McCoy, trend spotter and president of the Garden Media Group (GMG). "The most exciting movement seems to be that gardening is popular again, particularly among younger homeowners," she adds.

GMG’s gardening trends for 2009 reveal a resurgence in perennials, growing native plants, creating "blended" gardens using vegetables and herbs in flower beds, cultivating with best practices, planting to attract wildlife and going local.

"The urgent commitment to environmental sustainability and the basic desire to make our homes our havens is reflected in all gardening trends for 2009," predicts McCoy.

What’s in: Eco-boosting
What’s out: Conspicuous consumption
One simple way to be an eco-booster is to create natural habitats for wildlife with native plants that attract birds, bees and butterflies. Look for eco-friendly plants like the line of native plants from American Beauties (www.ABNativeplants.com) or the Knock Out family of roses (www.TheKnockoutRose.com), which are drought- and disease-resistant, and require little care or chemicals. Go organic with peat-free soil from The Organic Mechanics Soil Company (www.OrganicMechanicSoil.com) that supports sustainable practices and feeds plants from the soil up.

What’s in: Grow-it-Yourself (GIY)
What’s out: Having someone do it all for you
Tranquil moments may be few but the recent rise in gardening reconnects us with nature, family and friends as we share our bounty. With the increase in demand for year-round fresh fruits and vegetables, local farmers markets are seeing an upsurge in business, community gardens have waiting lists, and plant swaps are on the rise.

What’s in: Blended gardens
What’s out: Segregated gardens
Plant mint and fragrant thyme varietals in between cracks of stone pathways and grow strawberries for a delightful edible groundcover around trees. Fruit-bearing shrubs and trees provide color, privacy and fruitful bounty mingling among veggies and perennials. Garden centers are reporting an increase in demand for fruit-bearing shrubs like blueberries and raspberries as ornamentals. Briggs Nursery (www.BriggsNursery.com) is introducing the first-ever pink blueberry, "Pink Lemonade."

What’s in: Locavore
What’s out: Big carbon footprint
Buying local is all the rage. Gardeners are aware of their role as naturalists and conservationists, and are looking for native plants that thrive in their own backyards. “Native plant cultivars are selected to perform better in specific areas under local conditions,” says Steve Castorani, from American Beauties Native Plants. “When you select a plant that is native to the local area, it will thrive with little to no water, fertilizer or effort.”

What’s in: Water
What’s out: Water
For the first time, water is in and out. Whether bringing in fountains, endless waterfalls, or fish ponds, the soothing sounds of water can turn any backyard into a private oasis. Costa Farms (www.CostaFarms.com) offers plants that drink responsibly like succulents, cactus, yucca and ferns, which are easy, conserve water, and add sizzle to your landscape. The Knock Out family of roses, from bright red to sunny yellow, is drought-resistant.

"Water features such as fountains are showing up not only in the garden but on tabletops, and sometimes more than one in the garden," says Jon Carloftis, a renowned garden designer. He likes the classic and contemporary options from Campania International (www.CampaniaInternational.com) to bring the sight and sound of water into gardens without a lot of fuss or maintenance.

What’s in: Outside inside
What’s out: Outside only  
From bean sprouts on kitchen countertops to green walls laden with herbs and micro-greens, plants are decorating spaces as "art- in-motion." Tropical plants like bromeliads and orchids create instant beauty and give a boost of oxygen and clean the air.

"It’s easy to expand your home’s boundaries and add indoor charm to your patio, deck and garden using great indoor plants like ferns and palms. And ornamentals continue to be fashionistas beautifying containers, landscapes, mixed or mass planted," McCoy adds.

What’s in: Info lust
What’s out: Lack of knowledge
Lack of time and knowledge have been primary reasons people hesitate to garden. Not anymore. Novices and experienced gardeners hungry for inspiration, information, and instruction are packing master garden classes for instruction and gardening "how-to" tips. Gardeners are gobbling up information from friends, classes and workshops, local garden media, magazines, and the Internet and sharing their success stories with bloggers and friends

What’s in: Quick and simple
What’s out: Over-the-top and complicated
As time-starved consumers try to juggle busy schedules most seek quick and simple solutions to meet their gardening needs. Containers are no longer a trend but a garden staple in large and small spaces.

Select natural materials like cast stone and terra cotta containers and accessories that are perfect eco-friendly accents. "Big and bold is ‘in’ and square is the new round," says Peter Cilio, creative director for Campania International.

What’s in: Global colors
What’s out: Safe colors
The 2009 color forecasters predict a funky mix of colors that reflect a jambalaya of world cultures. Today’s main color influencers are our global connectivity, cultural unity, and environmental responsibility.

"Colors are bold, crazy, exaggerated, and in-your-face, almost like pop-art, and reflect a playful spirit in the face of world events," says Donna Dorian, former style editor of Garden Design Magazine.

Be uber-trendy with anything red this spring from the Carefree Spirit shrub rose and true red rhododendron "Trocadero" to tropical red Sun Parasol Crimson mandevilla.

What’s in: Worldly
What’s out: Cookie-cutter
Americans have embraced the world bazaar of vibrant colors, textures, sights and sounds. Asian, African, Indian, and Mid-Eastern influences are showing up in patterns, textures and colors.

"As we travel more, we tend to bring more of our memories home -- creating escapist retreats," says John Kinsella, brand director for terrain (www.terrainathome.com).  

For a complete look at the GMG 2009 Garden Trends, visit www.GardenMediaGroup.com or subscribe to www.GardenPlot.Blogspot.com.

Courtesy of ARAcontent

Decorating Trends for 2009: Economy, Nature and Fashion Influences


(ARA) - What’s in store for home decorating in 2009? No matter what your taste, you’ll find a hue in the 2009 forecast of popular paint colors to suit your style. Since the average consumer spends two to three months planning a painting project, now is the ideal time to review your options, see what’s predicted to be popular and choose that perfect color.

Color Influencers
Looking to 2009, color experts are seeing three top drivers of color trends -- the economy, nature and fashion.

“It’s not surprising that the primary driver of our 2009 color forecast is the economy,” says Donna Schroeder, Dutch Boy color marketing and design manager. "During an economic slowdown, consumers traditionally become more conservative when decorating, oftentimes shifting to neutral colors when painting. However, even with the slower economy, we still expect to see the use of brighter paint colors as accents to the always-popular neutrals."

In addition to the economy’s influence on consumer color choices, the mainstreaming of the green movement is creating a renewed consciousness and sensitivity to the environment. The focus on bringing the outdoors into the home has once again made its way into the color forecast. The desire to incorporate basic elements of nature into interior design is still very prevalent.

In contrast to the two more serious drivers, the economy and nature, consumers still want to have fun when decorating their homes. So, many of the bolder and brighter clothing and fashion accessory colors seen on the fashion runways and in retail outlets are also reflected in the forecast.

2009 Color Forecast
All of the colors in this year’s forecast can be found within Dutch Boy’s Color Simplicity System. The five color themes for 2009 are:

Handmade
Look to this color palette to bring a personal homemade sensibility to your decor. Simple patterns and authentic colors are reflected in the desire to simplify, conserve and repurpose.  Colors in this palette include: Dried Stem, Beloved, Sidewalk Square, Mandarin Cove, Tulip Stem, Creamy Camel, Bull Frog and Espresso Latte.

Honest
Clean, natural colors capture the essence of ecology and preservation while the honest simplicity and sustainable sensitivity complement today’s contemporary styles. Colors reflect a raw, pure and organic feel.  Colors in the Honest palette include: Remember the Alamo, Western Cactus, Berber Carpet, Northern Climb, Not So Neutral, Sea Monster, Route 66 and Twisted Knot.

Dream
Conjuring up images of mystery and fantasy, the soft, floral-inspired colors found in this palette give an enchanting aura to any home. Feelings of whimsy and magic abound in these colors. Colors in the Dream palette include: Amethyst Gem, Purple Ash, Clover Bed, Concrete Thought, Beautiful, Flip-Flop, Pink Satin and Forest Hill.

Ancestry
Connecting with roots and heritage, the Ancestry trend palette lets you embrace your culture with a variety of warm colors that are anchored to a vibrant, global community. Colors in the Ancestry palette include: Infinity Pool, Young Sprout, Fresh Linen, Bronze Beauty, Mount Royale, Classic Red, Carmel and Distinguished Navy.

Construct
Bold and simple, linear and structured, these colors enhance a home’s architectural features and add a sense of Euro-modern geometry and order to any room. Colors in the Construct palette include: Dried Thyme, Sullen Mist, Rocket Red, Founding Father, Guess Hue, Laguna Blue, Pumpkin Stem and Empire State.

For more information about how to choose the perfect color, please visit www.dutchboy.com, or call (800) 828-5669.

Courtesy of ARAcontent