Trail Daily Times, March 17, 2016

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MARCH 17, 2016 Vol. 121, $ 05 Issue 43

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B.C. real estate surge not impacting Trail market

IRISH EYES ARE SMILING TODAY

VALERIE ROSSI Trail Times

Sheri Regnier photo

”Top o’ the morning’ to ya” was the greeting of the day as the women’s group at Trail United Church hosted its St. Patrick’s Day Coffee Party. Plates of sweets and goodies were served with a smile alongside tea and coffee poured in the finest china. (From left) Libby Greenwood, Gerie Timbrell, and Janet Cameron made sure the roomful of guests had full cups and plenty of treats trimmed with green.

Meeting scheduled for water concerns in Oasis VALERIE ROSSI Trail Times

Linda Worley may not have any authority over roads in the community of Oasis, but the Area B director is not letting that stop her fight. The sloughing shoulder along Hillcrest Drive, saturated properties on and around

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Hanna Drive and a culvert on Oasis Crescent will be the focus of an upcoming community meeting. Oasis residents can expect a mailed invitation to the informative gathering scheduled for 6:30 p.m. March 29 at the community hall. “This is an information meeting that will hopefully bring some answers or, at least, clear the air on some of the drainage

issues that have been spoken about that possibly weren’t explained first-hand,” she said. Hillcrest Drive has been an uphill battle for Worley, who has tried for years to get the attention of the province and her effort to alert the ministry has resulted in repairs that have only provided a temporary fix. CONTINUED ON A2

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While February goes down as a record-shattering month for home sales in B.C., the results aren’t reflective of this corner of the province, a local realtor advises. The B.C. Real Estate Association noted a 44.7 per cent hike in home sales last month, in comparison to the same time last year. The association counts 9,637 residential units changed hands across the province in “It’s not February, beating out the 1992 monthly sales super highly record by 1,480. productive, but In a related report, the Canadian Real there are people around shopEstate Association is noting the same trend ping for homes .” in the Kootenay region, RON ALLIBONE which came well above MLS levels recorded a year ago in the month of February. Home sales in the Kootenays climbed 28.1 per cent (173 units sold) from last year while all property types increased by 25.7 per cent. An average home in the Kootenays is $252,360, according to the association. “But that is an average for the entire geographic area of the Kootenay Real Estate Board – which includes East and West Kootenay and the Boundary area. It may not reflect the reality of a specific area,” explained Marianne Bond, Executive Director of the Kootenay Real Estate Board. “There are significant variations within each community in the Kootenay area. It is important to call your realtor to get data specific to the area you are interested in.” Fair Reality’s Ron Allibone said market trends in other areas of the region or province are not always felt locally. The Kootenay Real Estate Board counts 10 homes sold in Trail in February this year, which is in line with what was sold the same time last year. Figures for surrounding areas looked much the same. “The market is not super highly productive, but there are people around shopping for homes,” admits Allibone. “It’s just that we’re not growing, and that’s the key to a healthy economy is growth, and we’re not doing that because we don’t have any new CONTINUED ON A2

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