Friday, July 13, 2007
Real Estate Prices In Canada Are Up, Again
Home prices in Canada are up, again. Huge price jumps occurred in Alberta and Saskatchewan, near 30 percent in both cases. Ontario and Quebec took a bit of a hit on the housing front due to the rising Canadian dollar. All in all Canadian real estate is healthy and growing. Full Yahoo! News article.
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While it is true that the Toronto area real estate Markets have slowed as a result of higher mortgage rates and other economic factors, when compared to 3-4 years ago or the Alberta markets. However, there have been very strong sales volumes still and prices have continued to rise and there seems to be no shortage of home buyers currently looking.
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