Housing performance expected to accelerate in 2010,as economic stability returns to Canadian markets, says RE/MAX Fifteen markets to set new records for average price in 2009 In the midst of one of the most tumultuous economic periods in recent history, residential real estate has proven to be a safe harbour, with sales and average price expected to post gains in …
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Surge in Residential Home Sales
Mississauga, ON. (July 13, 2009) – Pent-up demand for residential housing has bolstered sales in Canada’s major markets-a clear signal that the housing sector has shifted into recovery mode, says RE/MAX. More balanced market conditions have emerged, effectively ending the stronghold that buyers had on the market over the past six to eight months. Canada’s largest markets, Toronto and Vancouver, …
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