604-224-5277 Toll Free: 1-855-760-6886

“We believe that all success starts and ends with a satisfied client.
And we deliver on that belief every day.”

Contact Us...

  • Ask Us a Question
  • Schedule a Buyer’s Meeting
  • Determine Your Home’s Value
  • Schedule a Seller’s Meeting

Or call:
604-224-5277
Toll Free: 1-855-760-6886

Your Favourites

Canadian housing market grows despite global troubles

The global real estate market looks dim in the face of the recent stock market volatility and doubts over economic recovery; residential real estate buyers are refraining from purchasing homes, and instead are trying to save money or repay debt. Economists expect this to continue until people start to see signs of economic recovery.

On the other hand, the Canadian housing market has seen an average of 5% price growth in the April-to-June period, and is one of the few developed countries that saw year-to-year price growth. Economists believe that the ultra-low interest rate is one of the reasons for the housing affordability in Canada, but they also believe that with the economic uncertainty heightening, increase in both sales and prices will slowdown heading towards year end.

 

For the full article, please click on the link below:

The Vancouver Sun – Sept 29th, 2011

 

Our Real Estate Affiliates

Copyright © 2019 Faith Wilson Realty Group Inc.