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Expect a Fairly Stable Real Estate Market in 2012, say Pundits

Real estate in Canada will vary as the housing market in 2012 is expected to have bursts of growth in some regions with a cooling trend in others. The resilience of our market against the uncertainty of the global economy has definitely benefited the Canadian economic growth. Toronto is expected to cool off, while Vancouver is expected to maintain the higher housing prices due to the Asian investors and Saskatchewan is where one will find the best deals. Any region where job growth is prominent, a strong market will result, and according to CREA, the national housing market is leaning towards a seller’s market.

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Property Wire – December 19, 2011

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