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February 5th, 2010

Real Estate Market Surging, says Globe & Mail

Posted by Joan McGuigan

The Globe & Mail provides some hopeful news for Canada’s real estate market in a recent Report on Business:

Real estate market surging
Early signs indicate that Canada’s hot real estate market surged again in January. Among the cities to report data, sales rose an average of more than 60 per cent, and prices more than 14 per cent, from a year earlier in Toronto, Calgary, Edmonton and Ottawa, BMO Nesbitt Burns said. In Toronto, sales jumped 87 per cent and prices 19 per cent. Earlier this week, the Real Estate Board of Greater Vancouver reported that, excluding apartment properties, sales rose 141 per cent in January from a year earlier, and prices 19.5 per cent.

Take advantage of the rising market now! Call McGuigan Pepin today to find your dream home.

Source: http://www.theglobeandmail.com/report-on-business/article1456570.ece

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1 Response to “Real Estate Market Surging, says Globe & Mail”

  1. Mike Karikas says:

    This is an unrelated comment but I watched opening Olympic ceremonies from Vancouver today. Breathtaking, it’s a great time to be Canadian and proud =).

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