THE DIFFERENCE IN THE CANADIAN AND U.S. HOUSING MARKETS.
By Anna Mae McPhail
Ann Bosley - President of the Canadian Real Estate Association Toronto said...
Canadians have paniced thinking that the subprime crisis in the U.S. will spread to them. 2008 will be another great year for Canadian Realtors. We have the water, the energy, the oil, the land and most importantly the confidence of the Canadian consumer.
According to the Canadian Bankers Association less than a quarter of a per cent of Canadian mortgages were in arrears a record low.
Other knowledgeable real estate professionals have said ...our view is that the Canadian and Amercian real estate markets have taken different paths and will continue to do so in 2008. Canadian markets are calling for an overall healthy environment.
What happens when you buy property. It increases in value and it remains that the wealthiest Canadians own property. Its time to buy real estate. Cha-Ching.
Call a MLS Realtor. McPhail Realty Services Ltd. Brokerage, Anna Mae McPhail, Broker of Record has been selling real estate in Ontario since 1976.
Brokers and sales professionals operating successful businesses as well as consumers are all watching their local markets and economics. Understanding how these markets react to change will stand them in good stead.
Subscribe to this Site
Comments for "THE DIFFERENCE IN THE CANADI...
December, 2007