As a Brantford/Brant County Real Estate Agent it always makes me feel good when I see that the Canadian market is doing well. Although in the first quarter of 2012 the Canadian real estate market has dropped 2%, it has been shown that even with the drop, the Canadian market is generally stronger than the rest of the developed world. It is reported that the market will turn around with a 3.1% increase this quarter.
Throughout the developed countries of the world, based on reports there are only two that are doing better than Canada. France was up by .3% and Switzerland was the only country that did not fall short this past quarter.
The average home price has also risen by .9%. One contribution to the steady growth is from the low interest rates that some economists think may lead to the market being overvalued, but others say will help the growth of the market and will keep it up for the next couple years.
Recently the federal Finance Ministry Jim Flaherty made a statement saying that the moderate borrowing could lead to household debt, which will be their biggest fight in the upcoming quarters. A fight they are willing to battle against, hopefully keeping the Brantford/Brant County Real Estate market on a steady incline.
It is great for me to hear as a Brantford/Brant County Real Estate Agent that the market will continue to rise. If there are any questions or are interested in buying Brantford/Brant County Real Estate feel free to contact me. I am looking forward to hearing from you!
Wally Dufrat | Sales Representative
RE/MAX Twin City Realty, Inc. Brokerage
RE/MAX Twin City Realty, Inc. Brokerage
Over 525 Closings!
515 Park Road North | Brantford, ON N3R 7K8 Direct: (519) 752-5400 & (877) 759-5900 | Cell: (519) 761-7400 | Fax: 519-752-3400
Before You Buy or Sell Your Next Home, Visit My Websites at:
www.BrantfordHomeInfo.com or www.FreeBrantfordHomeInfo.com for FREE Information!
515 Park Road North | Brantford, ON N3R 7K8 Direct: (519) 752-5400 & (877) 759-5900 | Cell: (519) 761-7400 | Fax: 519-752-3400
Before You Buy or Sell Your Next Home, Visit My Websites at:
www.BrantfordHomeInfo.com or www.FreeBrantfordHomeInfo.com for FREE Information!
I think real estate is the best market in any country but canada has many states where best properties available and people like to invest money at there.
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Canadian real estate is very popular because there are many types of property which can be attract to the people. People like to buy property for investment purpose.
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You should have observed one significant factor in property, even though there are some ups and downs; the property is always increasing.
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That's good news for real estate market here in Canada. Maybe next time, Canada will perform more.
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