Hot or Not?

By goninblog • January 25th, 2012

Is Canada real estate over-valued? Senior market analyst Jason Mercer says no. Because parts of Canada have such wildly varying markets, it is not accurate to assume that all areas will be affected the same if there was to be a down turn in the reak estate market.

“Real estate volatility in Vancouver, for example, where there’s a lot of discussion about whether investors drive the market, is considerably different than in Calgary, where the economy is centred on oil and gas, or Toronto, which runs on a diverse number of industries. “ Robyn Doolittle Urban Affairs Reporter

To read the whole article click HERE.

For any questions you may have about the Suburban Toronto real estate markets in  Oakville, Milton and Burlington or for information about buying or selling homes in Oakville, Milton or Burlington Ontario, contact Team Gonin today

Contributed by

Team Gonin
RE/MAX Aboutowne Realty Corp., Brokerage
67 Lakeshore Road West, Oakville, ON L6K1C9
Call (905) 338-9000 | Fax (905) 338-3411
 

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