Market Statistics October 18, 2011

With all the negativity in the news surrounding volatile equities markets, it is a prime time to invest in property in the scenic Haliburton Highlands. We are experiencing a buyer’s market here and we have a wonderful community where you can not only make a great investment but it will also provide you access to all the great opportunities for enjoyment that our county offers.

Looking at the year statistics, up to October 15, 2011 there has been a 2.6% increase in the number of sales in Haliburton County for residential (non waterfront) houses, compared to the same period last year. However, prices have dropped 13%.

Recreational (waterfront) sales are down 17% and the average price is down 5% over last year. When looking at vacant waterfront, sales are down 8% and price is down 21% year to year.

With still record low interest rates, there still is a lot of time left this year to purchase a prime Haliburton property.

Andrew Hodgson

Andrew Hodgson

CENTURY 21 Granite Realty Group Ltd., Brokerage*
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