Several reports released over the last few week are pointing to busy Real Estate Market during Spring 2012. RE/Max CREA and other National organizations are expecting the Markets across the country to be busy with buyers.
The low mortgage rates, high consumer confidence and a strengthening economy are all components to a busy buyers market this Spring. Accross Canada 14 of 15 markets have posted positive gains in Real Estate Values. Even Vancouver posted 0.1% increase in value.
Despite strong sales expected in 2012, price gains are likely to be much more moderate in compared to years past. Expect to see slight price increases in highly dense areas, price decreases in high end homes and an level market for entry level homes.
For more assistance and spefic information on your desired neighbourhood Contact The Aziz Group for assistance.