Housing Market

Media publishes forcasts that Canadian property prices will fall or flatten over the next years. Well, nobody knows the future. Generally speaking: everything which goes up must come down. Property prices you read speak of ENTIRE Canada. There are areas where property prices did go down in the last years, mainly in areas which were 'hit' by the recession more then others. Chances are that prices, which steadily slowly went up are less likely to fall drastically. And after all: you only loose if you sell in a down time. paying rent will NOT gain you anything, so over years, home ownership will pay off for sure in the Kitchener-Waterloo Area

Marcus Kallweit

Marcus Kallweit

Affiliated Real Estate Agent
CENTURY 21 Home Realty Inc., Brokerage*
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