It has taken awhile but in the Halton region the high end home market has finally bounced back!! Oakville's large estate homes and proximity to the lake have always been popular with Bay Street bankers and financial services executives however the market took a beating last year with the propostion of a power plant locating in the area. Once the plans for the power plant was cancelled, the market picked up right where it left off!
With serious equity gains, stock market recovery and improved economic performance lagging behind the luxury home market, where do people put their money? It might be time to give real estate a very seroius look.
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