British Columbia, the United States, Europe and the Okanagan Shuswap Real Estate market is looking pretty good...

Real Estate sales in British Columbia are forecast by the BC Real Estate Association to increase 4.8% in 2014. They also forcast that the sales in BC will increase a further 8% in 2015. We must remember that an increase in sales does not mean an increase in prices. Just to put things into prospective these stats are still 20-25% below the record sales we had in 2005 and 2006. The United States and Europe are recovering as wel. The S&P/Case-Shiller seasonally-adjusted national home price index skyrocketed by 13.88% in  the US in 2013. The biggest year-on-year increase since March 2006. The GDP of the European Union is expected to rise 1.5% in 2014 and 2.0% in 2015. What does all this add up to? There is a lot of positive pressure in the world,  in America, in Canada and in our little Okanagan Shuswap housing market.  "It is a great time to buy."  Give me a call and we can go over a plan for your next property. I am never too busy for your referrals.

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