Office 604-885-4313 | EMAIL remaxoceanview@dccnet.com |  

April 9, 2013

There is encouraging news out of the U.S. Real estate sales are up across the country and are at their highest levels since 2007. Analysts attribute this to a strengthening economy, historically low interest rates and attractive prices. There are also fewer foreclosures, which lessens the supply and reduces the number of pressure sales. Many areas have actually seen price increases. Canadians familiar with the ups and downs of real estate markets may recall that, historically, Canada often follows trends set in the US. There is no doubt that a rebounding real estate market in the US will help us.

Comments:
No comments

Post Your Comment:

The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.