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A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Friday, October 2, 2015

Canada has fourth fastest-rising house prices in the world

Low interest rates are a large factor in rising house prices as buyers take the opportunity to buy now buy big. The heat in the market has put Canada in the top four countries in the developed world for fast-rising home prices according to a new report from Scotiabank. Canada, with an 8.2 per cent increase year-over-year to the second quarter of 2015, sits behind Ireland (13.3 per cent), Sweden (10.5 per cent) and Australia (8.3 per cent). Canada’s price growth compares to the 5.4 per cent rise for the US.

The mortgage lender’s report says that “Canadian home sales and pricing are proving resilient in the face of a more challenging economic environment, buoyed by ultra-low borrowing costs and favourable homebuying demographics.” It also notes that foreign demand for property will continue to be strong, especially for high-end luxury homes, and that Canada will be one of the main targets due to exchange rate advantages.

MBN

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