About Me

My photo
GTA, Ontario, Canada
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, November 20, 2015

The area with zero per cent vacancy rate, soaring house prices

The Mayor of Canmore says that his town has a housing shortage with no rental vacancies and soaring house prices. John Borrowman told CBC that the town, on the edge of Banff National Park, is in crisis. He says that people are being forced to leave town for affordable housing. Prices have reached an average of $998,000 and the rental market has been at a zero per cent vacancy rate for a year. The issue has been approaching for some time and the town acquired land to build new homes but it was badly hit by floods in 2013. Mayor Borrowman said that if they could swap it with some alternative provincial land it would be a big help.

MBN

We hope you are finding our Blog informative and enjoyable to read while keeping you up to date with the ever changing real estate market.

Please feel free to contact me via Direct/Text or e-mail at any time and my team will be pleased to assist you, family members and friends with all your real estate needs. Referrals are always welcome!

No comments:

Post a Comment