Helena Bowen, Island Homes Realty
February 2010 Real Estate Sales Strong

Market Watch - February 2010 Real Estate Sales start off Strong

The  Canadian Housing Market has rebounded well from the low sales experienced at the beginning of  2009. Sales have climbed back to healthy levels across the country because the cost of home ownership has remained affordable in  most areas, and interest rates  have not increased.

Increasingly confident consumers moved to take advantage of the afforability created by lower interest rates. 

While low mortgage interest rate continue to entic many home buyers through the spring market, consumer demand is expected to moderate from its frentic year-end pace.