Okay, yes it's been a while...what can I say...I've been busy...have you looked at the market lately?
This just out from RE/MAX:
Dramatic Rebound Characterizes Canada's Luxury Home Segment in 2010
69% of markets report best first quarter ever
Mississsauga, ON April 26, 2010
Luxery home sales soared in the first quarter of 2010 as affluent purchasers moved to take advantage of favourable market conditions across the country, according to a report released today by RE/MAX.
The RE/MAX Upper End 2010 Report, highlighting sales and trends in 13 major Canadian centres and five sub-markets, found that improved economic performance, increased personal wealth, immigration and foreign investment all contributed to a serious upswing in sales. Virtually all areas experienced double and triple digit increases between january and March of this year over 2009 figures for the same period. 9 out of 13 markets examined (69 percent) shattered existing records- setting new all time highs for first quarter activity in the upper end.
"Real estate continues to resonate with purchasers at every price point" says Michael Polzler, Executive Vice President, RE/MAX Ontario-Atlantic Canada. "With the top end of the market shifting into high gear, every segment of the residential real estate sector is now operating in tandem. Depsite the upward momentum, there are still deals to be had - especially at the higher price points- a fact that is motivating buyers to act,"
You can find great local Toronto, Ontario real estate information on Localism.com Frank Bott is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.
Monday, April 26, 2010
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