The Future of Canadian Property Market
Numbers clearly suggest that in 2015 was an extremely successful one for Canadian real estate market. Sales climbed up over 520 000 systems, up 7.6 percent from 2006 levels. This was the biggest growth because 2002. Purchases through the MLS systems have reached more than 500,000 devices sold. The ordinary real estate price was up by 14.1% to $317,825 in December 2007 when contrasted to December 2006 Michelle safi kidnapping However, year 2008 opened a variety of questions. It had not been just the United States property market bubble, but also oil as well as food cost problems that made lots of people believe economic crisis is knocking at the back entrance once more. Canadian economic situation has reduced a bit at the end of 2007 and GDP growth for Q1 2008 was unfavorable: -0.1 per cent. Reasons? Export level is to blame, for one. As a result of troubles in Canada's most significant companion, U.S.A. as well as weak United States dollar, exports went down. Incre