Friday, July 10, 2015

The rise and fall of house prices.




Will house prices rise, stabilize or fall?   The results are in from a Bloomberg and Nanos weekly poll with Canadians and here's the overall reaction to that question. 

The thought of prices increasing is showing a growth in support.  Those who expect prices to stay the same is the strongest with 44.33 percent, but now 37.97 percent of respondents to the weekly poll think prices will rise.  That is up from 36.97 percent just a week earlier.  If you are a buyer hoping prices will fall, only 14.22 per cent of those surveyed think that will happen for you in the next six months.

If you or someone you know is thinking of buying or selling now or in the future, I would love to sit down and discuss the local market and answer any questions. Contact me here.

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