(Source: The Financial Post)
Business is booming in the Canadian resale housing market and will continue to do so, according to a report released Friday that shows November sales back above 2008 numbers in all 28 markets surveyed.
The Conference Board of Canada report also showed higher year-over-year prices in 24 of those markets.
While the Canadian real estate market didn’t suffer the same kind of collapse seen in the United States, it did see a correction due to the economic downturn.
Read the full article, “Home sales rebound above 2008 levels: study” in the Financial Post (Dec 18, 2009).