CANADIAN HOME SALES STRONG

 

Here’s news of special interest to empty-nesters considering whether to sell their homes.

The latest real estate outlook from ReMax says Canadian home sales increased or held steady in much of the country this year despite tighter financing and economic uncertainty.

The outlook also says that 81 per cent of markets will see average increases this year with Regina posting the strongest growth at eight per cent.

Hamilton and Burlington and the GTA, along with Fredericton and Saskatoon are expected to be close behind.

Remax says the trend is expected to continue with home-buying activity propped-up by low interest rates and an improved economic picture in 2013.

 

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