The C.M.H.C. Press Release for the month of September just came out…seems new housing starts in the Niagara Region are down over September of 2008 by 32% and St. Catharines is down 38%. Not great news but remember that the interest rates are still very low and many great buying opportunities before the end of the year. We expect the real estate spring market (which is from February to May) to be very active and, in some cases, multiple offer situations for sellers on well priced homes.
Any questions on this or anything else relating to real estate market. Don’t hesitate to call or e-mail me.
The Salisbury Team
Royal LePage Niagara Real Estate Centre Inc., Brokerage
Toll Free – 1-800-467-8498
Office – 905-937-6000
View My Website and my Blog at www.timothysalisbury.com
P.S. The best compliment we can ever receive, is when you tell others about us.