10.10.2008 - Canada wide real estate outlook
From Propertiesinvictoria.com: It is interesting to have a look at the Real Estate market across Canada and compare it what is happening here in Victoria. The Victoria real estate market is holding it’s own and we think that many people will turn back and invest in real estate again. As we discussed before in our blogs, real estate is a long term investment, forget about flipping properties. If you do, you will eventually get caught. Flipping properties is almost as stressful as moving. Read more about moving in our 6 part series Moving Advice. Back to the Canadian real estate market then; The number of properties listed via the MLS systems of real estate boards in Canada retreated in August 2008 from record levels in the previous four months, according to statistics released today by The Canadian Real Estate Association (CREA)..... Full Article: Source
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