Susan Cameron
Coldwell Banker Premier Realty
6272 East Boulevard, Vancouver, British Columbia
P: 604-266-1364  F: 604-266-2466
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Monday, February 28, 2011 - Canada's housing market not likely to see double-digit gains: Coldwell Banker chief

VANCOUVER SUN - The Canadian housing market remains strong, but the days of double-digit gains in real estate are largely over, according to the president of Coldwell Banker Canada.

And that’s all the more reason to view your home purchase primarily as a lifestyle decision rather than an investment in the hopes of a “quick return,” John Geha said.

“The double-digit appreciation days are gone, but we’re still seeing solid growth in real estate values,” Geha said in a phone interview from Kelowna. “It’s a healthy market.”

 

Read more: http://www.vancouversun.com/business/Canada+housing+market+likely+double+digit+gains+Coldwell+Banker+chief/4302954/story.html#ixzz1FHsBlBtz
 

posted in General at Mon, 28 Feb 2011 12:27:38 -0800



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