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According to this recent Canadian Press article in the Waterloo Region Record, we should expect house prices to continue rising this spring.

March 15, 2010 - BY SUNNY FREEMAN - TORONTO - Home prices will continue to rise this spring as buyers scramble to close deals ahead of expected higher interest rates, new mortgage rules and new taxes in two key markets.

A report by RBC Economics issued Monday found that the cost of owning a home in Canada increased slightly across all housing segments in the closing months of 2009.

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Recently Coldwell Banker Peter Benninger Realty held our annual Economic Update in the Coldwell Banker theatre at 508 Riverbend Drive. During the two sessions held on February 4  Paul Ferley, the assistant chief economist of RBC Royal Bank, gave the audience his overview of the economic outlook for 2010.

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This is an annual event at Coldwell Banker Peter Benninger Realty. Send us your email address and we will be sure to send you an invitation for the 2011 Economic update!

Hear RBC Assistant Chief Economist Paul Ferley speak about the economic outlook for the Us, Canada and Waterloo Region for 2010.

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Here is an interesting article from the MSN.money website. It discusses the authors' ideas about why the Canadian housing market is healthy and how our market compares to the housing market in the U.S.A.

Why is the Canadian Housing Market so Healthy?

By Peter Diekmeyer, Bankrate.com, December 3, 2009

As housing prices continue to rise, Canadians will need to stay grounded to maintain growth.

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We have two big events coming up in 2010...
and you are invited!

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