Tuesday, April 14, 2009

Ontario Mortgage & Real Estate News Headlines

Local real estate market shows signs of recovery
“Despite the economic downturn it appears that a number of buyers and sellers are taking advantage of the increased affordability the current market has to offer” said Jim Kovacs, president of the Chatham-Kent Real Estate Board. -
Chatham Daily News

It's a buyer's market
According to the Sudbury Real Estate Board, a total of 350 homes changed hands locally through the Multiple Listings System in the first three months of 2009 -
The Sudbury Star

Mortgage rates unlikely to fall further: Brookfield
Mortgage rates in Canada, which have plunged by almost 50% in the last year, aren't likely to fall further, said Phil Soper, chief executive of Brookfield Real Estate Services Fund. -
Financial Post

No comments: