Remax Condo Plus
Limited supply…increased demand…
As we enter the busy spring season, it’s helpful to take a look at the economics of the Lake Shore real estate market.
Demand keeps increasing while supply of new housing continues to be limited. The only area of significant growth is the high rise condo market.
With the sinking Canadian dollar, our real estate market is even more attractive to foreign buyers. Add a population growth of 100,000 people per year in Canada and this translates into 37,000 new units to merely balance the market!
Interest rates continue to remain low with a forecast of 1/4% hike in 2016. It’s definitely attractive for buyers who want to pay less interest and perfect for those looking to sell in a market with limited supply.
Contact any of us today and we’ll help you sell or find your dream home!
• BUY. SELL. RENTALS • COMMERCIAL/RESIDENTIAL
• WE WELCOME 1ST TIME BUYERS WITH A SMILE!
2121 Lake Shore Blvd West
(On Brooker’s Lane, across Rabba)
Get in touch with your representative by selecting them from the list below.