Well we have ended the official summer with kids going back to school here in Prince George this coming Wednesday. The summer has been very steady much to my surprise. Lots of sales during the June to Aug period which leads me to think we will have a very strong normal market. Normal market meaning the majority of the sale should be home buyers either moving up or down or first time buyers entering the market without the heavy influence of 'Home flippers' or 'Investors' at this time.
There is lots of news that the interest rates should stay flat for at least 12+ months so that will help the home buyer in a big way.
As for the HST coming next year it will not effect used homes sales but it won't be nice for new home construction. I guess we will have to wait and see...
Labels: Dean Birks. Prince George Real Estate, HST, Interest rates stay flat, Sales in fall