In the final quarter of 2009, Real Estate Agencies reports have found a noticeable movement towards recovery which can be seen from lower interest rates, increasing demand, as well as an improvement in affordability. Percentage increases can been noted from the beginning of January leading up into this past August, most significant of which being Vancouver which experienced an increase of 14%. Victoria up by 7.4%, Edmonton up by 6.2%, Regina up by 5%, Ottawa up by 2.4% and Toronto following with an increase of 1.8%.

The market is beginning to sizzle around the country as customers are taking advantage of the affordable pricing and low interest rates. Missed opportunities for such conditions in the future prove to be costly as well. With the worst of the recession over, prices are beginning to rise and inventory is becoming more tight so the conditions for home ownership we see today should continue to follow through until early 2010. Real estate is becoming viewed more and more by the public eye as an overall stable investment. Markets such as London, Ottawa and Winnipeg have demonstrated stead returns with minimal fluctuation in a survey conducted to illustrate where the public leans towards investment opportunity 77% of 1,000 respondents nationwide have reported that they felt more comfortable investing in real estate as opposed to the stock market. The market is on the rise, lets hope to reap the benefits.

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