News: House prices holding up better than expected: Royal LePage

10:18 am News

One of the common issues that people in Calgary who are looking to refinance is the current market value of their property – the tax assessment says one thing but the market says another. People are frustrated and are wondering where the bottom of the market is.

Well Royal LePage seems to believe that prices are holding up better than expected.

http://www.cbc.ca/canada/calgary/story/2009/04/08/lepage-housing.html

I find the graph at the bottom of the page very interesting – namely that prices in St Johns Newfoundland have increased in the last 12 months Wow!

Cheers!

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