Wednesday, October 17, 2007

Local Housing Prices

From the CBC:
St. John's is expected to see house price growth of 12 per cent next year, followed by Regina and Kelowna, B.C., acccording to Re/Max.

Basically, the housing market out here is driven by oil development. When the Hebron deal fell through back in April 2006, house prices did the same within a week. Now that Hebron's back, so are home values.

No comments: