Luxury housing sales edge higher

Luxury housing sales edge higher

A recent news release from Remax indicates more good news for real estate in Ontario. Upper end housing is starting to move again. But what does this mean to you if you don’t own a high end home? Traditionally high end homes are the last to start selling after a recession, so if they are starting to move, it is a sign of good things for the whole market.

First time buyer type homes have been selling very well for quite a while, in fact first time buyers have been driving the market for the past year. Now with higher end resale homes selling, it appears the whole market is recovering very nicely.

Read the report here.



Jamie Woodend
Sales Representative
Remax a-b Realty Ltd Brokerage
88 Wellington Street
Stratford, Ontario, N5A 2L2
519-273-2821 ext 229 Office
519-949-0345 Cell