Each month I post an update on the real estate market for the Quinte Region of Ontario, Canada at this address:
http://yourhomeinquinte.com/real_estate_news.htm
The good news this month is that there is strong evidence that market recovery is underway. After a series of month to month increases from January to April, and slight declines in May and June, July has proven to be one of the best months on record, with average residential prices back to within 1.6% of where they were at this time last year, and the combined dollar volume for all categories of sales coming in at a 32.4% increase over that of July 2008!
With low mortgage rates, and properties on the market that are still great values, it really is a good time to invest in real estate.
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