Mike Smith, REALTOR®

The Canada Mortgage and Housing Corporation just released their latest stats a few hours ago. Hot off the press, so to speak, please click on the thumbnail to the left to read the full article.

In Brief the numbers will be down slightly for 2009 but forecast to improve in 2010. This is not surprising if you remember last January and February as the market was almost at a standstill. Actually, if you had asked anyone at that time they never would have guessed the year would have ended so strong.

Are you in the Market to buy or sell a condo or home. Please give me a call.

King's Wharf just had their grand opening for their model suite! This is a very exciting project especially for me as I live just a few minutes walk away. It will also have a huge positive impact for Dartmouth. (Finally, we are going to get some good coffee shops). Please click on the thumbnail above to visit their site. I was able to get in yesterday to get a sneak peak. Here is a short video of the King's Wharf Model Suite posted here with permission:

I would be happy to introduce you to the King's Wharf Condos and show you around Dartmouth. Whether you are looking for a Condo to move into, or if you are looking to purchase a few units as an investment, Nova Scotia has never seen such a Real Estate Project!

The supply of new listing across Canada is going down. Please click on the thumbnail above to read the full article from the Financial Post. All in all we can not complain about the Real Estate market in Nova Scotia.... It's a good time to get out there and buy a house if you have been on the fence according to this article. 95% of the Real Estate news coming out for Nova Scotia and Canada at large has been very positive for the last several months.

If you look at all my recent posts you will see that all show how well the market in Nova Scotia and Canada is doing. However, is it really? Please click on this article (below) from the Globe and Mail to read the full story.

For example:

"Across Canada, inventories of newly built houses that are completed but not yet sold is about two and a half months, as measured by how long it would take to sell inventories, according to Altus Group research.

That's much higher than a year ago, when it was just one month."

Nova Scotia Real Estate

Here is another article hinting that the Real Estate Market in Canada, and most of the world, is starting to look better. However I believe that we have to keep in mind the unemployment situation in American is still getting worse and if this continues, as some say it will, there will be an adverse effect on the Real Estate markets in general. Click on the thumbnail above to read the full article from the Glove Investor.