December 2009 - Posts
I was recently asked by some Buyer clients of mine, for my opinion on “investing” in a house versus continuing to rent and investing in other alternatives, primarily stocks and fixed income products. I thought I would share my views on the
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By now I suspect most of you would have read the headline article in todays (Dec 22/09) Globe & Mail ROB entitled "Cure for the hot housing market carries risk". From my perspective, there are two important observations made in the article.
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According to the Oakville Milton and District Real Estate Board (OMDREB) the Dollar volume of home sales in Oakville for Nov 30/09 was $154.7 million representing a total of 259 sales. The Average Price achieved was $594K and the Median Price was $450K.
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