November 3rd - 2011

MARKET WATCH: Canadian real estate outperforms in developed world

Canada’s housing market stands out among developed world nations for its resilience and longevity, according to a recent report by Scotia Economics.

Canada’s housing market stands out among developed world nations for its resilience and longevity, according to a recent report by Scotia Economics. Although economic slowdown is occurring globally, Canada remains a “notable outperformer” among global nations, according to the latest Global Real Estate Trends report, quoting Adrienne Warren, senior economist and real estate specialist at Scotia Economics. Of nine major developed markets tracked by the bank, only Canada, France and Switzerland registered positive year-over-year price growth. Visit www.scotiabank.com and click on Economics Publications, Sept. 27, for details.

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Call for candidates – OREA Commercial real estate investment conference

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Ontario Real Estate Association

Jean-Adrien Delicano

Manager, Media Relations

JeanAdrienD@orea.com

416-445-9910 ext. 246