While attending various social functions over the holidays, many people upon learning I am in real estate were asking questions as to the local market conditions this year and what the outlook is for 2008.
This year has been one of the most robust markets we have seen in the Georgian Triangle over the past several years. Sales reported through the local Multiple Listing Service (MLS®) are forecasted to reach approximately $570 million, a 17% increase over 2006. Watch for more detailed information in this regard next week after December's sales have been processed.
In the meantime, noted economic commentator Linda Leatherdale held an interview with Phil Soper, President and CEO of Royal LePage Services wherein they discuss overall market conditions across Canada. To access this informative podcast interview, please click on the link below and watch my blog next week for a recap of how the local market performed here in Collingwood and the surrounding area in 2007.