Squamish Real Estate Market Update - March 2010
March 2010 Market Update
As the Olympics wind down and the Paralympics start up, BC's momentary pause from the world's premiere sporting spectacle is being replaced by a relatively hot economy. According to the Conference Board of Canada, BC's economy is expected to lead the country in growth for 2010, fueled by Olympic spending and better fortunes for forestry and manufacturing (http://www.globalnational.com/money/Strong+growth+expected/2602719/story.html).
In many places across the province, the spring market is expected to be hotter than usual, with the housing sector continuing its upward trajectory from 2009's lows. This will be supplemented with an increase in both buyers and sellers, who put their intentions on hold during the Olympics, leading to both greater inventory and more sales in the months ahead.
Morgan Rice
Squamish Real Estate REALTOR®
