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Stable Real Estate Market
It is one of the world’s top ten trading nations
Canada is the second-largest country in the world by land mass, and is blessed with many natural resources which help achieve economic growth
One of the largest exporters of natural resources in the world
Canada ranks sixth in the world in standard of living
Basic health care, with the exception of dental services, is free at the point of delivery
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The automobile industry employs over half a million people in Canada, but with the constant rise in the price of petroleum, car sales are decreasing causing a crucial part of Canada’s economy to suffer.
The slump in the US housing market is also affecting Canada
In 2011, Canada will experience an overall decline of 0.9% in home prices
The Canadian Real Estate Association expects a 7.3% decline in home sales
Interest rates are expected to hike further as the economy improves
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