Monday, November 15, 2010

Canadian Market is Strong!

I recently attended a fabulous Real Estate Seminar in Ottawa which was hosted by Scotiabank. The speaker was an American Real Estate Guru-Type named Brian Buffini. He is a great speaker, very motivating and engaging. During his talk he presented some really interesting statistics about the Canadian Real Estate Market. He stated that Canada has the strongest Banks in the world as well as the strongest Real Estate Market. Great news for us! He also brought up the fact that the impact of the American media is often so negative to Canadian Real Estate. The reports on American News Stations are not indicative of what is occurring in Canada and Canadians often watch the American News and translate it onto our markets. The bottom line is that Real Estate in Canada is healthy! The Real Estate Market in Kingston, Ontario is especially healthy. We have the positive influences of Queen's University, RMC, St. Lawrence College, the Military, Hospitals and all of the other Government Services. I feel lucky to live and do business in the Kingston Area!!

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