Hope everyone is ready for 2009. According to the London Free Press today the housing market in London is stable and builders will weather the economic downturn. With CMHC predicting 2,100 new home starts for 2009, down from the 2007 and 2008 numbers, but it is sure a lot better than the 1000 new homes in 1995! With the lower interest rates and the Sellers market, I am hoping that 2009 will be a return to normal levels. We have been fairly busy here in December and now is a great time to Buy!
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