Remax Press Release Highlights

Low inventory levels set stage for heated Spring market in most major Canadian centres says Remax.

The supply of homes listed for sale has been reduced drastically, housing values are on the upswing and banks and governments are moving in unison toward stricter lending policies.

The overall pressure on sales and price is significant across the board and is not likely to subside unless more inventory comes on-stream.

Recent revisions to lending criteria will add fuel to the fire in the short term. Buyers will step up their plans for home ownership in the next month or so.

Real estate from coast to coast has roared back to life and markets are once again firing on all cylinders.

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