It is interesting that RBC also predicts resales in Alberta to grow by a nation-leading 9.5 per cent this year. That totally makes sense, given their strong predictions for the oil patch in 2011.
As far as Kelowna goes, I do not feel our housing market is generally over valued, as we have seen a more significant price correction over the last 18 months than other areas of the Country.
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Coldwell Banker Horizon Realty
Cell 250 864 1707