Market Update - June 2009
The first long weekend of spring has come and gone and we're finding an increasing number of buyers venturing into the Parry Sound area in search of cottage properties. This is good news to people like myself who were unsure a mere year ago of how the recession would affect the local real estate market.
Overall sales are still down slightly from last year (12.5 percent, according to Parry Sound Real Estate Board MLS stats) but most of this number is attributable to dismal January and February sales volumes.
I'm hoping for an improvement in the weather, which has given us few warm days, instead bringing lots of rain and cool weather (similar to 2008). While lakes have not warmed sufficiently for water sports like swimming, bug numbers (black fly and mosquito) have been mercifully tolerable, despite the weather.
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