Real Estate prices have leveled off
With about 70% growth in properties in St. John's Metro over the last 8 years prices have finally leveled off. The global economy has cooled down keeping interest rates very low. Don't look at this as a bad thing. Warren Buffett purchased GE when the market sank a few years ago. Always buy in a cool market not a got market! Now is the RIGHT TIME to buy real estate. There are lots to choose from. Take advantage of the market prices and interest rates today. The average investment property has increased in value by $100,000 in St. John's metro within the last 10 years!!! I like to see a Fund Manager profit you that on an RRSP or Mutual Fund! Where are you putting your money?