Real estate is paced to break 2007`s record; Weather to have positive sales impact
The spring weather is having the same effect on the local real estate market as it is on Mother Nature growth.
Year-to-date home sales are on pace to eclipse last year`s record-setting year, said Sarnia-Lambton Real Estate Board president Ralph Flamminio.
Sales for the month of April hit a record $35.4 million, he said, an increase of 10.7 per cent from last year. There were 202 homes sold in April, up 15 per cent from last April`s 176.
"Much of the the increase in sales volume can be attributed to the increase of sales for homes in the $100,000 to $200,000 price range," he said, with 100 units sold last month, up from 79 the previous year.
http://www.theobserver.ca/ArticleDisplay.a...th=JACK+POIRIER