If you’re thinking of moving to Canada or if you’re looking for a second home or investment property, ito ay isang magandang panahon upang bumili ng?

Sa British Columbia, ang B.C. Real Estate Association (BCREA) is forecasting that residential sales prices will decline 13 porsiyento sa 2009, with the majority of the drop to occur between now and the summer.

In the Canadian real estate market pambansa, housing prices are still expected to fall, bagaman hindi bilang steeply sa B.C. Ayon sa Canada mortgage at Housing Corporation, average prices are expected to decline approximately 5.2 percent in 2009, habang nasa 2010, mga presyo ay antas ng off, seeing little change from 2009.

Gayunman, in an interview with the Vancouver Sun, BCREA chief economist Cameron Muir said, “If you compare today versus a year ago, investing in real estate is more attractive than it was then.”

Siya nagpunta sa sabihin na, due both to falling prices and lower interest rates, “For both investors and home buyers, iyong mortgage payment would be several hundred dollars less than a year ago.”

Larawan © Carolyn B. Heller