With the British leaving the European Uniton (Brexit), many changes are bound to happen with the economy, local and international.  Many homeowners and home buyers are wondering if Brexit will have any affect on our housing market.  At this point there is no definitive answer, although the thoughts are pointing to YES.

With the Brexit, Canada's housing market will remain quite strong.  It is assumed that with the economy changes, many of the Brits would like to place their money in a secured investment and what better way that in a stable housing market.  Canada's market is doing very well, increasing each year with no foreseeable decrease.  

Since the Brexit, we have encountered many international prospects interested in our housing markets, many of them coming from Great Britian. We don't know at this point in time if they will purchase and move or purchase as a investment soley, but the interest is definitely there. 

We will have to wait and see what the housing market does with this change in events, but either way the Canadian housing market is strong and does not show any signs of slowing down.  

If you have thought about selling, now is definitely a great time.

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