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For those interested in investing in London Ontario real estate (and may be considering a London Ontario property manager such as BrodylanWhite Property Management) you may take comfort in Scotiabank’ recent forecast.  Scotiabank’s most recent Global Economic Research release, Scotiabank confidently sees a global housing recovery.  Specifically, Adrienne Warren of Scotiabank proclaims that the global real estate markets are showing tentative but growing signs of stabilization.  Despite the fact that real home prices are still lower than last year, several countries saw their home prices rise.  And yes, Canada is one of those countries.  Warren sees Canada continue to build momentum, and for the global housing scene she writes “looking ahead we anticipate a gradual synchronized improvement in housing activity  in most economies, supported by highly stimulative policy initiatives – fiscal stimulus and historically low borrowing costs – that are likely  to remain in place over the coming year”.

Be sure to check out the entire report which can be viewed here.