The residential real estate activity from 12 developed countries were analyzed and compared from the first quarter of 2010 to the same period this year. And despite the comments on: “High property prices, the tightening of mortgage insurance rules and the increase in mortgage rates limited demand, particularly among first-time buyers.” – ( and blah blah blah…) Canada ranked pretty darned high.
Here are the International Top 3 Markets:
The first place: Ireland (+12%). {data from the 2010 market}
Second place: France (+6.8%)
Third place: Canada !!! (+5.3%)
In contrast, the countries with the largest price decreases in 2011 were:
Spain ( 8.5%)
The United States ( 4.8 %)
The United Kingdom ( 4.2 %)
Source: the Scotia Economics department at Scotiabank. Click here to read the report.
Seeing where we are ranking worldwide, gives us a better perspective on where we’re standing in terms of growth. We have a strong and stable economy by comparison. Here in Quebec, the market isn’t as volatile as the rest of the country. We have a moderate and steady growth, which makes it a great place for a sound investment.
Posted by: Deya Bautista - Real Estate Broker working as part of the McGill Immobilier team. Specializing in high end condos in downtown and Old Montreal. For buying or selling contact Deya at: 514.917.7889 
Interesting info!
Which city in Canada has the best market to flip properties and convert apartments into condos? Montreal, Vancouver, or Toronto?
What's the average day on the market? Is it a buyers or sellers market?
Thanks. I hope to receive lots of feedback.
Steve.
Wow! so Canada has grabbed the third place in the queue. Nice info!
It's a interesting view about Canada market.
Even in the third place it shows Canada has a good outlook in Real estate market. Thanks for sharing the post.