:: Are Barrie Home Prices at their Ceiling? ::
By Mike Montague, "Who Moves You?"
(RE/MAX Crosstown Realty Inc)
There is no denying that Barrie has for some time been considered by many to be a bedroom community to the GTA. The lure of a smaller, less densely populated community where drive by shootings are the stuff of Hollywood movies and kids can safely walk to school presents a welcome and affordable alternative to Big City living that has added momentum to Barrie's continuing population growth.Housing demands in the Barrie region have contributed to the increases in housing prices which in under 20 years have more than doubled in the Barrie area. Does the prediction that we may have hit a ceiling on price and are possibly due for a correction in Barrie hold any merit? I can't see how.Realtors would just as soon not see local real estate price itself out of reach of the average first time ...
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