American Investors...Come Buy Again in Prince Edward Island, Canada

By
Real Estate Agent with Red Soil Real Estate Inc.

The PEI Real Estate market in Prince Edward Island, Canada is "not on life support", it is dynamic and energized, but it could be that much better if the American investors came back in full force. In the past when the American dollar was much stronger than the Canadian dollar, many American investors purchased good properties in PEI, especially many of the great oceanfronts that line the periphery of the province. In recent times, the American dollar lost its advantage over the Canadian dollar, but more than this, the United States economy, mainly due to the bottoming out of the American housing market has led to a severe recession. This really hurt the PEI Real Estate market especially, the prime oceanfronts sales. The Prince Edward Island Real Estate market is not hiding the fact that it wants the American economy to have a resergence as soon as possible. A strong American economy is the hope and prayers of all Canadians even if they are not in the real estate business. The farming, fishing, logging sectors rely heavily on selling their products to our "great neighbour to the south".

There are a lot of excellent Oceanfronts on the PEI Real Estate market at the present time just waiting for the great American investors...

That's it for now...

George W. Jordan, Owner/Broker, Red Soil Real Estate Inc., www.buysellpei.com

 

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Prince Edward Island
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Tags:
canada
pei real estate
prince edward island real estate
prince edward island
canadian dollar
american dollar

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George W. Jordan

Owner/Broker, Red Soil Real Estate Inc.
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