Sep 28, 2015 - 6:31 PM EDT
Last Updated: Sep 29, 2015 - 8:15 AM EDT
While some of the country’s real estate markets are showing signs of cooling down, the Windsor-area market continues to heat up, a new Conference Board of Canada study reported Monday.
Windsor was a seller’s market in August, with the average resale price of $208,249 — a increase of 6.5 per cent from July and a 12.5 per cent jump compared to August 2014, said Robin Wiebe, senior economist at the conference board.
“Windsor’s economy is coming back,” said Wiebe. “Although the 2008-09 recession was tough, since then, Windsor’s economy has been growing and so has employment.”
How far has the housing market come since the recession? Between December 2008 and December…