Obviously a home at this price is not going to lose that much value. This represents a nice return on a realestate that you can use for enjoyment and recreation [...] You can not really produce more land. The largest swings one sees in PEI realestate will be noticed in waterfrontage land. Top Canadian banks are in excellent financial condition and lenders here are beginning to lend again. Now may just be the best time to re-enter the , PEI realestate market or jump into it for the first time.
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