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Last day of the year! What a great year 2007 has been. We here at Properties In Victoria Professionals have had another record breaking year and with our new managing partner Bill Ethier at the reins, were about to break some more records.According to our fuzzy crystal ball the Victoria Real Estate market will have lots of growth and excitement in 2008. Most people we talk to are very optimistic about the coming year. A recent article in the Times Colonist by Norma Greenaway of CanWest News Service confirms that this is a reflection of most people in this wonderful country of ours, Canada. The article reads:

Canadians optimistic about coming year

British Columbians especially ebullient after 2007 was good to most of us: Poll

OTTAWA — Canadians are oozing optimism that 2008 will be a good year for them and the country, but they are less upbeat about what the year will hold for the rest of the world, a national poll reveals.

The poll, conducted by Ipsos-Reid exclusively for CanWest News Service and Global National, says more than nine in 10 of those surveyed (92 per cent) said they are optimistic the coming year will be a good one for them. The percentage is up from the 88 per cent of Canadians who took that view heading into 2007.

Canadians appeared to park that remarkable optimism when asked about what next year bodes for the world. Only 58 per cent said they thought 2008 would be good for the world.

Pollster Jim Wright said that although the number was up from 49 per cent last year, Canadians are clearly uneasy about the continued upheaval in Afghanistan, Iraq, the Middle East and elsewhere. (The poll was conducted before last week’s assassination of Pakistan opposition leader Benazir Bhutto.)

“They think it’s a troubled world out there, but Canada is a cocoon,” he said.

Wright attributed Canadians’ upbeat views about their own prospects, and Canada’s as a whole, to the robust economy. “It has nothing to do with politics. I think everything has to do with the economy, and how people feel about it,” he said.

Eight in 10 Canadians were optimistic that 2008 would be good for the country as a whole. Residents of British Columbia (86 per cent) and Alberta (85 per cent) were most likely to be optimistic about Canada’s future. Quebecers (75 per cent) were the least likely to be optimistic that it would be a good year.

Wright said the bottom line is that most Canadians think the country is on a good economic roll, despite pockets of deep job losses in sectors like the auto industry. After all, he said, many regions of the country are “begging” for workers.

Canadians’ optimism also was on display when they were asked to look back on 2007. Eight in 10 said it was a good year, compared with 76 per cent who though 2006 was a good year.

Younger Canadians were more inclined to believe 2007 was a good year. Eighty-six per cent gave the year the thumbs-up, compared with 80 per cent of Canadians aged 35 to 54, and 75 per cent of those aged 55 and over.

Residents of Saskatchewan and Manitoba (89 per cent) were the most likely to think that 2007 was a good year. They were followed by those living in Alberta (87 per cent), Atlantic Canada (86 per cent), Quebec (80 per cent), British Columbia (77 per cent) and Ontario (76 per cent).

The poll, conducted Dec. 18 through 20, is based on telephone interviews with 1,000 adults. In a sample that size, the results are considered accurate within plus or minus 3.1 percentage points, 19 times out of 20.

The margin of error is larger for the provincial and regional breakdowns, ranging from a low of plus or minus 5.5 percentage points in Ontario to a high of plus or minus 12.3 points in Atlantic Canada. End of Article.

What are your thoughts and predictions for 2008. Please feel free to comment below. Further feel free to contact us any time regarding Real Estate.

In Closing, we would like to Thank You for your past and continued support.

Cheers, Anders

Anders Treiberg, Associate Broker, REALTOR®

Properties in Victoria Professionals – Royal LePage Coast Capital.   

Anders Treiberg has been a REALTOR® in Victoria since 1990. He has extensive Real Estate Expertise and can be reached on his website  or via email at anders@PropertiesInVictoria.com

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