Royal Lepage says majority government means stability for real estate market

Real estate giant Royal Lepage says they are glad the election is over because that cloud of uncertainty is now gone and it can now be business as usual.

The real estate market has been in a holding pattern since the election campaign began over a month ago and even more so in the final days leading up to election night.

But Royal Lepage says that cloud of uncertainty has now been lifted and that means stability for the real estate market, meaning good news with what it calls the all-important spring season underway with homebuyers and sellers on the move.

"For a short time around the elections, the real estate market often comes to a slowdown and people are waiting to see what happens before they make a move," said Royal Lepage director for the Quebec region Dominic St-Pierre.

"We're happy that it's a majority government whether it's PQ or Liberal but as long as we have a majority government, we know that we won't go back into an election for four years."

St-Pierre said he'd heard from some agents about fears of a referendum from their clients but that it was not a major issue for the company since it was never in the cards.

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  1. william posted on 04/10/2014 12:16 AM
    They are happy that it's a majority government whether it's PQ or Liberal, WHAT???
    If the PQ won a majority then the Quebec real estate market would have been put into a tail spin. I understand that they don't want to insult any of their potential customers but come on, people are not idiots.

    Thinking more about this I assume that many real estate agents would have been happy with a PQ majority. There are many commissions to be made based on a mass exodus.
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