MARKHAM REAL ESTATE VALUE IS ON THE RISE

MARKHAM PROPERTIES INCREASE VALUE AFTER THIS ANNOUNCEMENT

Markham is the fourth biggest markets in real estate and it is just about to get better. If you currently own a home in Markham, congrats! If you do not and can afford one- hurry up. Markham continues to invite tech industries into the city and the Premier of the Province just announced a new launch!

Kathleen Wynne, announced a new established named “Cut-The-Red-Tape” that will be launched in Markham. The establishment of this program is to actively reduce unneeded paperwork that the province includes. This announcement was made in Nova Plastics in Markham.

WHAT DOES THIS MEAN MARKHAM REAL ESTATE?

When a city provides large corporations spaces for their operations it helps the city to gain capital and also create more jobs. More jobs directly triggers the income of both the city and the common house household’s income. When people in a city can afford more and the city invests into new companies the value of the city increases. In summary this is a case of increase of demand. More work equals more employees moving to the area and contributing towards Markham Real Estate.

Markham holds series of corporations and almost all of them have over 100 employees. In addition Markham has a history of welcoming huge tech corporations such as IBM, GE, JOHNSON & JOHNSON, TOSHIBA and much more.  Welcoming all these corporations made Markham earn to be known as the “HIGH-TECH CAPITAL OF CANADA”.  In addition the city co-host the PANAM games and was located as the New York University Campus.

Markham real estate will continue to increase and it will even become a higher scale location in the GTA real estate.

If you have any other questions in regards to this topic you can contact Stephanie Rebello. An experienced, reliable and connected realtor in the Markham Real Estate.  We hope we have helped you with some good information and also some tips. If you would like to see more related news please subscribe to our newsletter.

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SOURCES:

http://www.yorkregion.com/news-story/6409977-premier-in-markham-in-bid-to-cut-red-tape-for-ontario-business/