After a slow spring season brought on by the COVID-19 pandemic lockdown in March, real estate agents in Cape Breton are reporting almost unprecedented sales activity. "Very rarely have we seen, so consistently, homes selling for asking price or homes selling for over asking price," said Ryan O'Donnell, Cape Breton regional director with the Nova Scotia Association of Realtors. Real estate agents in Cape Breton say it's a seller's market. (Holly Conners/CBC)The thousands of international students studying at Cape Breton University in Sydney are also contributing to the demand for housing. "I think they look at Cape Breton, and probably Nova Scotia in general, as kind of a safe place to be.

Source: CBC News September 08, 2020 09:00 UTC