Investors Flock

investors flock: Housing prices have soared, wages are up, unemployment is down and restaurants and bars are among the country's busiest. Once considered a fiscal basket case, the province leads economic growth forecasts this year as investors flock to the Rock, according to CTV. Houses valued five years ago at about $150,000 are selling for almost twice as much, while the typical price for a three-bedroom bungalow is now in the neighbourhood of $329,000 or higher, Stacey said and ST. JOHN'S, N.L. -- Offshore oil and major construction projects have sparked an economic boom in St. John's and other parts of Newfoundland and Labrador that has never been seen here before. "It has a lot to do with the oil boom, which is continuing," said Al Stacey, president of the Newfoundland and Labrador Association of Realtors. (www.immigrantscanada.com). As reported in the news.