Where's the Canadian Real Estate Market heading to?
Thursday, February 16, 2012
Where's the Canadian Real Estate Market heading to?
Housing markets are expected to remain steady in 2012 and 2013, according to Canada Mortgage and Housing Corporation’s (CMHC) first quarter 2012 Housing Market Outlook, Canada Edition1.
“With the Canadian economy set to expand at a moderate pace and Mortgage rates expected to remain low, activity levels in 2012 in both new home construction and sales of existing homes will stay close to levels seen in 2011,” said Mathieu Laberge, Deputy Chief Economist for CMHC.
You can read the whole report at the CMHC website at:
