It’s the beginning of a new year and everyone’s dying to know; how will the real estate market fare in 2012? Will home prices continue to escalate? Will housing starts continue to rise, or will they slow this year? And what will home sales be like this year? To answer these questions, I’ve done extensive research, gathered the thoughts of some of Canada’s top economists and compiled them here.
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With the recent mortgage rule changes announced by the Federal Government last month many economists expected that this would be the last arrow fired to finally slow down the Canadian housing market. Along with a slower than expected economic recovery …
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OTTAWA – August 27, 2009 – MLS® home sales were much stronger than expected in the second quarter of 2009, with activity having climbed throughout the quarter and into July. The remarkable recovery of resale housing has prompted a change …
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