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Sherif Nathoo

Sales Representative

Leading Edge Realty Inc., Brokerage*

300-801 York Mills Road

Toronto, ONM3B 1X7

sherif.nathoo@century21.ca
Office: 416-686-1500
Office Fax: 416-386-0777
Cell: 416-274-1513
Direct: 416-849-7470
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Housing Market Stability - CREA

New year always brings out the crystal ball. CREA predictions for 2012 Ontario housing market point to price stability, moderated by a slight decline in sales volume. Many regions  province saw stronger than expected summer sales activity. Ontario's strong performance prompted CREA to raise the 2011 sales volume forcast from 0.9% to 1.4%.

CREA forcasts reflect expections that interest rates will remain low until well into this year! Across Canada, Home Sales Activity over the past months, especially a 7% jump in November, suggests buys are confident that the Canadian economy will remain unscathed by global economics risks.

Posted by Sherif Nathoo on February 7, 2012
Tags: Build Your Portfolio with Sherif Nathoo facebook Real Estate Real Estate Professional Toronto Toronto Condos Toronto Real Estate Advisor www.condomanagementgroup.com www.mycondoreport.com www.sherifnathoo.com Market Reports and Conditions
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