2010 HOUSING MARKET FORECAST

THE LAST QUARTER OF 2009 SAW MODERATE PRICE INCREASES IN PRICES OVER 2008 AND EVEN SOME POSITIVE GAINS IN SALES VOLUME IN SOME AREAS OVER 2008. THE CANADIAN HOUSING AND MORTGAGE COMPANY (CMHC) PREDICTS THAT MOMENTUM WILL CONTINUE IN 2010 WITH SALES EXPECTED TO RISE MORE THAN FOUR PER CENT. LOWER INVENTORY IS ALSO FORECAST AND AN INCREASE IN AVERAGE PRICING OF THREE PER CENT.

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Terry Black

Terry Black

Sales Representative
CENTURY 21 Trident Realty Ltd.
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