Stable Housing Market Forecast Into 2011
The Canada Mortgage and Housing Corporation (CMHC) issued a forecast for the remainder of this year's housing activity, and into 2011. By their calculation, the future of the Canadian housing market looks encouragingly stable.
Bob Dugan, Chief Economist for the CMHC, points out that, in late 2009 and early 2010, sales activity included much pent-up d ...