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sales are "still strong"

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鲜花(7) 鸡蛋(0)
发表于 2008-10-30 22:37 | 显示全部楼层 |阅读模式
老杨团队,追求完美;客户至上,服务到位!
House prices are going to go up next year, albeit by a mere $200, according to Canada Mortgage and Housing Corp. 4 ]) _& H) e1 |1 R1 k! _* E2 J, t. a

! h5 s, V- D) S2 s/ ]6 k6 |The Crown corporation warned that some moderation can be expected in the once red-hot housing sector for the rest of this year and into 2009. ; M+ I# [, {" H3 r* l" \3 r

6 S7 w# X2 G# ~( D) IThe forecast comes as house prices have been falling nationally, according to the Canadian Real Estate Association. Canada's largest housing markets have experienced prices declines from a year ago for four straight months, with each percentage drop bigger than the next. , ]/ d2 E' |% i" X; i# r! E( a4 p! i
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Now CMHC has waded into the debate with its own forecast that despite the recent trend, home sale prices should edge up this year.0 p8 v/ D1 Y* j9 {

) u7 G' t1 d. h. vIt expects the average price of a home sold to rise to $306,500 from $305,707. By next year the average sale price is forecast to rise to $306,700.  `# U( m7 T' [0 l; ~/ b
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"High employment levels, rising incomes and low mortgage rates have continued to provide a solid foundation for healthy housing markets this year," said Bob Dugan.
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However, CMHC is clearly predicting a pullback and titled its latest report, "Housing market starting to ease." $ V5 x; R( z+ d( T0 H

+ X6 ^. A. }: _+ N8 \8 D* a* _It says for the first time in seven years the number of new homes built across the country will dip below 200,000. ( J- |1 A% b  A) i2 Q3 o# V

  s1 N8 \, V% HThe agency is forecasting 212,188 starts for this year which will be a drop from the 228,343 homes built in 2007. By 2009, the forecast is for 177,975 new homes to be built.
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' P$ \2 t$ n: [+ N: WThe prognosis is not much better for the sales of existing homes. After setting an all-time sales record of 523,701 transactions in 2007, sales are expected to drop to 452,225 in 2008 and 433,375 in 2009.: f$ M6 g5 s4 c# D: Q) Z: ^
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CMHC says those sales are "still strong" by historical standards.
鲜花(55) 鸡蛋(0)
发表于 2008-10-31 02:31 | 显示全部楼层
快去抢房子
大型搬家
鲜花(49) 鸡蛋(0)
发表于 2008-11-1 00:10 | 显示全部楼层
Too CNN
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