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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 $200, according to Canada Mortgage and Housing Corp.
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The Crown corporation warned that some moderation can be expected in the once red-hot housing sector for the rest of this year and into 2009. + w% I1 |4 _; z  I2 z$ k- U! Y

. Y% v: T5 K9 u* K& J& y, d& }The 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. ) `2 {! P6 U0 ~. v2 p- t
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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., w" l" |2 J5 u$ g! I3 O4 }

% q+ K8 s: {* S: ^" dIt 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.
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9 Z5 C0 [1 c  ]/ P"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. 9 D7 `# v# O3 y1 y& P3 B, s" C7 T) ~/ E

( u0 T+ B9 i8 ~" NHowever, CMHC is clearly predicting a pullback and titled its latest report, "Housing market starting to ease."
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It says for the first time in seven years the number of new homes built across the country will dip below 200,000. - n3 J6 p0 E+ v3 Z2 q8 k; d& e- h

! ]7 t# n& o' H+ i# _The 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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The 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.  G/ \( }6 X: G

9 Q# g! n) i9 UCMHC 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
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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