Monday, May 10, 2010

2010/2011 Home Prices Forecast

The latest housing forecast from TD Economics leaves 2010 totals for sales and prices in Canada largely the same as its previous expectations in December, what has changed though is TD now expects a bigger change between a very hot first half of the year and a predicted cooler second half. The forecasting unit of Toronto-Dominion Bank released a report on Wednesday that maintained its call for housing resale’s this year to rise 2.1% to 475,000, and the average price to gain 9% to $349,000.

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Paul Mangion

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