TD Economics Canadian Housing Outlook - 2010-2011
CANADA TO EXPERIENCE A MODEST HOME PRICE CORRECTION IN 2011
Last week TD Economics came out with their 'observation' of future trends in Canada's housing market for the 2010/2011 Real Estate market in Canada.
• Our existing home sales and average price forecast for 2010 is largely unchanged since December 2009. We still expect 475K transactions to take place, with an average annual price nearing $350K, an increase of 9% over 2009.
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