Wednesday, November 19, 2008

The chart below shows how CMHC predicts that our GTA resale real estate market will perform in 2009

This chart shows how CMHC predicts that our GTA resale real estate market will perform in 2009
They are estimating that home sale will be down about 8.5% compared to 2008 and that there will be about 1.2% increase in the number of homes that are listed in the GTA in 2009.
Their conclusion is that we will experience moderate growth in resale homes prices in 2009 of about 1.8%

2 comments:

  1. Great Canada real estate blog you have here. I really enjoy reading it. Very thorough with great insights into your local real estate market conditions. Keep up the good work!

    ReplyDelete
  2. Thanks for your kind comments, I will try and keep the good posts coming!

    All the best!
    Mark

    ReplyDelete