Thursday, May 17, 2012

Market Watch: Steady as she goes in year ahead

Housing markets are expected to remain steady in 2012 and 2013, according to the latest CMHC Housing Market Outlook. The report predicts that the Canadian economy is set to expand at a moderate pace and mortgage rates are expected to remain low, keeping 2012 activity levels in both new home construction and resale homes close to 2011 levels.

Posted at 12:58 PM