HOUSING MARKET OUTLOOK
Canada Mortgage and Housing Corporation
Housing Starts Increase in 2010
During 2009 reaching $342,231 in the fourth quarter as sales rose ahead of new listings. As new listings catch up to sales and more balanced market conditions return, the average MLS® price is expected to edge lower reaching $339,126 by the fourth quarter of 2010. A modest increase in prices is forecast for 2011. See details.