forecast

forecast prediction

CondoBusiness

TREB revises 2017 home buying forecast downwards

The Toronto Real Estate Board has revised its forecast range for 2017 transactions down to between 89,000 and 100,000, but listings are expected to grow.
home sales forecast

CondoBusiness

National sales forecast to decline later this year

The CREA has updated its forecast for home sales activity for 2017 and 2018, predicting national sales activity will decline this year.
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CondoBusiness

CREA housing market forecast predicts falling sales

The updated housing market forecast for 2017 and 2018 from the Canadian Real Estate Association finds national home sales will fall in coming years.
energy efficiency

CondoBusiness

National average home price expected to dip in 2017

The Canadian Real Estate Association has updated its housing forecast for 2016 and 2017, although trends have evolved mostly as predicted in September.
REMI

CondoBusiness

CREA revises 2015 and 2016 home sales forecast

The Canadian Real Estate Association has revised its forecast for home sales activity through the MLS Systems for both 2015 and 2016. Following its last
Edmonton

CondoBusiness

Alberta housing market to moderate this year

According to the Alberta Economic Outlook Q1 2015 report, prepared by the ATB Financial Economics and Research group (ATB), housing investments in Alberta are projected to remain flat or slightly lower in 2015, despite record-setting levels of residential building permits in Q3 2014. Factors affecting this prediction include slower population growth, increased caution on the part of developers and home buyers, heightened investor nervousness, and a softer job and wage market.
Toronto Condos

CondoBusiness

Outlook strong for Canadian condos: RE/MAX

According to the latest Housing Market Outlook Report from RE/MAX, the Canadian condominium market is expected to remain strong and healthy in 2015. Throughout 2014, “condominiums continued to grow their share of the market in many regions,” the report stated. As such, a lack of affordable single-family homes in areas such as Toronto and Vancouver, made condos an attractive option for first-time homeowners and young families.