Vivian Lee
CIR REALTY
168, 8060 SILVER SPRINGS BLVD. NW, Calgary, Alberta
P: 403-247-7770   F: 403-208-3800   Email

Saturday, February 21, 2009 - Price will rebound in 2010

Calgary Herald Article February 20, 2009

Business Section, Page C3,

By Mario Toneguzzi



Summary of Article:



Information Based on “The Housing Market Outlook” by CMHC
For 2009 MLS Sales Expected to Fall by 13.6% to 20,000 Sales
Average Sale Price to Fall by 6.2% to $380,000 in 2009
MLS Sales to Increase by 10% to 22,000 Sales in 2010
Average Sale Price to Increase by 2.6% to $390,000 in 2010
Positive Factors Include Government Stimulus Packages
Calgary’s Population Grew By More Than 2% in 2008
The Resulting Increased Household Formations Will Translate into Increased Home Sales


posted in General at Sat, 21 Feb 2009 17:22:25 -0700



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