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