Housing construction in Canada will strengthen this year predicted by the Canada Mortgage and Housing Corporation. The national housing agency in its first-quarter outlook that housing starts will range with 152.000 and 189.300 units this year 2010. up from 149.081 in 2009. It expected starts will rise to between 156.400 and 205.600 units next year.
CMHC chief economist Bob Dugan expecting home buyers will benefit from improving economy and low mortgage rates.
Dugan said requiring a larger down payment or consider a less expensive home will help moderate housing activity. and a decline in the number of new listings for existing homes shifted the emphasis from a buyer' to a sellers' market and increased demands for new home.
Pleas go to Article:
http://www.retailcouncil.org/enewsletter/newsletter_030510.html
CMHC chief economist Bob Dugan expecting home buyers will benefit from improving economy and low mortgage rates.
Dugan said requiring a larger down payment or consider a less expensive home will help moderate housing activity. and a decline in the number of new listings for existing homes shifted the emphasis from a buyer' to a sellers' market and increased demands for new home.
Pleas go to Article:
http://www.retailcouncil.org/enewsletter/newsletter_030510.html
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