Tuesday, January 26, 2010

Calgary Real Estate Board Releases forecast for 2010

The Calgary Real Estate Board predicts sales to increase 17% this year and prices to increase 6.3%, a hopeful sign that we are past the dreaded "R" word and headed into positive territory.

The latest numbers from Canada Mortgage & Housing are also promising, with more single detached starts in November '09 (604) than we have seen since October 2007, a month that saw 680 new home starts.

Calgary Real Estate Board's full report, click here.

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