OTTAWA - The Canada Mortgage and
Housing Corp. says it expects housing starts in 2015 will dip slightly
compared with last year, but remain broadly in line with economic and
demographic trends.
The federal housing agency says housing starts are expected to decline by 1.0 per cent in 2015 compared with 2014 under its base-case scenario, while it expects Multiple Listing Service sales to stay the same and the MLS average price to increase by 1.5 per cent.
CMHC says it expects housing starts to range between 154,000 and 201,000 units in 2015, with a point forecast of 187,400 units.
The following year, the agency forecasts housing starts to range from 148,000 units to 203,000 units, with a point forecast of 185,100 units.
Read more at Click here / www.trade4x.net
The federal housing agency says housing starts are expected to decline by 1.0 per cent in 2015 compared with 2014 under its base-case scenario, while it expects Multiple Listing Service sales to stay the same and the MLS average price to increase by 1.5 per cent.
CMHC says it expects housing starts to range between 154,000 and 201,000 units in 2015, with a point forecast of 187,400 units.
The following year, the agency forecasts housing starts to range from 148,000 units to 203,000 units, with a point forecast of 185,100 units.
Read more at Click here / www.trade4x.net
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