The Canadian Mortgage and Housing Corporation produces some great information on what”s happening with the housing market in Calgary. Please keep in mind this australia online casinos report was produced prior to the Calgary Flood 2013. The Spring 2013 edition of CMHC”s Housing Market Outlook – Calgary is now available and can be accessed by clicking on the link below.
http://www.cmhc-schl.gc.ca/odpub/esub/64339/64339_2013_B01.pdf
Posts Tagged ‘Canada Mortgage and Housing Corporation’
Spring 2013 edition of CMHC’s Housing Market Outlook – Calgary
Thursday, July 4th, 2013Spring 2012 edition of CMHC’s Housing Market Outlook – Calgary
Sunday, June 24th, 2012The Canadian Mortgage and Housing Corporation has released it’s new Spring 2012 edition of CMHC’s housing Market Outlook for Calgary. I have simply taken some key points that I thought were interesting and hopefully you find them interesting as well.
To view a full copy of their report click here
http://www.cmhc-schl.gc.ca/odpub/esub/64339/64339_2012_B01.pdf
If you like the information you can sign up with CMHC and receive their reports in your inbox . Check out available reports directly from CMHC
New Housing
Total housing starts are forecast to rise 25% in 2012. Single Family home starts are forecast to rise by 12% while multi family starts are forecast to increase by 40 % in 2012.
Resale Housing
CMHC is forecasting that MLS Sales will increase by 9% in 2012.
The average price is forecast to increase by 1.8% in 2012
Rental Market
The vacancy rate is forecast to decline again in 2012 putting upward pressure on rental prices.
Economic Overview
Employment is expected to increase by 2.9% in 2012
Average weekly earnings increased in the first quarter of 2012, up five per cent year-over-year
Migration flows to Calgary are expected to increase as labour market conditions improve
As a result, net migration in 2012 is forecast to reach 17,000 migrants, up 52 per cent from 2011
Mortgage Rate Outlook
Although there is significant uncertainty, consensus forecasts suggest that interest rates are not expected to rise until at least later in 2012, but will remain low by historical standards, thus supporting the Canadian housing market.
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Housing Market Outlook, Canada
Friday, August 26th, 2011Check out this report produced by CMHC (Canadian Mortgage and Housing Corporation.
It provides us with a detailed outlook in all areas of the housing Industry. Not only does it talk about Canada it drills down to each province. click here to view Housing Market Outlook Report Third Quarter.
For a more detailed report on Calgary’s Housing market please contact me.
Housing Market Outlook, First Quarter 2011 by CMHC
Monday, February 21st, 2011Looking for excellent information on Canada’s Housing Market. Here’s information you should not pass up.
C a n a d a M o r t g a g e a n d H o u s i n g C o r p o r a t i o n produces a quarterly report broken down by provinces. In these reports you will find:
- National Outlook
- Trends at a Glance
- Provincial Outlooks including housing starts, resale homes and prices
Charts showing history and predictions on Housing starts, Resale numbers, Prices, Employment, Unemployment, GDP, Key Market Indicators including Rental Vacancy rates.
To view the latest report see CMHC. If you like what you see you can also subscribe to receive this report directly from Canada Mortgage and Housing Corporation.
If you have further questions about the local Calgary Real Estate Market please contact us.
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