Medicine Hat News — Friday, July 2, 2010
13
CREA Residential Market Forecast:
Residential unit sales forecast
Canada
British Columbia Alberta
Saskatchewan Manitoba Ontario Quebec
New Brunswick Nova Scotia
Prince Edward Island Newfoundland
2009
2009 Annual percentage change
23.4 2.7 5.3
-3.2 3.1 2010 Forecast
465,082 7.7 490,600 85,028 57,543 11,095 13,086
80,000 55,900 11,050 13,150
195,840 8.2 215,400 79,125 7,003
10,021 1,404 4,416
-7.3 -7.8 -0.6 -5.9
Residential average price forecast
Canada
British Columbia Alberta
Saskatchewan Manitoba Ontario Quebec
New Brunswick Nova Scotia
Prince Edward Island Newfoundland
2009
2009 Annual percentage change
89,300 7,650
10,650 1,500 5,350
2010 Annual percentage change
5.5
-5.9 -2.9 -0.4 0.5
10.0 12.9 9.2 6.3 6.8
21.2 2010 Forecast
320,333 5.0 325,400 465,725 2.4 476,400 341,201 -3.3 348,400 233,695 4.1 240,200 201,343 5.8 209,800 318,366 5.3 330,900 225,412 4.7 229,900 154,906 6.3 157,200 196,690 3.6 201,900 146,044 4.4 149,900 206,374 15.6 224,400
2010 Annual percentage change
1.6 2.3 2.1 2.8 4.2 3.9 2.0 1.5 2.6 2.6 8.7
2011 Forecast
448,700 71,500 55,400 10,900 13,050
188,200 84,250 7,450
10,350 1,480 5,650
2011 Annual percentage change
-8.5
-10.6 -0.9 -1.4 -0.8
-12.6 -5.7 -2.6 -2.8 -1.3 5.6
2011 Forecast
318,300 459,800 350,800 242,900 215,600 320,100 237,000 159,900 204,700 151,300 233,800
2011 Annual percentage change
-2.2 -3.5 0.7 1.1 2.8
-3.3 3.1 1.7 1.4 0.9 4.2
About The Canadian Real Estate Association The Canadian Real Estate Association (CREA) is one of Canada’s largest single-industry trade associations, representing more than 99,000 real estate Brokers/agents and salespeople working through more than 100 real estate Boards and Associations.
For more information, please contact: Alyson Fair
613-237-7111 or 613-884-1460 Email:
afair@crea.ca
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