January 12, 2012:
Canada Mortgage and Housing Corporation (CMHC) has released its Housing Market Outlook. CMHC notes that employment levels will be pushed higher this year and next, which in conjunction with relatively low mortgage rates, will continue to support demand for new homes. As a result, growth in the average MLS price is expected to remain in line with economy-wide inflation in 2011 and 2012.
You can order the Housing Market Outlook, Canada Edition report free of charge on CMHC’s Publications and Reports web page.
All Points also found CMHC online interactive figures (including maps, charts and tables) that enable users to access data in more graphic, visually engaging ways. We encourage you to review the following charts, which show Average Rental Housing Costs from 1992 to 2009 and the Average Home Sale Figures from 2002 to 2009, for multiple locations. Try them! They are very helpful and more importantly FUN!