Major markets expected to be split in 2009
Sales hit 17-year low
Canada should avoid U.S.-style bust
Slowest pace of growth since 2000, economist says
Urban starts decline in B.C., Prairies and Ontario
Existing home sales forecast to fall 14% by year-end
Rate of prices declines to slow in the coming months
Manitoba has the lowest cost of living but saw the highest increase in this indicator in western Canada over the past year, according to a report released by the Chartered Accountants of Manitoba.“This increase reflects higher shelter costs rather than an overall increase in total household spending,” says Gary Hannaford, CEO of the Institute of […]
Starts down 5.7% year-to-date
But with a fundamentally stronger mortgage regime, the downturn will not be as severe as that of the U.S.