Blog by Scott & Marcella Williams

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CMHC Q1 Housing Outlook

Please find attached a copy of CMHC`s "just released" Housing Market Outlook for Canada for Q1 2014.  BC specific information is on page 8.

Date Released: First Quarter 2014

Canadian Housing Market: Housing starts

to remain stable in 2014 and 2015 

 

Housing starts: While housing demand will be supported by an improvement in fundamentals, total housing starts will remain more or less stable over the forecast horizon.With a relatively high number of units under construction in some local markets, builders are expected to adjust the pace of new activity in order to manage their inventory levels. 

Click CMHC Housing Market Outlook Q1 2014 for the full report.