Landing for the Housing Market OTTAWA, August 13, 2014 – - TopicsExpress

Landing for the Housing Market OTTAWA, August 13, 2014 – According to CMHC’s third quarter 2014 Housing Market Outlook, Canada Edition1, housing activity will continue to be supported by economic and demographic fundamentals for the rest of 2014 and into 2015. “Recent trends have shown an increase in housing starts, which is broadly supported by demographic fundamentals. However, our latest forecast calls for starts to edge lower as builders are expected to reduce inventories instead of focussing on new construction,” said Bob Dugan, Chief Economist for CMHC

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