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Friday, July 30, 2010

CREA Revises Resale Housing Forecast

OTTAWA – July 30, 2010 – The Canadian Real Estate Association (CREA) revised its forecast downward for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations, and elevated its average price forecast. See the full release here:
CREA Revises Resale Housing Forecast.

The predictions for Saskatchewan are for very minor reductions in the number of sales in 2010 and 2011 and modest increases in average selling prices for both years.

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