The Canadian Real Estate Association released the MLS® System Statistics for July today and also revised its Resale Housing Forecast for the year. The national average home price is forecast to rise 7.2 per cent in 2011 to $363,500 while Saskatchewan is expected to post a 5.5% increase to $255,500.
The full Stats release is here and the revised forecast is here.
Any comments on where you see the market headed are welcome. Please use the "comment" button below to add your opinion.
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