Spring 2013 Housing Market Outlook for St. Catharines & Niagara
The spring 2013 statistics have been released by the Canada Mortgage & Housing Corporation.
Market at a Glance:
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MLS sales will drop in 2013 but recover robustly in 2014. The average resale price will show a slight increase in 2013 but grow more firmly in 2014.
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Housing starts, on an annual basis, will decline in 2013 but will grow moderately in 2014.
- Imrpoving economic conditions and continued price gains will stimulate both demand and supply in 2014.
- Growth in total employment will continue to outpace labour force growth resulting in a drop in the unemployment rate in 2014.
Click on link below for more details
Housing Market Outlook - Niagara Edition - Q2 2013
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Unit# 200 – 1335 Carling Ave.
Ottawa, Ontario
CanadaK1Z 8N8
Office: 613-725-1171
Toll Free: 1-800-307-1545
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