HOT OFF THE PRESS! Fall 2010 Kelowna Housing Forecast just released by CMHC ~ Good news for 2011!
By Jaime Briggs, REALTOR®
www.BriggsOnHomes.com
Monday November 15, 2010
This is HOT off the press! The 2010 Kelowna Housing Market Forecast has just been released by CMHC (Canadian Mortgage & Housing Corp).
Here are some of their highlights:
• Demand for new and existing homes is forecast to pickup in 2011.
• Sales of existing homes will increase next year, buoyed by favourable interest rates, strong price competition among sellers and an ample supply of listings available for sale.
• Expect existing home prices to edge up as demand improves and the supply of listings is drawn down.
Read more by downloading the whole article by clicking the link at the bottom, or go to their full article here.