Slightly improved outlook forecast for Canadian real estate market

Nicholas Wallwork

Nicholas Wallwork

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The Canadian Real Estate Association (CREA) has revised its forecast slightly for real estate sales activity for 2011 and 2012. National sales activity is now expected to reach 441,100 units in 2011, a decline of 1.3% from 2010, but a slight improvement from the 1.6% decline forecast by CREA in February. In 2012, CREA forecasts [...]

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