Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Canadian 2014 Housing Forecast: Fewer Starts, Flat Sales
Jun 2, 2014
 Printable format
 Email this Article
 Search

While the economy continues to support new home building activity, in Canada, builders are expected to continue adjusting their activity in order to manage inventory levels, according to the second quarter 2014 Housing Market Outlook, from the Canada Mortgage and Housing Corporation (CMHC).

“Builders are expected to continue to manage their starts activity in order to ensure that demand from buyers seeking new condominium units is first channeled toward unsold completed units or unsold units that are currently under construction,” said Mathieu Laberge, Deputy Chief Economist for CMHC.

On an annual basis, housing starts are expected to be in the range of 172,300 to 189,900 units in 2014, with a point forecast of 181,100 units, which is down from 187,923 units in 2013.

In 2015, housing starts are expected to in the range of 160,600 to 203,600 units, with a point forecast of 182,100 units.

Multiple Listing Service sales are expected to be between 428,100 and 487,700 units in 2014, with a point forecast of 457,900 units. That will be virtually unchanged from 2013's 457,338.

2015 sales are expected to be in the range of 441,800 to 500,400 units, with an increase in the point forecast to 471,100 units.

Back to Daily News

 

Daily News

...........................................................

Dec 22, 2014: Whirlpool headquarters improvements start a new phase

Dec 22, 2014: DOE's Building Technologies Office releases Roadmap for Emerging HVAC Technologies

Dec 22, 2014: Variable-speed circulation pump enables new Miele lab washers

Dec 22, 2014: The latest retail data breach: Staples

Dec 22, 2014: Consumer Spending Index is at its highest point of the year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows