CHMC and Conf. Board on housing starts and sales
In its latest outlook, Canada Mortgage and Housing Corp.says the pace of housing starts will slow slightly this year and next. The federal agency says the effect of lower oil prices and low interest rates on the housing market remains uncertain. The second-quarter forecast calls for between 166,540 and 188,580 housing starts this year and between 162,840 and 190,930 in 2016. Sales though MLS  are expected to range between 437,100 and 494,500 units in 2015, while the average MLS price is forecast...
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