Canada Mortgage and Housing Corporations

Canada Mortgage and Housing Corporations: The Canada Mortgage and Housing Corporations latest quarterly forecast predicts lower sales volumes for 2015, with 163,000 to 203,200 homes expected to be built. The lower end of that forecast is below the 179,600 to 189,900 new homes expected by the end of this year. MAP: House prices across Canada , according to CBC. Add it all up, and the housing agency calls for a "soft landing" in housing a term used by economists to describe a housing market that slowly cools down without ever experiencing a jarring, sudden large drop in prices, sales or new builds. Prices will tick higher Canada national housing agency says it expects builders to stop making as many new homes and focus on selling the ones they've already built. The low end of that range is itself a slowdown from 2013, when 187,923 new Canadian homes were built. (www.immigrantscanada.com). As reported in the news.