Karen Jardine
Email:
Sunday, January 23, 2011
- CREB Forecast Breakfast & Trade Show: PREDICTIONS?!
What is the 2011 Forecast?? Here is a short rundown on what CREB is predicting for 2011:
4.1% increase in Single Family Home Average Prices
1.8% increase in Condo Average Prices
I beleive we will have an increase of 2-3% in overall prices--mainly in the spring--flat for the remainder of the year.
The sales numbers forecasting was very agressive: an increase in sales in all sections has been forecasted:
Single Family Sales up 19.9%
Condo Sales Numbers up 15.8%
Town Sales up 13.5%
With an increase in sales, we can expect an increase in prices, so lets hope these sales numbers become reality!
For more details: http://www.crebforecast.com
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