Tide Continues to Turn
Metropolitan Monthly Monitors: Metropolitan Housing Starts November 2010
Metropolitan Monthly Monitors: Metropolitan Housing Starts November 2010
$50.00
- The number of CMAs posting negative short-term expectations is up from last month, especially in Atlantic Canada and Quebec.
- Overall, 19 of 27 markets are now posting negative short-term expectations.
- Moreover, for the first time since the index was first released a year ago, more than half of the CMAs are in the down-down quadrant.
- Weakness over the medium term will be particularly pronounced in Eastern Canada, where starts have been much higher than demographic requirements in recent years.
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