* Starts are seen at 160,250 units for 2009
* Would be first time below 200,000 in seven years
* Existing home sales, prices also seen falling
* Slight rebound seen in 2010
(Adds details)
By Ka Yan Ng
TORONTO, Feb 19 (Reuters) – New home construction in Canada is expected to drop by 24 percent this year as part of [...]
In 2009 the Montreal Real Estate market will become gradually more balanced, according to the CMHC 2009 market forecast.
Given that sales will fall and listings will rise, the market will ease slightly over the coming year. Average resale prices will continue to increase, but more slowly than in recent years.
A higher proportion of condominium sales [...]