房价会涨还是会跌？
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Only believing data!
The price of houses is up and down depends on so many factors. I don't think that is a good way to review the house price based on short term. The most trusting data is from long run. From this angle, from 1990 to 2000, the price of Single house increased $10,000 per year based on a $200,000 you spent in 1990, that means you bought a house in 1990 using $200,000, and now, it worths $300,000.
The price of houses is up and down depends on so many factors. I don't think that is a good way to review the house price based on short term. The most trusting data is from long run. From this angle, from 1990 to 2000, the price of Single house increased $10,000 per year based on a $200,000 you spent in 1990, that means you bought a house in 1990 using $200,000, and now, it worths $300,000.
HerbTea
蓝钻长老
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Canadian Housing Starts Expected to Fall in 2004
15:26:45 GMT 18-Nov-2003
OTTAWA (Reuters) - The Canadian Mortgage and Housing Corp.
on Tuesday forecast a cooling down in the sizzling domestic
housing market next year, with housing starts set to slide from
this year's likely 14-year high.
The state agency said it expected 204,100 housing starts in
Canada in 2004, below the expected level of 218,500 in 2003.
But the corporation said the housing market would remain
strong, with the rise in house prices continuing to outpace
overall inflation rates both this year and next.
"Consumer confidence remains high and mortgage rates are
extremely low. These factors, combined with recovering
employment growth will contribute to the strong performance of
the housing market in 2004," said CMHC Chief Economist Bob
Dugan.
"However, a better balance between listings and sales in
the existing home market as well as expected rising mortgage
rates will ease the pace of new home construction next year."
The corporation said the average price of existing homes
will rise 9.3 percent this year and 4.8 percent in 2004.
A strong housing market has been one of the main driving
forces behind the Canadian economy amid low borrowing costs and
strong demand for homes.
Housing starts rose 2.2 percent in October to an annual
rate of 237,200 units from a revised 232,200 units in
September, the CMHC said last week.
($1=$1.31 Canadian)
http://www.cbc.ca/reuter/20031118/AIYXBDWM.html
15:26:45 GMT 18-Nov-2003
OTTAWA (Reuters) - The Canadian Mortgage and Housing Corp.
on Tuesday forecast a cooling down in the sizzling domestic
housing market next year, with housing starts set to slide from
this year's likely 14-year high.
The state agency said it expected 204,100 housing starts in
Canada in 2004, below the expected level of 218,500 in 2003.
But the corporation said the housing market would remain
strong, with the rise in house prices continuing to outpace
overall inflation rates both this year and next.
"Consumer confidence remains high and mortgage rates are
extremely low. These factors, combined with recovering
employment growth will contribute to the strong performance of
the housing market in 2004," said CMHC Chief Economist Bob
Dugan.
"However, a better balance between listings and sales in
the existing home market as well as expected rising mortgage
rates will ease the pace of new home construction next year."
The corporation said the average price of existing homes
will rise 9.3 percent this year and 4.8 percent in 2004.
A strong housing market has been one of the main driving
forces behind the Canadian economy amid low borrowing costs and
strong demand for homes.
Housing starts rose 2.2 percent in October to an annual
rate of 237,200 units from a revised 232,200 units in
September, the CMHC said last week.
($1=$1.31 Canadian)
http://www.cbc.ca/reuter/20031118/AIYXBDWM.html
