2009 Real Estate Market Predictions by Royal LePage

“The going rate for housing in other central Canadian markets such as Ottawa and Montreal is anticipated to stay relatively flat.”

Forecast average housing prices for 2009 (% change from 2008)

Halifax $234,300 (+1%)

Montreal $254,400 (-1%)

Ottawa $291,000 (0%)

Toronto $364,800 (-4%)

Winnipeg $204,900 (+4%)

Regina $243,300 (+6%)

Calgary $402,000 (-1%)

Edmonton $333,000 (0%)

Vancouver $540,100 (-9%)

Canada-overall $295,000 (-3%)

Source: Royal LePage

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