“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