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Credit union economist forecasts higher sales and prices in record market expansion






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Brian Morton Vancouver Sun June 30, 2005 Think B.C.'s high housing prices are on the verge of a major correction? Think again, according to an economic forecast released Wednesday by the Credit Union Central of B.C. B.C. houses are predicted to fetch higher prices and sales volumes are forecast to increase both this year and in 2006, driven by low mortgage rates, rising in-migration, robust economic growth and improved consumer confidence. "I don't believe we're in a price bubble, so there's no ... (more)  

- link to Credit union economist forecasts higher sales and prices in record market expansion -
Last update: 08/04/2005





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