2010 mid-year forecast

Even before 2010 started, many predicted a strong first half of price gains and activity followed by a slower second half of the year. Canada's market would be nothing like the U.S.

That's been the case so far, but some have been surprised by the amount of inventory available and buying activity around the country. What happens now when the Harmonized Sales Tax (HST) comes into effect in Ontario and British Columbia, as well as when interest rates rise as expected?

That's what we asked experts around the country, getting their thoughts on whether the market is headed for a smooth finish or bumpy one to close the year.

While all agreed the real estate market was likely to temporarily slow at the midpoint this year, some experts at least felt it was only a setup for a stronger 2011.

For the full article (including input from several industry experts such as Don Campbell) pick up a copy of the July issue, on newsstands now.

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