Balanced Housing Market
Housing demand in the province has now almost fully recovered from the downturn recorded in 2012. However, the spillover effect of a sluggish provincial economy and stalled employment growth over the past year will likely constrain housing demand over the next few quarters.
A more robust economy is expected to put housing demand back on an upward trajectory during the second half of the year and through 2015.
While 2013 was the second consecutive year of...
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