However, escalating costs will
stabilize housing starts at 6,700 units this year and 5,750 units in 2009, says the report.
Not exact matches
Housing market looks like it is
stabilizing... indicating that the stimulus put in place by the central bank is
starting to work,» said Sameer Samana, global quantitative strategist at Wells Fargo Investment Institute.
After flattening out and then
stabilizing for a while, the
housing market is
starting to see an uptick.
This is the point where
house prices, even in hotter markets, will
start to slow down and
stabilize — at least, that's what the BoC predicts.
The
housing appreciation rates in our focus area are
stabilizing and, in some areas,
starting to rise slowly.
The industry welcomed many of those changes and believes that policymakers can take further steps that would
stabilize FHA single family programs,
starting with a rigorous look at the data driving the actuarial results and an open, robust discussion over the future of the government's role in
housing finance.»
It took until the end of 2011 before
housing markets finally
started to
stabilize.
Housing starts are forecast to
stabilize from 4,750 units in 2007 to 4,550 in 2008 and 4,500 in 2009.
Housing starts rebounded in the second half of 2009 and early 2010 and will
stabilize over the next two years, CMHC is forecasting.