When housing market forecasting goes wrong, we all suffer
Article content Canada Mortgage and Housing Corp. (CMHC) recently revised its housing market forecast to acknowledge that housing sales and prices are more likely to increase in 2021 than decline, as it had previously projected. Many wonder why CMHC stayed with its bleak May 2020 forecast for so long, especially when housing markets and the economy started to march to a different tune as early as the following month. We apologize, but this video has failed to load. Try refreshing your browser, or When housing market forecasting goes wrong, we all suffer Back to video But CMHC was not alone ...
Source: vancouversun.com