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Economic forecast 2012: Meet the challenges
October 2011
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Craig Alexander, Senior Vice-President and Chief Economist, TD Bank Group, says moderate economic growth implies inflation will remain contained. Low interest rates favour the real estate sector, however, the economic climate isn't likely to support strong increases in rents. View his video commentary.
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Ted Tsiakopoulos, Ontario Regional Economist, Canada Mortgage and Housing Corporation (CMHC) offers good news for landlords and property managers: it will be easier to fill units over the next year as vacancies move lower and there are definite factors to support rental demand. Find out what they are... View his video commentary. |
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Benjamin Tal, Managing Director/Deputy-Chief Economist, CIBC, foresees a stagnating housing market in which supply and demand will meet “maybe five or seven years from now.” The fundamentals – interest rates, business confidence, inflation – inspire bullishness about the rental sector. View his video commentary. |
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