Forecasts '09 - Part One

Seems everyone is starting to roll out with their annual market predictions, and I'll make an effort to catalogue them here and we'll review them as the year goes on.

Royal Lepage -

                     2009        2008
Market    09/08%   Forecast   Projected     2007       2006
-------------------------------------------------------------
Halifax     1.0%   $234,300    $232,000   $216,339   $203,178
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Montreal   -1.0%   $254,400    $257,000   $246,500   $215,659
-------------------------------------------------------------
Ottawa      0.0%   $291,000    $291,000   $273,058   $257,481
-------------------------------------------------------------
Toronto    -4.0%   $364,800    $380,000   $377,029   $352,388
-------------------------------------------------------------
Winnipeg    4.0%   $204,900    $197,000   $163,500   $151,983
-------------------------------------------------------------
Regina      6.0%   $243,300    $229,500   $165,613   $131,851
-------------------------------------------------------------
Calgary    -1.0%   $402,000    $406,000   $414,066   $346,675
-------------------------------------------------------------
Edmonton    0.0%   $333,000    $333,000   $338,636   $250,915
-------------------------------------------------------------
Vancouver  -9.0%   $540,100    $593,500   $570,795   $509,876
-------------------------------------------------------------
Canada     -3.0%   $295,000    $304,000   $307,265   $276,974
-------------------------------------------------------------

Re/Max -

                     2009       2008
Market    09/08%   Forecast   Projected    2007       2006
-------------------------------------------------------------
Halifax     0.0%   $233,000   $233,000   $216,339    $203,178
-------------------------------------------------------------
Montreal    2.0%   $262,000   $258,000   $229,902    $215,659
-------------------------------------------------------------
Ottawa      0.0%   $292,000   $292,000   $272,618    $255,889
-------------------------------------------------------------
Toronto    -2.0%   $376,000   $384,000   $376,236    $351,941
-------------------------------------------------------------
Winnipeg    2.0%   $212,000   $207,882   $170,502    $151,983
-------------------------------------------------------------
Regina      9.0%   $250,000   $230,000   $165,613    $131,851
-------------------------------------------------------------
Calgary     0.0%   $410,000   $410,000   $414,066    $346,675
-------------------------------------------------------------
Edmonton    0.0%   $335,000   $335,000   $338,636    $250,915
-------------------------------------------------------------
Vancouver  -7.0%   $545,000   $585,000   $570,795    $509,876
-------------------------------------------------------------
Canada     -2.0%   $293,000   $300,000   $307,265    $276,883
-------------------------------------------------------------

And just to be fair, my own fearless prognostications.

Yearly Average

                     2009  
Market    09/08%   Forecast     2008       2007        2006
-------------------------------------------------------------
Edmonton  -14.0%   $289,000   $335,853   $338,636    $250,915
-------------------------------------------------------------
SFH     -13.0%   $327,000   $375,952   $400,304    $292,829
-------------------------------------------------------------
Townhome-13.0%   $272,000   $312,812   $329,180    $241,793
-------------------------------------------------------------
Condos  -17.0%   $211,000   $254,296   $258,120    $185,131
-------------------------------------------------------------
Canada     -4.0%   $288,000   $300,000   $307,265    $276,883
-------------------------------------------------------------

One year from now...

           Dec     Dec 2009   December   December   December
Market    09/08%   Forecast     2008       2007       2006
------------------------------------------------------------
Edmonton  -16.0%   $261,000   $310,974   $329,70    $294,155
------------------------------------------------------------
SFH     -15.0%   $299,000   $351,870   $382,022   $341,933
------------------------------------------------------------
Townhome-15.0%   $249,000   $292,893   $306,967   $295,178
------------------------------------------------------------
Condos  -18.0%   $192,000   $234,286   $253,270   $227,428
------------------------------------------------------------
Canada    -11.0%   $276,000   $310,000   $280,000   $255,000
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