{"id":1015,"date":"2014-04-08T12:02:28","date_gmt":"2014-04-08T19:02:28","guid":{"rendered":"http:\/\/www.ingridjarisz.com\/blog\/?p=1015"},"modified":"2014-04-08T12:02:28","modified_gmt":"2014-04-08T19:02:28","slug":"no-bubble-trouble-genworths-predictions-for-the-canadian-condo-market","status":"publish","type":"post","link":"https:\/\/www.ingridjarisz.com\/blog\/no-bubble-trouble-genworths-predictions-for-the-canadian-condo-market\/","title":{"rendered":"No bubble trouble: Genworth\u2019s predictions for the Canadian condo market"},"content":{"rendered":"<p><strong><a href=\"http:\/\/news.buzzbuzzhome.com\/2014\/04\/no-bubble-canadian-condo-market.html\" target=\"_blank\"><\/a>Victoria<\/strong><a href=\"http:\/\/www.ingridjarisz.com\/blog\/wp-content\/uploads\/2014\/04\/SaywardHillTe738-303_0.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"alignright size-medium wp-image-1016\" alt=\"SaywardHillTe738-303_0\" src=\"http:\/\/www.ingridjarisz.com\/blog\/wp-content\/uploads\/2014\/04\/SaywardHillTe738-303_0-300x225.jpg\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.ingridjarisz.com\/blog\/wp-content\/uploads\/2014\/04\/SaywardHillTe738-303_0-300x225.jpg 300w, https:\/\/www.ingridjarisz.com\/blog\/wp-content\/uploads\/2014\/04\/SaywardHillTe738-303_0.jpg 1024w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>Declining economic output and employment rates curbed growth in 2013, limiting demand for condos. Though with an improving economy, modest improvement is expected for 2014, lifting sales by about 2 per cent. Active condo listings dropped 9.5 per cent in 2013 and the report suggests a further 15 per cent drop is on the horizon for 2014 as sellers remain wary. As the market tightens, the median price should rise nearly 3 per cent. Condominium starts fell 16 per cent to\u00a0513 units in 2013 and are forecast to rise only slightly\u00a0in 2014. Modest increases\u00a0are expected between 2015 and the end of the forecast\u00a0in 2018. But even then, starts are predicted to remain\u00a0less than half of peak levels.<\/p>\n<p>Read the Full Report here: <a href=\"http:\/\/news.buzzbuzzhome.com\/2014\/04\/no-bubble-canadian-condo-market.html\" target=\"_blank\">http:\/\/news.buzzbuzzhome.com\/2014\/04\/no-bubble-canadian-condo-market.html<br \/>\n<\/a><br \/>\n&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Victoria Declining economic output and employment rates curbed growth in 2013, limiting demand for condos. Though with an improving economy, modest improvement is expected for 2014, lifting sales by about 2 per cent. Active condo listings dropped 9.5 per cent in 2013 and the report suggests a further 15 per cent drop is on the<a href=\"https:\/\/www.ingridjarisz.com\/blog\/no-bubble-trouble-genworths-predictions-for-the-canadian-condo-market\/\" class=\"read-more\">&nbsp; Continue Reading &raquo;<\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,33,58,8,4],"tags":[59,10,36,66,15,35,54,67,13,53],"_links":{"self":[{"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/posts\/1015"}],"collection":[{"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/comments?post=1015"}],"version-history":[{"count":10,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/posts\/1015\/revisions"}],"predecessor-version":[{"id":1026,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/posts\/1015\/revisions\/1026"}],"wp:attachment":[{"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/media?parent=1015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/categories?post=1015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/tags?post=1015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}