Real estate markets and the stock market are two of the biggest emotional stimuli for investors. When the markets go up, euphoria ensues. When the housing market crashes, panic and fear spread like an exploding dye pack in a stolen bag of money.

What are the forecasts and predictions for the Canadian real estate market in 2011?

CREA and Canadian Real Estate Forecasts for 2011

The Canadian Real Estate Association is one of the most sought after sources for housing and real estate predictions. This agency has a wide scope of activity and responsibility that allows it to calculate housing statistics better than some smaller associations.

CREA asserts that not all provinces will feel the effects of fluctuating real estate prices equally. Some provinces will have a more profound move in housing prices than others. Here is one of their predictions:

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