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Q4 - 2010 Presentation - Boardwalk REIT

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Saskatchewan ForecastSaskatchewan Forecast Summary2006 2007 2008 2009 <strong>2010</strong>f 2011fEconomyGDP Growth -1.0% 3.6% 4.2% -6.1% 3.0% 3.2%Employment Growth 1.7% 2.1% 2.2% 1.5% 1.3% 1.9%Net Migration -1,562 9,287 10,480 11,251 12,000 12,300Retail Trade ($ millions) $11,495 $12,984 $14,360 $14,036 na naNew Home MarketSingle-detached Starts 2,689 4,017 4,518 2,829 3,850 3,600Multi-family Starts 1,026 1,990 2,310 1,037 1,325 1,300Total Starts 3,715 6,007 6,828 3,866 5,175 4,900Resale Market*Total MLS Sales 9,140 12,054 10,194 10,856 10,500 10,800Average Price $132,078 $174,405 $224,592 $233,695 $239,900 $246,200Source: CMHC Forecast, Statistics Canada * Total ResidentialUpdated <strong>Q4</strong>, <strong>2010</strong><strong>Boardwalk</strong> <strong>Boardwalk</strong> Real Estate Real Estate Investment Investment Trust Trust www.<strong>Boardwalk</strong><strong>REIT</strong>.com 17

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