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Real Estate Connect Speaker Profile

Learn the New Luxury Playbook at Luxury Connect | October 18-19 at the Beverly Hills Hotel

Donald Lawby, president of Century 21 Canada LP, started his career with the Century 21 system in 1976 as a sales associate in British Columbia. Lawby has expertise in foreign real estate markets as well as an eye toward the future. He will speak at Real Estate Connect in San Francisco, July 23-25, 2008. Lawby answered a set of questions posed by Inman News: What do you see happening in the real estate market in 2008? I believe the U.S. real estate market will continue to be depressed, similar to what we are seeing today. This will probably carry on into 2009. The Canadian market has slowed and we will probably see a year where the market will be down 7 to 10 percent in unit sales compared to 2007, with price increases somewhere in the area of cost-of-living plus 2 to 3 percent. Looking outside North America where I have experience -- basically the Asian markets -- I think in many areas they will continue to perform quite well for the balance of 2008 with inflation b...