CREB released their 2017 forecast report today, which outlined some general optimistic trends, including that Calgary’s apartment sector is expected to start to turn around this year. Home buyers can look forward to more balanced conditions in the condo market this year, thanks to stabilizing in the price and inventory of the sector. The attached […]
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Affordability rises again in the Calgary housing market
According to numbers released by the Calgary Real Estate Board (CREB) today, the average price of single-family homes and condos are slightly down again. “Overall sales activity relative to new listings caused a softening in absorption rates, which resulted in inventory gains and ultimately placed moderate downward pressure on pricing,” said CREB® chief economist Ann-Marie […]