Market Update January 2017

January market improves over last year  January market improves over last year   For the fourth consecutive month, housing inventory levels have recorded year-over-year declines. At 4,112 total units, January’s inventory was 18 per cent below last year’s levels.  “While housing conditions continue to favour buyers, a slow transition toward more balanced conditions is helping

Continue Reading →

January 2016 Market Report – What’s Going On?

Calgary’s housing market is starting 2016 firmly in buyers’ market territory, much the same as last year ended. “The recent slide in energy prices has raised concerns about near- term recovery prospects for the city,” said CREB® chief economist Ann-Marie Lurie. “Energy market uncertainty and a soft labour market are weighing on many aspects of

Continue Reading →