Calgary to Buck National Trend

If you were waiting for a housing boom in Calgary, it ain’t gonna happen, at least not for a while. But Calgary and Edmonton will be among the very few centres in Canada that will show increases in sales and average selling price, says TD Economics in its latest housing market update.

Nationally, resale activity and prices are forecast to dive 15.2 and 10.2 per cent, respectively, during the next two years – and the biggest hits will come in Vancouver and Toronto. However, Calgary will again likely be bucking the national trend with slight hikes in both categories, says the market update.

Calgary Herald

On October 19th, 2011, posted in: Alberta Market by

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