MEDIA RELEASE: Economic challenges to affect Calgary’s housing market in 2019
Posted on Jan 30, 2019 in News
Calgary, Jan. 30, 2019 –The challenging economic climate in Calgary is expected to persist into 2019.Easing global oil prices, concerns regarding market access and easing investment activity are weighing on the energy sector and are expected to slow growth prospects in the province this year."Slowing growth, weak job prospects and lack of confidenc...
post content goes hereMedia Release CREB®
Posted on Aug 16, 2018 in News
Mid-year market update: economic conditions continue to weigh on housing City of Calgary, Aug. 15, 2018 – Stricter lending criteria, higher rates and a slow economic recovery weighed on housing demand over the first half of 2018.This is causing sales to ease more than originally anticipated."Easing sales combined with rising inventories has pushed...