December sales improved to levels more consistent with activity recorded over the past five years. This follows weak sales activity last year. A stronger second half in 2019 was enough to push annual sales up by one per cent. “Price declines, lower mortgage rates and some modest improvements in full-time ...
Continue ReadingSince the oil price crash, Calgary has faced job losses, wage reductions and tightening national housing policy. These factors have all contributed to the slower sales environment, excess supply and citywide price adjustments of more than 10 per cent. However, as Calgary moves into the sixth year of this cycle, ...
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