Cooling Oil Market Doesnt Halt Rising Calgary Real Estate Prices

Cooling Oil Market Doesnt Halt Rising Calgary Real Estate Prices

Home sales stayed strong in November, rising 3.4 per cent from a year earlier, according to Calgary Real Estate Board data.

“It was a relatively strong month when we look at sales, listings, inventories. But definitely one that’s moderating,” said Ann-Marie Lurie, CREB’s chief economist. “We’re seeing a return to more balanced conditions and that’s easing some of the pressure on price growth, which is actually a good sign for Calgary’s market.”

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Phone: 403-605-3618
Dated: December 2nd 2014
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About Herman: “World traveler and sports enthusiast. Outside of work, I will usually be spending time with famil...

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