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Real Estate Review: February 2019
March 4, 2019
Media release: Housing market feels the chill as oversupply continues by CREB on March 01, 2019 City of Calgary, March 1, 2019 – The effects of Calgary’s economic climate continue to create weak sales activity and elevated inventory in the city’s housing market. As a result, prices are being affected. “It is not a surprise tha... Read More
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City Council Mortgage Stress Test Motion
February 12, 2019
REVIVING CALGARY’S REAL ESTATE AND CONSTRUCTION INDUSTRIES MORTGAGE STRESS TEST MOTION By CREB on Feb 8, 2019 Earlier this week, Calgary City Council unanimously passed a Notice of Motion re: Reviving Calgary’s Real Estate and Construction Industries.The motion resolves to do the following: Request that Mayor Naheed Nenshi wri... Read More
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Real Estate Review: January 2019
February 7, 2019
CREB Media release: New year kicks off with slow sales City of Calgary, February 1, 2019 – As economic challenges linger into 2019, housing markets remain on a sluggish pace. January sales totalled 804 units, 16 per cent below last year and 21 per cent below long-term averages for the month. “The slow start to the year […]... Read More
