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Housing prices to ease in second half, CREB® forecasts

July 30th, 2015

Housing prices to   ease in second half, CREB® forecasts

Continued weakness   in housing demand will limit downward pressure on supply levels and cause prices to ease in the second half of the year, CREB® said in its 2015 mid-year forecast. Despite this anticipated retraction, Calgary’s benchmark prices are only expected to decline by less than one per cent on an annual basis ...

June sales consistent with typical levels

July 2nd, 2015

Calgary inventory levels ease

Calgary, July 2, 2015 -

Despite the 18 per cent year-over-year decline in June home sales, for a total of 2,183 units, transaction levels remain only five per cent below the 10 year average for June and three per cent above levels over the past five years.

"We’ve seen less concern from consumers lately," said CREB® president Corinne Lyall. "One of th ...