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CREB: Unemployment rate slows housing market recovery

September 4th, 2018

Media release: Unemployment rate slows housing market recovery

City of Calgary, September 4, 2018 – Easing sales, gains in new listings and elevated inventory levels continue to slow Calgary’s recovery in the housing market in August.

Persistent oversupply in the Calgary housing market continued to weigh on prices in August. Citywide benchmark prices edged down over previous months by 0.8 p ...