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Calgary real estate board sees overall market stabilizing this year

CJME Wednesday, 11 January 2017
*By The Canadian Press*

CALGARY — The Calgary Real Estate Board says the city's housing market is expected to stabilize, with some prices forecast to rise this year.

In its 2017 forecast, the board says benchmark detached house prices are projected to climb by 0.8 per cent in 2017 after falling 4.7 per cent since oil prices began falling in 2014.

Benchmark condo prices are expected to fall another two per cent this year, though that comes after falling 11.3 per cent since the economic downturn began... // Read Full Article
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News video: Calgary Billionaire Lists His Mansion For Sale

Calgary Billionaire Lists His Mansion For Sale 01:10

Calgary billionaire Clay Riddell has listed his home in the city’s foothills for sale.

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