Calgary’s housing market renaissance has not been a steady process, as the overall improving trend in resale activity was inconsistent last year, says a report released today by RBC Economics Research.
But the city remains one of the more affordable housing markets in Canada.
The latest Housing Trends and Affordability Report said recent statistics, however, show that resales in the area stabilized in the first quarter of 2013 and that month-to-month gains were registered during the February to April period.
Calgary-area buyers continue to benefit from a strong provincial economy, accelerating population growth and attractive housing affordability in Canada.
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