ACTIVE
SOLD
Price
Filters
RSS Feed

Strong Consumer Demand Driving Calgary Housing Market

Posted on by

Although additional resale housing inventory is expected to hit the Calgary market in the spring, a new real estate report says it will be absorbed by strong consumer demand.

 

The report by Sotheby’s International Realty Canada, released Tuesday, said the outlook for Calgary’s real estate market is positive based on key economic indicators and demand is being driven by low interest rates, tight rental and resale real estate markets and strong economic fundamentals.

 

Calgary’s marketplace demand is due to a number of factors including high incomes and strong net migration to the city.

Comments:
No comments

Post Your Comment:

Powered by myRealPage.com
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.