Spring 2016 market update

May 4th, 2016

Spring 2016 update

The city of Calgary is currently experiencing market conditions that we have not experienced since 2009-2010.  Shortly after the historic financial crisis in the US early in 2008, the price of oil collapsed and the Calgary real estate market had to adjust to slower activity and more cautious banking practices.  The effect was to slow down the market and increase the supply ...