Calgary’s Resale Housing Market: The Overview
Posted by ROSS Magazine on
Calgary’s Resale Housing Market: The Overview
By Mario Toneguzzi
It won’t be another record year in 2022 for Calgary’s resale housing market but MLS activity is expected to remain stronger than levels experienced in recent years.\
Ann-Marie Lurie, the Calgary Real Estate Board’s Chief Economist, is forecasting overall prices in the residential market to increase by 4.46 per cent in 2022 compared to last year’s hike of 8.25 per cent with overall sales dipping to 25,598 from the record high of 27,686 in 2021.
In her annual forecast report, Lurie says the residential real estate market in the Calgary region is being supported by strong economic fundamentals.
Citing the Conference Board of Canada, Lurie says Alberta can expect annual GDP…
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