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Linda James
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Calgary Real Estate Concierge Blog

By Linda James

Follow us and stay informed on the current real estate trends, listings and market information

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Thursday, April 7, 2016 - Housing prices trend down in March

Unemployment impacting housing activity Calgary?s benchmark price totaled $442,800 in March, a 0.49 per cent decline over February and 3.51 per cent lower than levels recorded last year. ?With no improvement in the labour market, it?s no surprise that we continue to face downward pressure on housing sales activity and prices,? said CREB® chief economist Ann- Marie Lurie. ?Provincial unemployment rates are at the highest level recorded since the early ?90s.? Calgary?s unemployment rate in ...
posted in General at Thu, 07 Apr 2016 13:35:22 -0600

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