posted in General
at Thu, 07 Apr 2016 13:35:22 -0600
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 ...