
CREB mid-year market update
July 22nd, 2019
Modest supply reductions may signal shift to balanced housing market by end of year
City of Calgary, July 22, 2019 – A struggling energy sector continues to weigh on the overall economy. Unemployment levels remain elevated and income growth remains weak.
However, Calgary continues to benefit from stable population growth fuelled by international migration and natural increases.
“With curre ...