Inventory levels rising in Calgary (CREB report)
September 9th, 2015
August sales activity falls below long-term averages
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Calgary’s residential resale housing market recorded further easing in absorption rates in August due to weaker sales activity.
Sales in the city declined by 27 per cent to 1,643 units last month relative to the same time last year, and 12 per cent below 10-year averages.
“Persistent we ...