I was at the CREB Forecast this morning and the here is the general housing forecast for 2015:
Housing sales are forecasted to ease by four per cent this year, due to market uncertainty and changes in economic climate, while prices are expected to remain relatively stable with a modest increase of 1.58 per cent on an annual basis, CREB said today in its annual forecast.
If you have any questions or for a copy of the forecast, please do not hesitate to contact me.
Condominium and townhouse sales set a new record for 2014
It was a record setting year for Calgary?s condominium apartment and townhouse sectors, as sales reached new annual highs despite year-over-year residential sales declines of 7.5 per cent in December.
Single family sales totaled 708 units in December, a year-over-year decline of 8.3 per cent. Meanwhile, total condominium sales also declined by six per cent over the same time frame, but overall activity remained consistent with long-term ...
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