Leftbank condos prices. House prices in Calgary, Canada continue to fall. The Canadian York Forum reported on March 3 that in February this year, the real estate market in Calgary, Canada was still depressed, and resale prices fell for the fifth month in a row.Please Visit: Leftbank condos prices to Get Your VVIP Registration Today!
Resale prices fell 7% in February 2016 compared with the same period last year, down 37% from last year’s long-term average, the Calgary Real Estate Bureau reported on Tuesday. The benchmark price for home sales also fell to C $445000, down 3.5 per cent from the same period last year.
Ann-Marie Lurie, chief economist of the Housing Bureau, said that the housing market is depressed mainly because the current economic environment does have an impact on housing demand. In the past eight months, unemployment in Calgary has risen sharply, reaching 7.4%. Lurie said that according to the current situation, the real estate market in Calgary will remain in the doldrums.