Prices in Calgary\u0027s oil capital aren\u0027t likely to slump anytime soon. Experts explain why here
In an increasingly complex world, the Financial Post should be the first place you look for answers. Our FP Answers initiative puts readers in the driver’s seat: you submit questions and our reporters find answers not just for you, but for all our readers. Today, we answer a question about where Calgary real estate prices are headed.Article content
A host of factors will likely temper any sudden sharp decline in housing prices, though June sales activity, according to the Calgary Real Estate Board . Even though housing sales in Alberta have fallen from their record highs earlier this year, sales should remain closer to pre-pandemic levels than they will in either British Columbia or Ontario, thereby supporting tighter markets and stronger price growth, Toronto-Dominion Bank economist Rishi Sondhi said.Article content
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