Calgary's hot housing market spurs expansion of home search app beyond Toronto, Vancouver

“The demand for housing remains robust, bolstered by a healthy labour market and increased migration levels, which helps offset the impact of higher lending rates,” CREB’s chief economist Ann-Marie Lurie said in a report on July 4. “Although we have seen some recent improvements in new listings, particularly for apartment condominiums, it is not enough to cause any substantial change from the low inventory situation in our city.

“The Calgary market has been very, very active,” he said. “There’s a lot of economic opportunity in Calgary that is attracting Canadians to the area and this made it a natural next step for HouseSigma to be our next expansion efforts. When we see a very active market, where there’s a lot of offers, there’s a lot of bidding wars, having additional information can be a significant asset .”“You can filter everything by what you want and what you don’t want.

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