Canada's housing market cooling, but maybe not so much in Calgary

📆 31/08/2022 1:30 a. m.
📰 CTVCalgary

⏱ Reading Time:
21 sec. here
2 min. at publisher
📊 Quality Score:
News: 12%
Publisher: 68%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

Recent data says Canada's housing market is cooling from a peak earlier this year with declines expected through the rest of the year, but some experts say Calgary will be shielded from extreme price decreases.

According to a TD Economics report, average home prices declined between February and July by more than five per cent in Alberta, more than 10 per cent in B.C. and about 15 per cent in Ontario.

Local brokers say real estate in Calgary experienced a surge in early spring, and demand has come down. Terry Weed is looking to downsize from his Auburn Bay home, in search of a smaller attached dwelling in Calgary's inner city. Derek Cook listed his investment property in southwest Calgary in February, but decided to sell it months later for about 10 per cent less than the initial asking price.

Escribir Comentario

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Worth Repeating: Young employees enjoy premier’s recent visit to Truro's Avery’s Farm Market | SaltWireTRURO, N.S. — You might say ‘good things happen to good students.’ Take Wilson Paluch, the 2022 graduate of Cobequid Educational Centre (CEC) has been an ...
Fuente: SaltWire Network - 🏆 45. / 63 Leer más »