Calgary Real Estate 2017 Market Download Report with Denis Hrstic
3% per cent annual decline recorded in 2016.
Price Forecast 2017: expected to be 0.8 per cent higher than levels recorded in 2016.
City-wide semi-detached prices have declined by 5.49% per cent since
Townhome (Row) prices declined by 4.8%
Price Forecast 2017: expected to be 0.4 per cent higher than levels recorded in 2016.
Oversupply in the apartment market has pushed prices down by 11 % over past 18 or so months. While the oversupply scenario may start to ease by the end of 2017, it will likely persist for most of year and cause prices to contract by another two per cent.
Price Forecast 2017: Prices DOWN by another two per cent.
Calgary Real Estate 2017 Market Forecast #buy #RealEstate in #Canada
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