Single-family home sales to be hampered by rising prices, says CREB

Many buyers in Calgary’s resale real estate market faced sticker-price shock in 2023 amid rising prices for single-family detached homes, and a new forecast is predicting that buyers will continue to face rising prices in 2024. Calgary Real Estate Board released its 2024 forecast last month predicting modest sales growth and moderately rising prices driven by continued strength in the economy and short housing supply that should slowly improve with more new homes constructed. Read More

from Calgary Herald https://ift.tt/wpc7P2X
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