Low inventory leads into housing's busiest selling season

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Low inventory leads into housing's busiest selling season
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Low inventory leads into housing's busiest selling season yyc yychomes

Yet Lurie says that demand is also picking up with sales growing in February growing over January this year — a trend expected to continue this month and into April.

In part, prices are affordable because of the economic downturn that preceded the latest oil and gas boom.Article content “If you go back to the early 2000s, Calgary was the second most expensive real estate market after Vancouver.” In February, the benchmark price was $286,000 for a resale condominium, an increase of more than 11 per cent year over year — making it the fastest growing segment by price.

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