Report: Calgary’s housing market is getting...

A new report released by Alberta Treasury Board and Finance, shows that Alberta’s hsouing market is not only gaining strength, but it’s actually outpacing the rest of Canada. The report outlines several factors that were contributing to our strong real estate conditions: our economy growing at double the national rate, record numbers of migrants, last year’s flooding putting pressure on the housing market. As far as housing starts go in Alberta, they’re up almost 17% from last year, next to the dismal 1.9% increase the rest of the country is averaging. The resale market is also heating up in Alberta due to stronger demand, with…