Recap: CREB 2016 Forecast

Today CREB (Calgary Real Estate Board) held their annual forecast of the real estate market in Calgary. If you were there, or watching the tweets online from #creb16, you might be left with an uneasy feeling about what’s to come this year. However, if you look at the real figures and forecasts for 2016, you might not be so pessimistic about the kind of year we’re going to have here in Calgary. Some of the highlights from the CREB 2016 Forecast: Resale activity to remain relatively the same. Today, CREB stated that resale housing market activity would decline this year, but from 18,830 in 2015…