CREB 2017 Forecast: Social Media Recap

Today, CREB hosted their annual forecast and tradeshow, shedding some light on what the housing market will bring this year. The CREB 2017 Forecast brought some great speakers, including keynote Manjit Minhas, and lots of insights were shared. The overall sentiment from the forecast is that 2017 will bring stability to Calgary’s housing market. Calgary’s housing market is expected to show signs of stability in 2017. City-wide sales are forecasted to total 18,335 units, a three per cent gain over 2016, but 12 per cent below long-term averages. This will help reduce supply levels and support some price stability in the second half of the…