Monday, 12 January 2015

Calgary housing market

       Calgary housing 

Sights of an economic slowdown in Alberta are starting to appear.  A weak real estate market in Calgary and waning consumer confidence are early manifestations of collapsing crude prices in Canada’s oil industry . The province’s status as a jobs juggernaut may also be dissipating for some. In a separate report last week, Canada Mortgage and Housing staff reported new housing construction starts in January fell 10 % in the western provenience  of Canada. .

I love the western parts of Canada including the mountain areas. It is also good to hear that oil prices are dropping which is good for your cars. Softening housing my  not be the right idea for the economy in this situation.