“Calgary’s housing market has finally started to recover,” said Ann-Marie Lurie, the Calgary Real Estate Board’s (CREB) chief economist. “While prices remain shy of the highs recorded in 2007, this is a move in the right direction.”

Much of the sustainable recovery is fuelled from the growth in the energy sector, spilling over into all aspects of our economy, including housing, Lurie said. “There is no question employment and migration growth has supported housing demand, a trend... Keep Reading