The price index for new housing construction in Calgary has been registering a
linear upward movement since 2008. However, the resale market did not experience any
such smooth movement and notched up its peak status back in 2007.
According to the Calgary realtors, resale market has suffered a decline, at the rate of 1.6% since
2008. The prices of the single family home also plunged up to 44%.
On the other side, high-end houses in Calgary have been enjoying a significant
rise.
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The price index for new housing construction in Calgary has been registering a
linear upward movement since 2008. However, the resale market did not experience any
such smooth movement and notched up its peak status back in 2007.
According to the Calgary realtors, resale market has suffered a decline, at the rate of 1.6% since
2008. The prices of the single family home also plunged up to 44%.
On the other side, high-end houses in Calgary have been enjoying a significant
rise.
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