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Calgary has most attractive housing affordability in Canada: RBC
CALGARY ` Calgary and Edmonton are the major Canadian cities where housing affordability is the most attractive, says a new real estate report released Friday.
But the RBC Housing Affordability report says signs are accumulating that the Calgary housing market is finally overcoming its protracted slump and entering a more vigorous phase.
`Home resales grew for the second consecutive time in the first quarter of this year, advancing the most since the middle of 2009,` says the report. `This helped remove even more of the earlier market slack and set a healthier balance between demand and supply.
Read the full article here.
CALGARY ` Calgary and Edmonton are the major Canadian cities where housing affordability is the most attractive, says a new real estate report released Friday.
But the RBC Housing Affordability report says signs are accumulating that the Calgary housing market is finally overcoming its protracted slump and entering a more vigorous phase.
`Home resales grew for the second consecutive time in the first quarter of this year, advancing the most since the middle of 2009,` says the report. `This helped remove even more of the earlier market slack and set a healthier balance between demand and supply.
Read the full article here.