Calgary home sales, prices and construction drastically down due to pandemic: CMHC report

Experts predicted the numbers would be bad and a new report says they were right — according to the Canada Mortgage and Housing Corporation (CMHC), Calgary’s real estate market is in for a rough ride in 2020.  The report, which examines the first half of the year and makes predictions for the rest of 2020 and as far out as 2022, shows sales, prices and housing starts are all taking a hit due to the global pandemic.  “COVID-19 has had unprecedented impacts on Canada&rs