Canada's housing market cooling, but maybe not so much in Calgary

Recent data says Canada's housing market is cooling from a peak earlier this year with declines expected through the rest of the year, but some experts say Calgary will be shielded from extreme price decreases. According to a TD Economics report, average home prices declined between February and July by more than five per cent in Alberta, more than 10 per cent in B.C. and about 15 per cent in Ontario. The report predicts Canadian house prices will further sink by almost 25 per cent off peak pric