Housing price drop in Calgary expected to ease through 2020, CREB says

A new annual report on real estate in the City of Calgary says conditions are expected to smooth out in the market but the outlook is continuing to favour the "cautious consumer." The Calgary Real Estate Board (CREB) released its 2020 housing forecast Tuesday and says there are a number of different factors that are expected to help the market grow throughout the year. "Job growth, combined with recent easing in mortgage rates and price declines, is starting to bring some purchasers back into th