City’s resale market showing resilience

While residential sales continue to show double-digit growth compared to last year, the resale inventory is starting to decline because new listings are not keeping up with demand, says the Calgary Real Estate Board.

Nevertheless, the city’s resale market remains in balanced conditions because the ratio between sales and inventory is stable, show numbers from CREB’s monthly sales report.

Read more:  http://tinyurl.com/alv5yfa