Resale market pace likely to ease in 2013

Expect a balanced market when buying or selling a resale home in Calgary this year, say housing industry experts.

“We expect to continue to see moderate growth, but not at the pace that we saw last year,” says Ann-Marie Lurie, chief economist of the Calgary Real Estate Board. “We continue to be fuelled by migration and employment growth, but those paces are expected to ease from levels we saw in 2012.”

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