CREM posted on February 03, 2009 00:07
Over the past two years, the real estate market in Western Canada has boomed as oil revenue and demand blows out the housing inventory in Calgary and Edmonton. Now the high prices in these large cities have started to drive up housing costs in second-tier cities. In part one of ‘Boom towns’, Wayne Karl examines the trends, infrastructure and economic climate of the west as it relates to the property market. In parts two and three in upcoming issues, he’ll look at the central and eastern Canadian markets
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