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  Market Outlook 2016

Though demand has been lower, supply has not increased very much, keeping prices fairly stable overall. It is anticipated that the lower end of the market will be more active than the higher end in 2016, with first and second-time buyers driving demand.

  2016 Market Trends Report

Calgary had a slow start to the spring real estate season as oil prices dipped in January, making buyers and sellers hesitant to enter the market. Once oil prices showed signs of beginning to recover, there was a corresponding uptick in real estate activity as well.