Experts have revealed that the Calgary housing market 2021 is likely to continue as a balanced market throughout the year, however we are presently in a dynamic sellers market, something Calgary hasn't witnessed for quite some time. The pressures of the pandemic are keeping inventory at persistently low levels, while low interest rates and those looking to move up out of smaller living situations are driving demand.
Some of the factors that will impact the housing market are economic issues that have struck the gas and oil sectors. Besides, the global pandemic has caused lockdowns and increased unemployment among other issues. For example this has led to the abolition of open houses.
In 2020, the Calgary housing market experienced a small rise in…
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