Calgary Real Estate Alliance Blog: Calgary Real Estate News - Blog Archive: August, 2011

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August 2011

There are 2 blog entries for August 2011.

According to a press release from the Calgary Real Estate Board Calgary's housing market to continue its path to recovery.  

Single family home sales will lead the growth with an anticipated 8% increase in sales, while prices are expected to record only a moderate increase; keeping Calgary in a balanced housing market.

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Boosts in employment in Alberta over the last three months could result in increased housing sales across the province.

Canada’s unemployment rate fell 0.2% to the lowest level since December 2008 last month, putting more money into consumers’ pockets. Alberta was one of the lucky provinces that saw an overall rise in employed residents, while Ontario had an unfortunate decline.

The number of full-time jobs increased in Canada by about 25,000 over July, while the number of part-time jobs dropped by over 18 thousand. While this only places our unemployment rate down to 7.2 percent, it is still a welcome change for the 7,100 people who gained employment overall in July.

With an increased number of people employed in full-time jobs, there may well be

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