Jan. 28, 2016 | Barb Livingstone
Calgary quadrant's showing staying power with price resilience
Northeast Calgary bucked housing trends in the city in 2015 by seeing strong price increases in the resale residential market, as opposed to others where prices remained flat or dipped, according to CREB®.
And some in the industry expect the still-relatively affordable offerings in the city's "new north" may continue to make it the darling of this year's even tougher market.
CREB® numbers show the annual benchmark price (the price of a typical home year-over-year) in the northeast rose 7.05 per cent for detached homes in 2015. When attached and apartment units are included, the rise was 6.21 per cent.