Calgary housing market faced with severe shortage of listings

A severe shortage of listings keeps pushing Calgary house prices upwards with nothing on the horizon suggesting overall inventory levels of homes for sale in the city will be rising any time soon.

“What we’re living through is a bit of a rebirth of what happened unfortunately about seven years ago,” said Ted Zaharko, broker and owner with Royal LePage Foothills in Calgary. “I think we have a severe listings shortage in Calgary and district.

Read full story here.

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