[cmyden]

Originally Posted by hulkrogan

CMHC painting a rosy picture for Calgary:

Prices up year over year beginning in '10

Mike Fotiou posted a piece on the CHMC forecasts in his blog today:

http://calgaryrealestatereview.com/2...-2010-edition/

I like the bit at the bottom:

Here’s a cheat sheet to help you pass CMHC Economics 101:


Low inventory + High Demand = Price Increase



Increasing Inventory + Decreasing Demand = Price Increase



High Inventory + Low Demand = Price Increase