http://www.bloomberg.com/news/2012-0...vere-drop.html
Quote:
Canada may be on the cusp of a“severe” housing correction as real estate investment surges above a tipping point relative to economic output, according to George Athanassakos, professor of finance at the Richard Ivey School of Business.
|
I think the "sever correction people" might be looking at Toronto / Vancouver more than Calgary. As long as oil prices remain where they are and no spike in interest rates I don't see Calgary doing much more than small changes up or down.