[ExiledFlamesFan]

Originally Posted by kevman

WTI was ~$65 in June 2007
One year later it was ~$135 in June 2008
An increase of 107% in a year
http://www.fedprimerate.com/crude-oil-price-history.htm

In that same time Calgary house prices fell 7% from a median of 439k to 408k.

Where is the immediate correlation there?

Honest question. Do you understand what a crash is? I'm not trying to be a dick.