Business in Calgary - February 2022

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CALGARY RESALES: 2022 // REAL ESTATE

CALGARY RESALES:

BY PARKER GRANT

STILL BOOMING, BUT…

2022 D

espite a few minor, year-end glitches, Calgary’s beyond-expectations, hot market real estate good news continues, particularly for resales. But experts caution that Calgary (and Canadian) real estate may be headed for some 2022 speedbumps. According to respected and knowledgable Corinne Lyall, broker and owner of Calgary’s Royal LePage Benchmark and past president of the Calgary Real Estate Board, Calgary’s booming resale market, which (according to CREB Q4 stats and figures from last fall) continues with strong momentum. “The market was even more active in some cases in the last quarter of 2021, partially because buyers tried to lock in before interest rates are forecasted to rise this year.”

BUSINESSINCALGARY.COM // BUSINESS IN CALGARY // FEBRUARY 2022

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