CREB has released their 2016 Economic Outlook and Regional Housing Market Forecast. In this document they outline their forecast of the next year and go into depth on the following topics:
- The global economy
- Interest rates
- The energy sector
- The local economy
- Employment
- Population growth
- Calgary housing market, including rentals, resale and new builds
- Surrounding area housing markets.
This is a fantastic read for anyone interested in local real estate and has some great insights into what we may expect in the coming year. If you would like to read the full report please check it out here.