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Calgary’s Housing Market Continues to Thrive Despite Rising Affordability

Jan 13, 2024  
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Calgary's housing market has seen significant growth, but its affordability advantage is decreasing as the share of household income dedicated to home ownership has risen to 47.6%. Affordability issues are more severe in Vancouver and Toronto. By 2023, less than half of Canadian households will be able to afford a home. However, affordability is expected to improve slowly into 2025, and Calgary's housing market is predicted to continue thriving.

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