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The Calgary Real Estate Board says rising interest rates had little impact on last month's home sales, which reached a record level for July. (www.bnnbloomberg.ca)

submitted 1 year ago by [email protected] to c/[email protected]

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“Continued migration to the province, along with our relative affordability, has supported the stronger demand for housing despite higher lending rates,” said Ann-Marie Lurie, the board's chief economist, in a news release.

“At the same time, we continue to struggle with supply in the resale, new home and rental markets resulting in further upward pressure on home prices.”

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[–] hillsanddales 1 points 1 year ago

There's Winnipeg, Saskatoon, Regina, Edmonton, I'm sure more. Calgary was a bit slept on as bigger city though.