The Calgary real estate market is in flux.
There have been recent warnings of a market correction, and now word that building permits on single-family and two-family homes fell 37.1 per cent in 2015.
Even with the recent downturn, buying a detached house in Calgary is still expensive. The average price last month was $526,758, according to the Calgary Real Estate Board.
For most in the city, their home is their single biggest investment and the one which matters most.
But whether you own a home or are considering buying or selling a home, recent market fluctuations and trying to figure out what comes next can be confusing.
Don Campbell is the senior analyst with the Real Estate Investment Network, and author of many books on buy and selling
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