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Tag Archives: oil price drop

Oil price plunge pulling Calgary’s housing market down with it

CALGARY, Alberta – A year ago, one of the hottest parts of Canada’s red-hot housing market was Alberta’s oil capital of Calgary, where cash-rich consumers fought for the fanciest home on the block. Now, a plunge in crude prices is pulling the housing market with it. While realtors in Calgary are loathe to admit the tide has turned, sellers are ...

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