Topic: Calgary housing market recovering: CREB

Calgary's housing market is on its way to recovery, the Calgary Real Estate Board said Tuesday, as housing inventory levels begin to stabilize later this year.

The board said in its 2011 forecast that low interest rates, unprecedented affordability and a large selection of inventory are expected to come together sparking a return to a more balanced and sustainable housing market.

Read more: http://www.cbc.ca/canada/calgary/story/ … ecast.html