Quote:
Originally Posted by bmbob
There are still currently more sales happening that new listings going on market which means that demand is still higher than supply
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I don't believe this. Not saying your info is wrong, but look at year over year numbers. In Calgary home sales so far in January are down 21% y/y while new listings are up 34%.
It seems naive to think if WTI goes from $100 to $46 there will be no impact.