"Affordability and low interest rates will drive modest growth in sales and prices of resale homes in Calgary this year, the Calgary Real Estate Board predicts in its 2010 forecast report" released January 20, 2010.

According to an article in the Calgary Herald: "In two years, Calgary's resale real estate market has gone from "sizzle to fizzle to simmer," incoming Calgary Real Estate Board president Diane Scott said Wednesday.

Aff ordability and low interest rates will keep the pot slowly boiling this year, creating modest growth in sales and prices, she predicted as the board hosted its annual forecast conference.

A panel of economists mostly concurred with the board's projection of a continuation of the gradual recovery experienced in the second half of 2009, faltering later this year as low interest rates rise to more normal levels." ...Read More