Oversupply pushing down home prices in Calgary and Edmonton, report finds | The Star

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They say they’re being bumped by retired teachers. The TOCs, who didn’t want to be identified, said there are a couple of reasons for this – the ready report gave retired teachers a higher rate of pay.

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CALGARY-It’s a great time for those looking to buy homes in Calgary or Edmonton thanks to a surplus of available units on the market. Resale prices of homes in both cities are down. and home prices.