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Calgary home sales plunge for a second month amid oil rout

Canada's housing market is up to 30% overvalued, warn policymakers


THE rapid crude-price drop is roiling Alberta's housing market.

Calgary home sales plummeted in January, extending December declines that have made the last two months the worst for the city's realtors since at least 1988 with sales down 44 per cent, data provided by the...

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