The City of Airdrie is the largest of all the communities surrounding the City of Calgary. People shopping for a new home often look to Airdrie where they may find lower taxes, less expensive land costs and overall affordability. Because Airdrie is so close to Calgary, and so many people work in the city to the south, it usually experiences the same ups and downs that the Calgary real estate market endures. That certainly pertains to 2016.
The Calgary Real Estate Board says the demand for housing in Airdrie has held up when compared to long-term averages; however, along with robust sales there was a marked increase in inventory, both in new construction and resale homes which prevented home prices from also increasing. In fact, there was a bit of a
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