That's a decline of just 0.5 per cent from the average price in 2014, according to Calgary Real Estate Board data. "We know that itinerant workers generally don't participate in the actual real estate market," he said. And yet, real estate prices have barely moved. While all this may have helped Calgary's real estate market steer clear of the plunging indicators seen elsewhere in Alberta's economy, Campbell doesn't believe it can last forever. Real estate sales are down.

Source: CBC News July 25, 2016 11:00 UTC