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CMHC ‘red alert’ not as bad for Calgary as for other Canadian cities

Mon, Oct 17: The Canada Mortgage and Housing Corporation will be issuing its first “red alert” later this month. It says housing markets across the country could be hit by a price correction as home values and debt loads keep going up. The CMHC says Canada’s 2 hottest housing markets could suffer, but here in Calgary, maybe not so much. Gary Bobrovitz has more.

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