Oil price plunge pulling Calgary's housing market down with it
March 05, 2015 at 13:12 PM EST
CALGARY, Alberta, March 5 (Reuters) - A year ago, one of the hottest parts of Canada's red-hot housing market was Alberta's oil capital of Calgary, where cash-rich consumers fought for the fanciest home on the block. Now, a plunge in crude prices is pulling the housing market with it.