Wednesday, December 2, 2015

Real Estate Prices in Fort McMurray Suffer Huge Drop

Real Estate Prices in Fort McMurray Suffer Huge Drop


Steady Decline Of Oil Prices Take Toll On Oil Sands Dependent Economy In Fort McMurray, Canada


FORT MCMURRAY, CANADA - APRIL 29: An empty migrant workers camp, on April 29th, 2015, north of Fort McMurray, Canada. Fort McMurray is currently coping with an economic downturn as a result of low oil prices and most of the layoffs have been impacting the transient workforce. Canada's oil and gas industry is expected to lose 37% of its revenues in 2015. (Photo : Ian Willms/Getty Images)

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