Affordability has entered back into the Calgary market.
Calgary’s real estate market is on its way back after a two year hiatus. The real news is that inventory levels are back to normal at about 8000 units compared with 14,000 units for sale last year in and around Calgary. Sales for June and July were strong and August was average and September is also looking normal, some pent up demand with great interest rates allowed people to buy at a great price with great rates. Where the market seems to be going is balanced with slow growth as far as the experts are concerned. This seems to be a great time to get into the market, move across the market and finally it is okay to just sell your property again. Please call or e-mail if you need anything Calgary or area real estate related wants or needs.
With thanks Rod Forsythe/ September 09