Calgary’s real estate market is still finding its footings after a very soft 8 months from Oct 08 to May 09. It seems as though the pent up demand created by this slow down has leveled off and we are back to a much more balanced market. The inventory is even back to normal for this time of year and the experts generally agree that interest rates will rise in the next 6 to 18 months. When rates do rise the average price should remain in a calm growth pattern.

The market seems to be balanced with slow growth as far as the experts are concerned and with interest rates this low it still seems to be a great time to get into the market. If you’re thinking about moving across the market, timing could be great and it is okay to just sell your property again. Please call or e-mail me if I can be of any help.

With thanks Rod Forsythe/ November 09

e-mail- rod@rodforsythe.com tel. 403.777.1040

Tags: Calgary Real Estate