Calgary getting close to the 10 Year average

The Calgary Real Estate market is well plugging along and it is performing below the last 10 year average by about 17%. This market is in a neutral solid position over the past year and looks like average sales will continue to perform just a little better than the current sales numbers based on the current economic conditions in Calgary. A bright spot in our market is that properties over the last 3 months of 2011 have shown some resilient unit sales numbers.

The average home price has gone up a little from last year. Even with the world economy stalling, net migration into Alberta is once again picking up. It seems the Calgary Oil companies are already concerned about finding enough staff for 2012 & 2013 projects in Calgary, Edmonton and up north in Ft McMurray. With mortgage rates are at historic lows and Alberta seeming to be the Promised Land, it sure seems like a great time to buy or reinvest in real estate again.

Quote for the month
“Avoiding danger is no safer in the long run than outright exposure”. Helen Keller

If you are considering BUYING or SELLING real estate today, please call me directly at 403.777.1040/ send me an email to rod@rodforsythe.com and I will provide you with everything you require.
We are excited to help with your friends and families with their real estate needs!
Rod Forsythe
Keller Williams Real Estate
#3 Keller Williams’s agent in Canada in 2010 / #1 Keller Williams agent in October 2011 for Canada
403.777.1040 E-mail rod@rodforsythe.com
You win in Life by Helping others!
Visit my website for photos + details on all listings @ www.RodForsythe.com

Tags: Alberta, Calgary, Real estate