register | confirm account | forgot password
John Maygard
CIR Realty
120, 5102-58 Street, Red Deer, Alberta
P: 403-358-3883
F: 403-592-2158
Email

Friday, May 29, 2009 - Airdrie and Calgary market

What a turn around! The Calgary Real Estate Board posted stats for last December showing just over 300 sales for a board area covering over 1 million people. Yes it was extremely slow.

All that has chaged thanks to the drop in prices after a boom period and the lowest interest rates in Canadian history. This has spurred the entry level, first time buyers into action and has seen things heat up substantially. You just can’t hold people down forever.

Our government is also talking about no significant rate increases for some time.

Could this be leading into the long awaited balanced market?

I see constrruction projects like new interchanges and new home builders still building. We are very fortunate here in the North West of Canada.

Now to see the rest of the world start to pick up....
posted in General at Fri, 29 May 2009 19:41:57 -0600



Feature Listings Button
Button advertising your Feature Listings
Feature Listings
MLS® Search Button
Button advertising your MLS® Search page
Map-based MLS® Search
This site's content is the responsibility of John Maygard, licensed REALTOR® in the Province of Alberta.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2017, All Rights Reserved | Privacy Policy | Mobile Site | REALTOR® Websites by RealPageMaker