Habanero
Active Member
Yeah, we have enough office towers, though mixed use towers are welcome.
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Home prices in Alberta expected to rise in 2020: Royal LePage Market Survey Forecast
Homes in Calgary should go up 1.5 per cent while homes in Edmonton will rise one per cent, says market forecast.calgary.ctvnews.ca
Home prices in Alberta expected to rise in 2020:
That 20% is a gain in volume to be clear. Number of sales. Not sale prices. Average sale price is lower, median slightly up. Listings new to the market jumped 11% last month. So there ARE properties moving, but not at increased prices. I suspect the high volume of new listings entering the market will continue this Spring/Summer.Some good news for Calgary real estate market!
MLS housing transactions of 1,171 so far in February, show a year-over-year gain of 20.35 per cent in the Calgary resale market
Like MichaelS said, buying property as a short term investment is pretty risky at the moment. In saying that, no one that bought in Calgary in the 90's regrets their investment, especially inner city. It might be worth finding a good financial advisor to run your ideas by if you haven't already.I want to buy real estate in Calgary, but for my down payment, I think I can make more money by investing that money elsewhere. What do people think?