When it came to real estate, 45 per cent Canadians felt the housing market was strong. Albertans were also more confident with 32 per cent optimistic about real estate.I have to admit, it kind of feels like all 32% of the Albertans feeling good about the housing market are out shopping for houses right now. Sales are well above recent years, and agents are very busy with showings, especially in the lower price ranges. I've heard stories about agents lined up out front of listings with their clients; in this weather, those are some serious buyers! “You Don’t Have To Be Great To Start, But You Have To Start To Be Great.” – Zig Ziglar Posted by Liv Real Estate on
Looks great! We're continuing our climb upwards!Posted by Tom on Friday, January 29th, 2021 at 1:20am
Looks to me like we're going down.Posted by GM on Friday, January 29th, 2021 at 7:39pm
Re: Looks to me like we’re going down.
The Chinese are continuing to buy up all the new projects and everything sells out the first day or hour the sales office opens. Albertans someday will figure it out. Canadian home prices to rise sharply on the back of brand new home sales.
GM: I'm looking at year over year price increases for SFDPosted by Tom on Saturday, January 30th, 2021 at 4:48am
Tom, the chart shows we are way below 2018 prices.Posted by GM on Sunday, January 31st, 2021 at 5:34am
GM: I mean compared to last year.Posted by Tom on Sunday, January 31st, 2021 at 9:35pm
I could have sold my home for more money 15 years ago.
Prices have stayed the same or gone down for that long.
Hopefully it will go up; I sold my SFH in Calgary back in 2017 at the highest, and it has been going down since. That September, I also manager to sell a condo in Calgary for $300K, just break even then; now that condo only worth $190K.
While here in GTA (outside Toronto), my SFH market value is 1.2, almost double in 4 years. I just give up, I don't understand why it goes up so much, but just glad I am on the right side of the fence.
Jason, buy a property in Edmonton or Calgary. It will immediately cash flow.Posted by GM on Thursday, February 4th, 2021 at 10:14pm
It's very easy to understand what is going on.
Justin Trudeau's goal is to completely destroy Alberta. He has been working on this goal ever since he got into office. His goal is to make Quebec and to a lesser extent Ontario economic powerhouses and make Alberta an economic wasteland. His plan is working.
Sure, we know that. Even Biden is moving to EV, I own a Tesla 3 Long Range for couple of years now and can understand the benefit. But it still cannot explain why house price goes up so much in GTA, my neighbor just sold his house at a whooping 1.38 million. I mean how can anyone afford it.
I lived in Edmonton and Calgary for quite a while, it's nice cities except it's a bit cold. At $400,000, any people with a decent income can afford it. Here, a average condo costs at least half a million and that is with COVID crisis. Everyone ask me to buy properties to invest, but I just have no gut to do it.