wow, condos drop doesn't seem to stop. Looks like a free fall every week.Posted by a common guy on Thursday, November 29th, 2018 at 7:13pm
And….we ain't seen nothin' yet Common Guy. Listening to the news today re. Alberta, then all of Canada, and then the U.S. and all around Europe and Asia - very scary days ahead.Posted by Rick on Thursday, November 29th, 2018 at 11:29pm
Condos will only fall so far due to rate increases.
Read Cmhc, Edmonton’s vacancy rate is dropping and rent is forecast to stay same and or increase.
Don't discount the effect of the discount for WCS will have on employment and the overall economy in Alberta. There's only so many government jobs that they can create with the huge deficits that they are running.Posted by Bill on Saturday, December 1st, 2018 at 9:06pm
Mmmmmm I don't think so Curtis. Fair bit of price give up to go yet on condos.Posted by Stu on Sunday, December 2nd, 2018 at 8:39pm
Sure Curtis , or even more condos will be built ?" Rent is forecast " by CMHC ? Such an unbiased source .Posted by Andrii on Sunday, December 2nd, 2018 at 10:08pm