Happy New Year everyone! One can’t help but feel the positive attitude in Calgary and that we are leading the way economically in Canada right now. Our real estate market has been strong and going in one solid direction and this looks like it should continue. Over the past year the rental market has been showing us that this will be the trend going forwards – rental prices are over the top and rentals in general are difficult to find. This is driving past renters to now purchase homes and we have seen the number of active listings in Calgary drop accordingly. Our positive economic situation and our consistent increase in population have made Calgary one of the leaders in real estate sales in 2012 and it is predicted that we will top that in 2013. One CREB stat to note: 548 homes priced $1 million or more were sold in 2012 compared to 447 million dollar-plus homes in 2011 – an increase of 22 percent. Calgary is poised to continue as Canada’s top market is 2013 – let’s make the most of it!
Read it all: http://eepurl.com/p-Up1