Check this out

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I wonder when Eastern Canadians read stories like this if they are worried for us or cheering? Do they really care or do they say “serves them right”

If they are cheering will those be the same people that when we rebound, and we will, that will scream those Albertans are just lucky they have oil?

Will they be the same ones screaming for more transfer payments from the lucky rich westerners?

Do a 180 easterners, send a friend in the west a message and say “I am thinking of you and I hope things are ok”

Here is an article from CMHC and CREA for that matter talking about falling home prices.  They say a drop of 9% in average prices for Alberta.  Not specific for Calgary, wish they had.

Anyway, median price is down 9% year over year right now as of end of January.  Calgary may be worse then the 9% discussed by CMHC.

They also comment that the bottom will be by mid year.  Agreed.  but to early to call?  What do you think?

I know easier said then done.  I wrote an article on “How to find the Opportunity”

Go check it out.

Want more help? let me know.  I am accepting new coaching clients.  I would love to meet you.

Cheers,