The Calgary Real Estate Board (CREB) recently held their annual market forecast, for 2010, and with it there are certainly reasons to be optimistic. Have a look at the full report for yourself, including the latest stats, figures & analysis, and here are a few of the highlights and topics discussed:
- Calgary remains tied to a global economic recovery.
- Emerging economies will lead economic upturn
- India and China will power ahead.
- Rising demand for commodities will be a boon for resource-rich Canada.
- A measure of volatility will persist.
- A lagging US economy and a rising loonie will temper growth in the first half of 2010.
- Calgary employment will depend on energy sector investment.
- Affordability and low interest rates will support a balanced housing market.
- 2010 housing demand will build momentum as the year progresses.
- Single family homes will show modest price increases – condo price growth will lag.
- Smaller homes and lower priced segments will lead in sales and price growth.
- Low interest rates will offset price increases & ensure affordability in the short term.
So, have a read and send me your thoughts.
Comments
Powered by Facebook Comments