Airdrie and Calgary Market

What a turn around! The Calgary Real Estate Board posted stats for last December showing just over 300 sales for a board area covering over 1 million people. Yes it was extremely slow.

All that has chaged thanks to the drop in prices after a boom period and the lowest interest rates in Canadian history. This has spurred the entry level, first time buyers into action and has seen things heat up substantially. You just can't hold people down forever.

Our government is also talking about no significant rate increases for some time.

Could this be leading into the long awaited balanced market?

I see constrruction projects like new interchanges and new home builders still building. We are very fortunate here in the North West of Canada.

Now to see the rest of the world start to pick up....