News

September, 2009
Low interest rates, attractive prices
Perfect time to enter multi-family market

August, 2009
Signs of LIfe
Consumers taking advantage of improved selection and affordability

January, 2009
Saying Good Buy to 2008
New year delivers a real estate market ripe with choices

November 2008
Oil is well
Canada’s natural resources an insulator from unstable world markets.

October 2008
Community-minded
Smaller-scale boutique condo projects feature big advantages for buyers.

August 2008
Cowtown Climate Stable
Spike in building permits and listings equals buyers’ market.

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Saying Good Buy to 2008

January 2009, Condo Living

As the new year is now here, we can take a look back at the real estate markets in 2008 to see what has transpired over the past year and what
we can expect to see in 2009. The past year has been anything but static, with the key story changing from price increases in 2007 to inventory levels in 2008. The strong demand for housing that started in mid-2005 accelerated throughout 2006 and put increased demands on developers and the City to add new products into the market.

However, home builders and developers could not add new supply overnight, and given the construction and approval constraints, it took time to ramp up supply and meet the demand coming from new migrants to
Calgary, local purchasers, and investors.

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