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Canada Home Market – Still Looking Good

Taking a look at the state of affairs south of the border, we have seen a lot of real estate professionals getting increasingly concerned about the state of the market. The whole U.S. market seems to be drifting into a real buyer’s market as prices are dropping and there simply aren’t the number of buyers that there were a few years ago. The question we have here in the North is “are those trends affecting us?” Well, here’s the answer: “Nope.” Real estate is still going strong all over Canada and in fact, values are still appreciating in most major markets across the country. Typically Canadians have looked to areas like Toronto and Vancouver as the leaders in real estate value but in the past few years Calgary has emerged as a new player in the National real estate market.Part of what has made Calgary the real estate hotbed that it has become is the proliferation of the local economy. Things are looking great for business and commerce in Calgary, the local oil industry is thriving and there is lots of work and education available in this area. The University of Calgary is the main post secondary institution however there… Read full this story

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