The Calgary real estate market has seen a tightening in the market over the past new months as the number of available listings declines and the numbers increase for sales.
Buyers that have sat on the sidelines are returning to the market with new faith and hope to buy a home or condo.
With less listings in the marketplace we have seen more multiple offers recently as buyers are flexing their wallets to capture their ideal home.
I would not go so far as to classify this market as a sellers market, in fact it is still a very balanced market.
Having said that homes that come onto the market at a decent or fair market price do tend to demonstrate a decent amount of activity and often sell quickly sometimes in a multiple offer situation.
Multiple offers can occur in any market with a unique home that is in superior condition and offered at an attractive price.
As buyers return to the market it is apparent that we are set to see a potential recovery. The past decade the market in calgary has realized a healthy increases. And for the first time since the global economic down turns Calgary is seeing growth in the job sector which overflows into the real estate market.
There might not be a better time than the present to get into the Calgary real estate market. Interest rates are at all time lows and prices are attractive.
In the past the Calgary real estate market has always performed better than other markets. There is no way to confirm exactly what the market will do in the end but the best predictor of the future is the past. And the Calgary market has out-performed the majority of the markets in the country. As a result it is not unusual to see Calgary outperform other centres in the future.
Buyers that have sat on the sidelines are returning to the market with new faith and hope to buy a home or condo.
With less listings in the marketplace we have seen more multiple offers recently as buyers are flexing their wallets to capture their ideal home.
I would not go so far as to classify this market as a sellers market, in fact it is still a very balanced market.
Having said that homes that come onto the market at a decent or fair market price do tend to demonstrate a decent amount of activity and often sell quickly sometimes in a multiple offer situation.
Multiple offers can occur in any market with a unique home that is in superior condition and offered at an attractive price.
As buyers return to the market it is apparent that we are set to see a potential recovery. The past decade the market in calgary has realized a healthy increases. And for the first time since the global economic down turns Calgary is seeing growth in the job sector which overflows into the real estate market.
There might not be a better time than the present to get into the Calgary real estate market. Interest rates are at all time lows and prices are attractive.
In the past the Calgary real estate market has always performed better than other markets. There is no way to confirm exactly what the market will do in the end but the best predictor of the future is the past. And the Calgary market has out-performed the majority of the markets in the country. As a result it is not unusual to see Calgary outperform other centres in the future.
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