There are still some great deal out there though!
Gemma
What Gemma's been saying!
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Wednesday, 18 November, 2009
Inventory much lower than a year ago
Inventory levels have dropped considerably over the past year and the market has strengthened slightly. In fact there almost half as many listings in the Calgary area now that there were a year ago. That doesn't mean we are expecting prices to start climbing like crazy BUT we can now breath a sigh of relief that the dramatic equity loses in the Calgary houses market are over!
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2 comments:
Love your Full time assistant!
What are your thoughts on Calgary's downtown office space? Is the inventory on that specific sector lower as well? seems to me there is another building every couple of weeks and a brand new building in front of our office just went bankrupt.
The commercial sector is a whole different ball game. Down town office leasing is not my specialty in the slightest BUT from talking to my colleges it seems that the commercial market is still lagging behind. We did have a lot of building in the core all at once and that might explain that. Although like I said not my area of expertise! Gemma
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