Monday, 6 January 2014

2014 will be Great for Real Estate in Calgary

Retrospectively, 2013 was a good year for real estate in Calgary. Sales data disclosed by realtors indicate significant sales upsurges from 2012 alone, for single-family units, condominium apartments, and condominium townhouses. Real estate experts are even convinced that this feat can be replicated for the next two years.

In other words, there seems to be no better time to buy real estate in Calgary than now. Many realtors support this, saying that employment growth and migration in the city have augmented, backing the demand for housing, increased sales, and pricing. Others also mention how the city’s economy in 2013 has outperformed almost every other region in Canada in the previous year. With luck, the city may be able to reach the same heights for 2014, thanks to the new influx of jobs and employment opportunities.

Indeed, the job market shows no signs of slowing down and this helps the real estate market to thrive. Realtors also add that companies worldwide have been hiring professionals throughout Canada, and as a result has put Calgary on the map. Despite the calamities that struck the metropolis, residents show a deep sense of community and togetherness. This proves that Calgary is a great place to live in, not only because of its growing economy, but also because of kinship and belongingness.

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