Calgary real estate prospects

[jwslam]

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thinks Killy is spoiled.

He's not?

[killramos]

I’m comfortable with who I am.

[max_boost]

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If you have the knowledge and contacts, yes.

also have to lift and look like a Zaddy. Don’t forget that

[Power_Of_Rotary]

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I don't think so. The whole thread was started by that angry man in Asia who lives in a cupboard and thinks Killy is spoiled.

lol when was I angry?

But as an actual update, I am considering buying a flat in Asia. I love dem shoe boxes on sale right now.

[mr2mike]

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If you have the patience, knowledge, and contacts, you can build a rocket and land on the moon!
-89coupe, probably.

I mean look at Timothy McVeigh. He figured out what he needed from handbooks.

[max_boost]

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I mean look at Timothy McVeigh. He figured out what he needed from handbooks.

Lol Jesus man haha

[gpomp]

In Calgary, the aggregate price of a home in the fourth quarter of 2023 is forecast to increase 1.5 per cent year-over-year to $612,451. During the same period, the median price of a single-family detached property is expected to rise 1.0 per cent to $701,142, while the median price of a condominium is forecast to increase 2.5 per cent to $239,543.

“Price declines in Calgary’s real estate market are unlikely next year. Unlike Canada’s major urban centres, which saw steep increases during the pandemic boom followed by rapid declines over the last six months, the Calgary market has experienced less drastic swings,” said Corinne Lyall, broker and owner, Royal LePage Benchmark. “I expect we will continue to see moderate price growth in the entry-level market, particularly in the condominium segment, which remains very active and has recorded double-digit sales growth this year. This segment will lead Calgary’s price growth in 2023.”

Lyall noted that Calgary continues to see demand from out-of-province buyers, particularly first-time buyers from Ontario who are seeking affordable housing options in a major city setting. In addition, condominiums are popular among out-of-province investors. A lack of available inventory, especially in the single-family detached segment, remains a challenge for buyers and continues to put upward pressure on prices, particularly in the lower end of the market.

“Buyer demand has remained consistent, and I anticipate Calgary’s real estate market will continue to see a steady pace of activity. There are many buyers hovering on the sidelines, waiting for the right product to hit the market,” said Lyall. “I expect activity will remain strong throughout the winter, with a normal seasonal slowdown in December and January before picking back up in the spring.”

Royal LePage 2023 Market Survey Forecast Table:rlp.ca/table_2023forecast

[ExtraSlow]

Realtor says it's a great time to buy!

[SJW]

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Realtor says it's a great time to buy!

Realtors are so great aren't they.

[mr2mike]

Calgary market unlikely to decline in 2023.
It'll be whenever the big mortgages come for renewal.

I'm no realtor but I bet people are starting to decide to sell in the over bought house category. Then it pumps demand on the middle price houses. Like a mini cycle within.

But then again, everyone overbuys on affordability in all categories so maybe I'm totally wrong and the $500k owners are moving down to a $350k house?

Thoughts? Great time to sell. And buy?

[killramos]

Yes

[benyl]

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Calgary market unlikely to decline in 2023.
It'll be whenever the big mortgages come for renewal.

I'm no realtor but I bet people are starting to decide to sell in the over bought house category. Then it pumps demand on the middle price houses. Like a mini cycle within.

But then again, everyone overbuys on affordability in all categories so maybe I'm totally wrong and the $500k owners are moving down to a $350k house?

Thoughts? Great time to sell. And buy?

Always a good time to buy and sell. Realtor.ca

[suntan]

Not sure what you mean by over bought but if you're saying they're underwater selling that property is going to be nigh impossible.

[ExtraSlow]

Oh dang Ontario figured us out.

https://torontolife.com/city/i-moved...ck-to-toronto/

Yep Edmonton sucks
Yep you should have a job lined up before you come if you have no high-demand skills.
Yeah renting sucks, and relying on renters to pay your bills is risky.

LOL, I don't feel sorry for this person at all. Zero research, zero effort.

[ThePenIsMightier]

The first useful thing she will do in her life is convince more Ontarians to stay the fuck out of here... Maybe.


Nice fart-stance too! Did she ask the reporter to take the pic in the middle of a prolonged fart so she could emphasize her disdain for Alberta?

[TomcoPDR]

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Yep you should have a job lined up before you come if you have no high-demand skills.
.

https://forums.beyond.ca/threads/416...ighlight=Black

Sometimes all we need is a point in the white direction

[Twin_Cam_Turbo]

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Oh dang Ontario figured us out.

https://torontolife.com/city/i-moved...ck-to-toronto/

Yep Edmonton sucks
Yep you should have a job lined up before you come if you have no high-demand skills.
Yeah renting sucks, and relying on renters to pay your bills is risky.

LOL, I don't feel sorry for this person at all. Zero research, zero effort.

[bjstare]

Who would've guessed the black Carrie Bradshaw would be a training manager for Little Caesars? Not me.

[Tik-Tok]

This is the best part

My friends couldn’t believe that I was leaving Toronto. I’m a major extrovert who goes out three to five nights per week. I like music, noise and nightlife. I think I’d do well in Sex and the City.....

I snagged a newly built 1,600-square-foot home with two master bedrooms and a large backyard, 30 minutes south of the city

She didn't even move to Edmonton, she moved to Leduc, lol.

Edit: The further I read the article, the more hilarious it is.

[killramos]

That article is gold. Thanks for posting