In this episode, Chief Economist Anne Marie Lurie shares with us why Calgary is home to her. She provides insights on our current Market Conditions, with a peak into the future.
Some show highlights:
5:00 - Purchasing a home is more than just an investment decision.
13:47 - Added factor of "Stress Test" ... with little employment groth.
16:07 - Struggling with too much supply in market.
16:26 - Migration is mostly from International.
17:15- Sales are nothing to what they used to be.
17:20 - Growth/Increase in prices, is in the lower end.
19:00 - I want to be a buyer when there is too much supply.
19:15 - Purchasing. How long do you intend to live in Calgary. How long do you plan to be in this market?
22:00 - Will there be another Boom in Calgary?
23:50 - Condo's - 14% below.
24:45 - We are not coming out of this soon.
26:00 - What stats should you be considering as a buyer or seller?
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