Recent figures from the Calgary Real Estate Association show that the condo market is not holding up as well as some other housing types in the area. The Conference Board of Canada says that expects the condo market in Calgary to continue to decline with starts, sales volume and prices all forecast to be lower. For 2015 it expects starts to fall to 4,178 units, almost a third lower than 2014; in 2016 it forecasts a further 16 per cent drop before things start to improve in 2017. Resales will drop by more than a quarter this year but should turnaround mildly in 2016. The median price of a Calgary condo will be 2.3 per cent lower than a year ago at $269,583 but will see slight recovery next year before picking up in the following years.
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About Me
- Jackie Goodlet, Broker
- GTA, Ontario, Canada
- A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!
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