Posted on
March 4, 2017
by
Sandra Rafferty
Do you remember the old Alberta saying:
"Please God, bring another oil boom, this time we promise not to piss it all away."
Well, when you see Calgary's real estate market down like this, it is just yelling opportunity for the next big housing market. Right now we are 19% below Calgary's long term averages. Do you really think that will go on forever? NOT!
This is a year of opportunity for many of you who may want to buy your first home, or invest in another. It is the time to start planning. Speak to your mortgage representative, seek out your real estate representative, talk to your accountant.I am trying to show you the chrystal ball!
The Alberta government is stating "The Alberta economy is expected to expand modestly in 2017, driven by oil and manufacturing exports, public sector infrastructure spending and reconstruction in Fort McMurray. After declining an estimated 2.8 per cent in 2016, real GDP is forecast to grow 2.4 per cent in 2017."
Conference Board of Canada "Alberta should post Canada's fastest economic growth this year as the energy industry improves and consumer spending picks up, a Conference Board of Canada report says."
The Huffington Post Alberta | Michelle Butterfield | Posted 01.11.2017 | Canada Alberta ... Alberta's Economy Is Set To Grow Faster Than Any Province Next Year.
It’s good news for Alberta – the worst appears to be over.
That in a new TD Economics report that shows our province will lead the country in GDP growth over 2017 and 2018, thanks to oil production ramping back up.
I am listing all of these articles to show you that this is the time to get ready, start! Or you will miss Alberta's next biggest real estate opportunity.
Read more about CREB's February statistics package for the Greater Calgary AREA - http://tinyurl.com/h9y8xf5
Call a Greater Calgary Realtor today and get them working hard for you!
