What Does The Future Hold?

screen-capture-17This is always the big question… When should I sell my house or when should I buy?  There are normal cycles in the Real Estate market that take place, but when the market isn’t normal, they cycles aren’t there… they happen when they want to…  Last year was a year of declining prices, and frustrated sellers… For 2009, what will happen?  CREB (Calgary Real Estate Board) did a forecast breakfast a couple weeks ago, and they predicted that over 2009 we will see a 2% decline in the average price of single family homes and a 5% decrease in condos.

Below are some graphs to take a look at…

You can download the entire presentation here!

screen-capture-18

screen-capture-19

screen-capture-20

Comments

blog comments powered by Disqus

Video & Audio Comments are proudly powered by Riffly