The market is always slow around this time, people just don't want to buy houses in the winter, but those that do I believe get the better deals. I still believe Calgary is in for another year of moderate gains, which will start in January or February, but of course that is my opinion and there is never a 100% guarantee.
As prices have dropped a fair bit since September this year, many people, including many of my clients are jumping on places right now as they see the lower price compared to months ago and want to buy. Sellers need to be agressive in the price to sell at this current time which helps lower prices, come January or February especially if interest rates drop, which is what everyone is predicting, sellers will be the ones in demand. They is still no economic factor that will cause the market to continue on a down fall, and until that happens Calgary is still a hot real estate market, just slow at the moment.
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