Quote:
Originally Posted by Qwerty
Which is what? The USA has tanked, the east coast isn't doing much better, Sask? Look at the stats there, people have already moved there. If the USA goes into a recession house prices in Canada will fall. The US is Canada's largest importer and exporter and we are directly related to them. Like the old saying goes, when the US sneezes the whole world catches a cold.
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That's Quite bleak. You believe "an old saying" and I'll believe current conditions. I guess we'll see which is stronger.
Western Canada will continue to grow in population for decades, wealth is strong, jobs are great, and people love living here.
This housing market is as strong as any out there.
And that includes Sask. Just cause people have moved there, doesn't mean more won't. Take a closer look at Regina and what house prices there are like. Lots of room to go up still.
Calgary is only beginning to get into the Condo game. People are barely living DT yet. The major players in Canadian Condo developing are just starting to care about Calgary, and the DT is still quite small compared to big cities.
Tons of opportunity for that market to expand over the coming years. Especially with the continued economic push from big businesses calling Calgary home.