Well we're almost into spring 2010. Surprised this thread hasn't been updated since December.
Thoughts?
Seems a large inventory growing. Not sure how my paste will work.
Quote:
Calgary Metro Area Statistics Last Updated: 2010/03/17 12:01am MNT
Active ListingsNew Listings
Last 24 HoursSold
Last 30 DaysAvg Sale Price
Last 30 DaysMedian Sale Price
Last 30 DaysSingle Family3,7101151,181$462,010$416,000Condominium2,00 150542$291,186$275,000
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Wrote a bunch about monthly sales and growing inventory etc. but lost it when I hit back.
Oh well, where do people think things are going? I'm thinking down a bit. As interest rates go up (it might happen pretty slowly, or not) things will slow. Lots of people bought in the last 8 months as things were cheaper than before and rates were great. I think that was pent up demand which will now fade and the spring will enthuse people to list what they overpaid for. . . We're sitting with 2 overpaid townhouses haha, so I'd prefer up. But don't see it happening.