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chemgear · 04-06-2011, 08:55 AM

First-time buyers have re-entered the Calgary resale housing market with “a renewed sense of confidence,”

http://www.calgaryherald.com/busines...#ixzz1Ikqv41Z4

This more spin or are you guys (in the industry) seeing this? From what I can see the bottom fell out of the pending sales since the March 18 deadline - I assume that it is mainly the first timers? And it's probably why prices have propped up a bit since then - much fewer people buying at the marginal end.

We've been pretty steady at the 300-315 range since March 18. I would assume April sales numbers are going to be materially down even from April 2010.

04-06-2011, 08:55 AM	#1796
chemgear Franchise Player Join Date: Feb 2010 Exp:	First-time buyers have re-entered the Calgary resale housing market with “a renewed sense of confidence,” http://www.calgaryherald.com/busines...#ixzz1Ikqv41Z4 This more spin or are you guys (in the industry) seeing this? From what I can see the bottom fell out of the pending sales since the March 18 deadline - I assume that it is mainly the first timers? And it's probably why prices have propped up a bit since then - much fewer people buying at the marginal end. We've been pretty steady at the 300-315 range since March 18. I would assume April sales numbers are going to be materially down even from April 2010.