Quote:
Originally Posted by MillerTime GFG
Sorry dude, it's not about what I think, it's about what I know. I do fairly high volume, as does our brokerage, and I keep a lot of data for my clients.
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Once again, I've stated many times, that Calgary, which has had a very depressed market for a long time, hasn't seen the influx of major capital yet. However, if/when it does start, it will start very quickly. And as someone who works in an office that does real estate conveyances, I can verify how these trends have worked in hotter markets thus far.
Calgary, for the last decade, has been a relatively unique situation. Very depressed market with relatively high salaries. Things change dramatically once market conditions change and become detached from the local economy.