[peter12]

Originally Posted by blankall

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.

I'm not sure it will ever happen in Calgary, personally.