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Old 05-11-2021, 09:37 AM   #659
you&me
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Join Date: Nov 2017
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Quote:
Originally Posted by The Yen Man View Post
Saw this article the other day.

https://calgaryherald.com/life/homes...g-demand-surge

So it sounds like it's really starter homes and townhouses that are the ones seeing the most gains, and even then, it's still not as high as 2015 prices. Which kinda makes sense. People who maybe were normally renting or living in a condo make the jump to a starter home to take advantage of low interest rates. Plus, WFH probably made them realize they wanted more space.
That's the really depressing thing - you need to go back a long time to start realizing gains, even at today's supposedly 'red-hot' market prices. The higher the price point, the further back you need to go.
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