Quote:
Originally Posted by Mazrim
I had a chat with my realtor today and what he said lines up with what you said, Vlad. They're dealing with lots of people from other markets looking for investment properties and a few looking to move to Calgary.
On a somewhat related note, my parents place in Kelowna went up 37% in value in 2021. It's now worth 4.5x what they paid for it in 1990. Easy to see why people would look elsewhere for properties.
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I think this is the only reason our condo finally sold, realtor told me they're buying it as an investment property. I'm not complaining though, giving us our asking price with no conditions is something I could have only dreamed of a couple years ago