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Old 01-12-2008, 04:56 PM   #39
Dan02
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Join Date: Jun 2004
Location: Calgary
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I don't see where everyone is getting the overvalued aspect. I don't think there is room for another boom thats for sure but i don't see a large decrease coming in our future. In previous years, Calgarys market was extremely undervalued when compared with other major cities across Canada. Now that Calgary has caught up, maybe slightly over valued we're not going to see big growth again anytime soon.

However, i think anyone expecting a 20% drop over the next year or 5, is quite honestly off their rocker. I'm expecting to see growth at roughly the rate of inflation for the next little while.
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