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2011 - Looks good from here.
% ^4 f8 _! S; {% BNext year looks to be the year when Edmonton's housing market really starts returning to balance.5 D4 F5 L2 Y) S* Y
$ j9 ?5 C' g( ^- s% m5 K, D"Modest," "moderate," "stable" were all words used to describe the Edmonton housing market in 2011 at a Canada Mortgage and Housing Corp. conference Tuesday."+ }1 U+ Z. `+ S' W9 d9 v
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If you been driving on a road full of 6-foot potholes then a road with small ones seems like a smooth ride. Even though the real estate market may be better than the last few years there are still some bumps ahead. Some bumps are bigger than others - like if the US economy doesn't kick into gear. It will drag many sectors in Canada down including employment, energy and retail.. f) E0 {' Y3 C2 [3 P2 W- {
7 d4 p) ] e, F& u5 W) x A$ bAs a buyer it's a good chance to pick up properties as prices aren't set to increase until 2012. However, if your selling, that is one bump that will rock you if you need a certain price because it's a buyer's market and looks to be one until late 2011. |
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