Yesterday the Calgary Real Estate Board (CREB®) held their annual forecast, giving insight into what we can expect from the real estate market in 2021.
Their report was incredibly positive, which is good news to anyone looking to buy, sell or invest! 2020 was a difficult year for Calgarians, which was reflected in the real estate market. However, in the last quarter there were major improvements.
Here are some of the highlights from their report:
- CREB® Chief Economist Ann-Marie Lurie says, "It is expected some of the momentum recorded at the end of 2020 will continue into 2021, fueled by exceptionally low lending rates and pent-up demand... sales are expected to rise by nearly five per cent on an annual basis in 2021."
- "Calgary did…
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