The Calgary Real Estate Market: What They're Not Telling You

Рет қаралды 2,508

Күн бұрын

Пікірлер: 33

@connarvangrant6141 3 ай бұрын

3 Years ago I watched your videos, thank god I did. I was sitting in a 1 bedroom 400 SQR feet rental that was originally a Garage in Victoria and I had enough. I came in from work one night and saw your video, 3 months later I was in a Uhaul on my way here and a month after that I bought my own home. Thank you buddy. You made a big change in my families life !!

@hawklutz 3 ай бұрын

There are quite a few of variables for a Calgarian real estate market right now -unemployment rate (second highest in Canada,only after Windsor). And it's deteriorating; -price of oil; collapse in the price of oil will crash housing markets; but even at current levels there's no boom; - new listings on the market are exceeding the sales (lots of boomers selling their second, third property); new location stings are 33% up(CREB monthly stats)in comparison with last year; the market is softening; rent prices started to soften as well recently.

@GVFS-84 3 ай бұрын

this was uploaded in July, typically summer months in RE is slower than Spring and Fall. Can that be the reason why some are assuming a "crash"? If Sept rate announcement follows through and drops. I believe it can be another strong fall RE market overall in Alberta. Thats just me. IMO.

@eddielu893 2 ай бұрын

When the price gap between Calgary and Toronto/Vancouver narrows to a point, thats when the party stops.

@nsevv 3 ай бұрын

Looks like a textbook bubble.

@IgorRyltsev 3 ай бұрын

Please explain, why you think so?

@Yelllowchild7 3 ай бұрын

@@IgorRyltsevbecause all the speculation. 70% of buyers in Calgary are investors. Now that Toronto is crashing, many will sell and go back to gta

@quakerdaddy5237 3 ай бұрын

I love you Igor ❤

@esparda07 3 ай бұрын

September/October will answer your question.

@H0pe4All 3 ай бұрын

Igor, there is such a thing of an immigration lawyer who is volunteering, or that there r donations & that its possible to set up a call with immigration lawyers of Canada which it will be free?

@IgorRyltsev 3 ай бұрын

Best is to go to Canada Immigration website and just do research for free or talk to ChatGPT for free

@H0pe4All 3 ай бұрын

@@IgorRyltsev Yeah, im asking chatGpt & it says to consult with an immigration lawyer

@Elevatevisiondigital 3 ай бұрын

Never crashing

@stephenfermoyle4578 3 ай бұрын

when people learn to ''live'' in the home, rather than treat it like a stock...then life might go back to normal. lower rates will change nothing. we all know the numbers, cause you all say the same thing. supply and demand, get used to it

@07isaac 3 ай бұрын

The myth that when interest rates come down buyers will flood the market needs to stop. #1 who says interest rates will go back to historic lows? If you believe that it will or can you have to believe that interest rates will and can go back to historic highs of double digits. If by chance interest rates do go down to historic lows it will be to stimulate the economy if the economy is in shambles the buyers that are waiting on the sidelines will be telling their friends how they dodged a bullet not buying a house

@IgorRyltsev 3 ай бұрын

The myth is pure fact proven over and over by history. We have another interest rate cut that just happened this year. Down by 0.5% so far let’s see who regrets, people who buy or people who didn’t buy.

@quakerdaddy5237 3 ай бұрын

It won’t crash. Still too many people moving to Calgary

@Yelllowchild7 3 ай бұрын

Not sure if you looked into the data set, interprovincial migration is lowering from the 2023 peak. Immigration is lowering, unemployment is almost 9% Nothing new, Calgary to expect 10-20% price drops just like what happened in 2022 in Toronto and Vancouver

@quakerdaddy5237 3 ай бұрын

@@Yelllowchild7 I guess we will see. Regardless we are still taking in a ton of immigration and Toronto / Vancouver are still way more expensive than Calgary. Not a lot of options.

@quakerdaddy5237 3 ай бұрын

@@Yelllowchild7 And actually.... looks like International immigration added 32,893 people to Alberta's population in the first quarter of 2024. This was an increase of 12.5% from the same period in 2023. so...

@Yelllowchild7 3 ай бұрын

@@quakerdaddy5237 the immigration cap was not in place for Q1/Q2 given they did not meet the notice period. Interprovincial migration is only about 20% of the population growth in Alberta.

@quakerdaddy5237 3 ай бұрын

@@Yelllowchild7 Alberta's population growth continues to accelerate. In the 12 months preceding April 1, 2024, the province's population expanded by 204,677 people, or 4.41%. This represents a significant increase from the previous year (3.67% between 2022-23) and the highest April 1 year-over-year growth rate since 1981.

@sauravkumarchand9691 3 ай бұрын

yukrainru kaanaadaare asraya neithiba eka bipathagami kookoor bartamana bharatare lokanku akarshita karuchhi. ame khusi abng anandita je the sara sasastra bahini duniara sabutharu kharapa maila desare hajara hajara yukrimra maila ghusurinku hatya karichhanti. eka majalia clown rastrapatinka dwaraa sasita ehi grahare bhagabaana samagra durgandhakari yukrain rastraku dhwansa karibe.