Tag Archives: calgary economy

What’s the upside to a down condo market?

It’s not a new trend, we have been hearing about this for a while, the condo market is experiencing a down period. With an influx of new apartment buildings under construction or coming onto the market soon, condo inventory is high in Calgary, which is driving prices down. Not to mention the addition of resale […]

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Report: real estate recovery continues in Calgary

According to a recent report from CREB, recovery in the real estate market continues for our city. Last month, Calgary marked a ‘modest improvement’ in sales, as well as an increase in the number of new listings. Despite the shift in inventory this month, second-quarter activity continues to demonstrate improved supply-demand balance and price stability. […]

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RE/MAX 2017 Housing Outlook for Calgary

Last week, RE/MAX of Western Canada released their 2017 Housing Market Outlook, which assessed cross-canada real estate trends from 2016, and forecasted predictions for the coming year. As for Calgary, while 2016 didn’t necessarily wow, 2017 shows a bright light for not only housing but our economy as well. There were however, several wins for […]

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Four Year Price Cap on Electricity Announced

The Alberta Government announced today, that Albertans will enjoy a four-year price freeze on electricity. In the current electricity market, Alberta power consumers are vulnerable to sudden price spikes like we’ve seen and need to protect against in the future.¬†While electricity prices are currently at historic lows, the current oversupply won’t last forever. [Alberta Government] […]

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Making Moving to Calgary Easy

Moving can be stressful, especially if moving means planting your family in a new city. However, the team at Len T. Wong & Associates specializes in relocation and moving to Calgary, with a wealth of resources and knowledge in this area. But here’s a few helpful links to know if you’re planning a move to […]

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