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2011 - Looks good from here.
0 i: ?: I8 H: ZNext year looks to be the year when Edmonton's housing market really starts returning to balance.
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4 o6 M( b8 l( Z8 ~6 S"Modest," "moderate," "stable" were all words used to describe the Edmonton housing market in 2011 at a Canada Mortgage and Housing Corp. conference Tuesday."
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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.4 a9 C( x9 _5 B' V: \8 H# m2 a* R
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As 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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