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2011 - Looks good from here. , T, a5 F* m% E5 Q( z7 v( r9 {
Next year looks to be the year when Edmonton's housing market really starts returning to balance.
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, p/ n4 k8 P2 g+ O"Modest," "moderate," "stable" were all words used to describe the Edmonton housing market in 2011 at a Canada Mortgage and Housing Corp. conference Tuesday."& v9 t0 j% m) t
8 e3 R# n5 I Z* WIf 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." v1 \6 @" G7 y9 z, H
5 a; _1 B ]- d, _" _$ OAs 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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