Real estate spring boost predicted in Calgary
CBC News
Posted: Mar 19, 2012
http://www.cbc.ca/news/canada/calgary/story/2012/03/19/calgary-real-estate-spring.html
Calgary realtors say the market is picking up with the approach of spring.
The Calgary Real Estate Board is forecasting a two per cent growth in house prices this year.
But according to board president Bob Jablonski, there are indications sales will be even higher than expected.
Jablonski said multiple offers on the same property and increased interest in homes in all price ranges are two factors that make him optimistic.
"If it’s priced properly and you are in a good community in the type of property you are looking for there may be more than one buyer looking for it,” he said.
Realtor Sano Stante is also seeing signs of an uptick, he said.
"The sense is that the consumers' mood is picking up, generally and they're a little more confident in the economy,” Stante said.
