Homebuyer's Confidence Holds Steady Despite Global Turmoil
Posted by Jeff Mikolajow on
Sales gain momentum in the first three quarters of 2011
Calgary, October 3, 2011 – According to figures released today by CREB® (Calgary Real Estate Board), residential sales continued to gain momentum in Calgary this year, totaling 14,832 after the first three quarters, a seven per cent per cent rise over last year.
"Despite recent turmoil in the global economy, Calgarians are showing confidence in the long term prospects for the city and are taking advantage of affordable and stable home prices," says Bob Jablonski, president-elect of CREB®.
"Undoubtedly, there are a lot of unknowns in the world's current financial situation, but Calgary and Alberta may be relatively safe havens amidst this uncertainty. Granted, gains in the housing market have…
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We've updated the Calgary Real Estate Marketing section of our website to include a copy of our advertisement from the September 2, 2011 issue of Calgary Real Estate Board News.
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