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Appreciation Calgary

Millions

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Oct 6, 2007
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Hey I have a suited house in cambrian heights.

Just wondering what the predictions for appreciation are in the next 5 years. Obviously it went down 10% during this recessions so now I`m trying to determine my holding strategy for the future.

Thanks!
 

Savard

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QUOTE (Millions @ Aug 26 2009, 12:33 PM) Unfortunately, I do not have access to that at this time. Could you give me a quick view?

Thanks

Matt

Summary - trend is your friend.
Take the time to look at the provided link. You will realize there is a great deal of information which took many hours to assemble. And than ask a more direct question.
 

Millions

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QUOTE (Savard @ Aug 26 2009, 02:02 PM) Summary - trend is your friend.
Take the time to look at the provided link. You will realize there is a great deal of information which took many hours to assemble. And than ask a more direct question.

I dont have access to that part of the rein site so I cannot look at it.

Thanks

Matt
 

Thomas Beyer

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QUOTE (Millions @ Aug 26 2009, 04:29 PM) I dont have access to that part of the rein site so I cannot look at it.

Thanks

Matt
membership comes with privileges !

essentially it shows an ANNUAL AVERAGE value growth for 40 year of about 5.5% to 6% PER YEAR .. with temporary peaks and valleys such as the NEP induced slump in the early 80`s, and the latest "peak" in 2007 .. and a 5-6 year minor trough bottoming out 2009/20010 to reach 2007 prices again in 2012 or 2013 .. with a 8 year projection from there using the average

So the message is: assuming annual growth of 4-5% on average even a little-to-non-cash-flowing single family house with 20-25% down is a great long term investment if you are able to hold the asset long enough .. say 5+ years !
 

mcgregok

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QUOTE (thomasbeyer2000 @ Aug 27 2009, 09:13 AM) membership comes with privileges !

essentially it shows an ANNUAL AVERAGE value growth for 40 year of about 5.5% to 6% PER YEAR .. with temporary peaks and valleys such as the NEP induced slump in the early 80`s, and the latest "peak" in 2007 .. and a 5-6 year minor trough bottoming out 2009/20010 to reach 2007 prices again in 2012 or 2013 .. with a 8 year projection from there using the average

So the message is: assuming annual growth of 4-5% on average even a little-to-non-cash-flowing single family house with 20-25% down is a great long term investment if you are able to hold the asset long enough .. say 5+ years !


Thomas, how do you arrive at the annual average?
 
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