Calgary affordability graph

[Goodstuff]

This graph shows the present affordability of a Calgary home based on three criteria:

House prices
Wages
Interest rates

As you can see, things are very cheap right now.

http://calgaryrealestatemarketblog.files.w..._in_calgary.png

Don`t buy into the doom and gloom!!!

 

[Noel]

QUOTE (Goodstuff @ Apr 16 2009, 06:44 PM) This graph shows the present affordability of a Calgary home based on three criteria:

House prices
Wages
Interest rates

As you can see, things are very cheap right now.

http://calgaryrealestatemarketblog.files.w..._in_calgary.png

Don`t buy into the doom and gloom!!!

Good Point, Goodstuff =)

 

[Yev]

I agree - good point!

However, just because it is cheap does not mean that it can`t get cheaper

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