- Joined
- Sep 14, 2007
- Messages
- 617
feel like I use this term a lot lately but here is another must read document....The CMHC Rental Report (Calgary)http://www.cmhc-schl.gc.ca/odpub/esub/6437...71_2009_A01.pdf
Here is my take:
[list type=decimal][*]We are going to see rental increases again in due to lower vacancy and higher interest rates[*]In-migration rises and this will have a possitive effect on the real estate market as a whole[*]This is still going to be a tough year relatively speaking and top managed assets will do fine but poorly managed ones will create some motivated vendors. I see this as an opportunity for investors that are patient but agressive when the time arises.The two bedroom condo market will see some serious competition with many condo projects coming on lineAffordability is out-of-wack and this is going to come back to normal in late 2010[/list type=decimal]
Here is my take:
[list type=decimal][*]We are going to see rental increases again in due to lower vacancy and higher interest rates[*]In-migration rises and this will have a possitive effect on the real estate market as a whole[*]This is still going to be a tough year relatively speaking and top managed assets will do fine but poorly managed ones will create some motivated vendors. I see this as an opportunity for investors that are patient but agressive when the time arises.The two bedroom condo market will see some serious competition with many condo projects coming on lineAffordability is out-of-wack and this is going to come back to normal in late 2010[/list type=decimal]