#YYC Calgary real estate market is HOT!
Its no secret that the Calgary real estate market is HOT. Calgary has been
ranked as the top real estate investment market in the country. With the return of
jobs to the city and one of the lowest unemployment rates in Canada, Calgary is
on a roll (again). Its easy to see why so many people are coming to call Calgary
home.
We love it that Calgary is a growing vibrant city but housing affordability will
begin to be an issue in Calgary, with pressure on rental accommodation and the
housing market, Inventory has dropped for rental accommodations while monthly
rents have increased. New home prices have also been trending up in 2012 – we
expect this to continue into 2013.
Saavy new home purchasers are recognizing that the opportunity to take
advantage of future capital gains means purchasing sooner rather than later,
before new home prices jump up.
The time to buy real estate in Calgary is now. Our preferred lender is offering an
amazing 2.99% 5 year fixed rate on our ZEN in McKenzie Towne townhomes.
We have 8 remaining move-in ready new 2-storey, 2 and 3 bedroom townhomes
listed at $265,900 and $269,900 including GST – prices this low will not be seen
again. At these prices at the reduced mortgage rate, these homes are cheaper
than renting AND you are building equity.
Check out the floor plans and community amenities here