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Dig's n Things - Real Estate and More with Dan Welyk

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Monday, August 25, 2008

Are Calgary Home Prices Over-Valued? You tell me...

Once Merrel Lynch announced that Western Canada's home prices were over valued we have seen several media reports discussing this topic. My clients and friends often toss this topic of conversation towards me to see what my thoughts are...well here they are :)
 
Ultimately yes, I do see (specifically Calgary) our home prices as over valued. Why? For a few reasons - most importantly, new home buyers...
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Monday, August 11, 2008

Current State of Home Prices in Calgary...

I was recently asked by Inman News to respond to their 'Question of the Day' for the state of home prices in Calgary - here was my response :)

 

As expected with a sudden surge in home prices as we saw in Calgary through 2006 and the first quarter of 2007 we are now seeing a correction - which is bringing prices down.  Some home owners and potential purchasers have been concerned about how...

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