Resale markets rebound
Posted Apr 26, 2013 2:43 pm.
This article is more than 5 years old.
Resales are on the rebound in Calgary’s housing market.
Senior Economist Robin Weibe says the market is up around seven per cent in March and prices are on the rise.
Weibe tells 660News the outlook looks good.
“That is a good thing for people that own homes, because they can expect, if they want to sell them, to get a good dollar for them, but it’s not so fast a price increase that buyer should be alarmed.” He says.
Weibe says the market is in a fairly balanced position, so both buyers and sellers can be confident they’ll get a fair shake.
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