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Reporter shares real estate market insights

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Canadian Realestate Magazine | 16 Dec 2015, 08:15 AM Agree 0
BNN reporter and former Calgarian shares his insights on, and experiences in, two of Canada’s largest real estate markets
  • Real ZO | 16 Dec 2015, 04:23 PM Agree 0
    Berkow may be correct in saying that price increases won't be as robust as have been in the recent past, but he is incorrect to compare Calgary to places like Toronto. Key differences is that Ontario is not so heavily reliant on one industry the way Alberta is "OIL" being the one big ticket. The other thing is his reference to foreign or international investors holding up the market. International investors barely make up 3% of real estate purchases.
    That being said, his bad experience is specific to his own path in the wrong direction, and of course his timing.
    You win some you lose some, but betting in the right place at the right time, with the right long term strategy will make you win more times than you lose.
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