says she sees challenges ahead for the housing market but that things are more balanced.
Wendy Jabush told the Calgary Herald
that homebuyers in the city are making careful decisions about purchases, which slows the market, but that things are doing okay.
Jabush, who is also VP of Calgary Homes at Brookfield Residential, says that the negative stories focus on comparing this year to last, which was a record-breaker.
The house building industry in Calgary
faces some challenges, not least the supply of skilled labour, but Jabush says that builders and city officials share some “high level common goals” which makes for a positive working relationship.
She says that supply of land is an issue but recognizes that it is a balance that needs to be carefully managed between the council, industry and homebuyers.
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate
Investment Hot Spots:
Mount Hanley, Rainham Centre, Egmondville, Mill Section, Sombra
The new president of the Canadian Home Builders Association in