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Updated over 4 years ago on . Most recent reply

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11
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Dylan Bergum
  • New to Real Estate
  • Toronto
8
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11
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Where do you see the Alberta housing market going in the future?

Dylan Bergum
  • New to Real Estate
  • Toronto
Posted

I am curious to hear from other Canadian investors where they see the Alberta market going in the future.  Do you see it being prosperous despite the move away from oil and economic conditions?  Edmonton and Calgary seem very enticing to invest in due to the combined effects of covid + oil, but I am also cautious in regards to their future economy.

Do any members have thoughts/opinions on if the Alberta market will be strong in the future?

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Replied

I live, work and invest in Calgary and the Alberta market. Certainly there will be struggles over the next 12-18 months and possibly beyond as global oil and gas prices recover, however compared to some of Canada's bigger cities there are still a lot of properties here a a decent price and that generate positive cash flow. I hope to pick up a few more doors this year.

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