From annual price growth to interest rates, I’m covering it all; here’s what the market did in 2019 and where I think we’re headed.

Are you surprised by the tax assessment you just received in the mail? Maybe you’re sitting on the sidelines waiting for real estate prices to be just right so that you can get into the market. Making sense of it all can be pretty confusing; the markets across the country have varied significantly, and media outlets are blasting all kinds of information. Today I’m helping you get a grasp on things as we head further into 2020.

Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message or use these timestamps to browse specific topics at your leisure:

0:24 - Year-over-year change in benchmark prices across Canada
1:34 - Summary of the Calgary Real Estate Board’s annual forecast event held on Jan. 14
3:35 - Annual sales and price growth for Calgary in 2019 (residential, detached, attached, apartment)
5:10 - Price growth prediction for 2020
5:40 - The impact of interest rates, crude oil, and employment on the market in 2020
6:30 - Wrapping things up

If you have any questions about this topic or real estate in general, please feel free to reach out by phone or email. I would love to speak with you.