If you have been listening to the news lately you might think the bottom is falling out of the real estate market and if you wait you will get a better price on your dream home. Well, perhaps that isn't the case.
The Alberta Real Estate Association just released its Decemver report and guess what? The sky isn't falling. In fact, Alberta home prices dropped an average of just 1.9% December 2015 compared to December 2014. Calgary was only down 1.5%.
So, if you have been thinking about your first home, or perhaps moving up, now might be the right time. Any potential saving in the price of a home could eailsy be lost if interest rates were to rise. The complete Alberta Real Estate Association report can be downloaded by clicking HERE.