Monday, February 8, 2021 / by Chris Matlashewski
It Depends: February 2021 Market Trends
This month we are dissecting how Calgary's residential market, along with the surrounding areas: Airdrie, Cochrane, Chestermere, and Okotoks, are coming out of the gate in 2021. We dive into how different styles of homes: Single Family, Semi-Attached, Row and Apartment, are doing year over year and look at what districts are performing and which are not. We also talk about economic variables that may help or hinder the recovery in Calgary and Alberta's economy. (Oil cresting over $60/barrel, interest rates under 1.4%, drop in inventory levels, potential job losses with increased M&A, first time buyers, long term change of working from home, and government support.)