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We're living in a time when there are more questions than answers and from two different directions—the unknowns of COVID-19 and the outcome of our Oil & Gas sector in the most recent tailspin.
Current events are so unpredictable that industry experts are giving a series of possible outcomes instead of one opinion.
One of the many questions being asked is, what's going to happen to YYC's real estate market? Every day I search for answers and opinions from industry experts from all sectors, and here is a summary of seems most realistic to me with what we know now.
LAST 14 DAYS
For the last two weeks, the number of firm sales and conditionally selling are moving up and forward.
Who's buying?
Former sellers that sold this past December, January, and February.
Another category of buyers will be investors jumping back to real estate from the even more volatile stock market. These buyers include institutions such as...