"Country's market poised to show growth throughout 2006"
towards the end of 2006.
In Alberta we’ve had a tremendous year of appreciation and I’m hoping for a little market fear, just enough to create a wave of sales or a slight dip in prices. Why would I want that? Well, to buy more property of course. A slight cooling off of the market will give us the chance for another round of purchases. There’s no need to worry about the economy. Oil prices weakening (they can drop to $20 p/b and Alberta is still profitable), a glut of supply a new source- whatever it may be- bring it on. Alberta is sitting in a long-term stable situation that is only getting better, thus increasing house prices due to the insatiable demand for housing.