Subscribe with RSS ReaderANOTHER SELL-OUT EHC CALGARY 87 UNITS IN 3 WEEKS
East Hills Crossing, Building I is sold out...in a matter of days. Calgary is a city that is on the verge. Why? When you dig deeper, it's almost ridiculous. Our Real Estate market is rebounding from several years of falling prices and the pendulum just swung too far the other way. The #1 most livable city in North America, and the #4 most livable city in the ENTIRE WORLD has the lowest priced real estate in Canada, in cities over 1M, a provincial government reducing the corporate tax rate to 8% while pushing an agenda that is diversifying the economy. (Can you say "TECH companies?"). Combined with historically low interest rates, loads of new commercial space available at incredibly low rates, the youngest workforce in Canada, as well as the lowest number of purpose built rentals in North America at 44,000, makes Calgary LETHALLY ATTRACTIVE to both business and real estate investors. Were you wondering why builders were tripping over themselves to build 30 and 40 storey apartments the past couple of years? Greater Calgary is 1. 4 Million and growing. It's kind of like buying into Toronto or Vancouver in the early 2000's.
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