ONTARIO TO CALGARY
With Calgary brokerages enjoying a good amount of incoming buyers from Ontario in the past six months, in some cases 1 in 5 came from Ontario. Welcome to Calgary, we have added links that we hope you will find helpful.
After a cooling down period and of course Covid, the
economy and growth in Alberta is about to boom again according to a recent
report in the Calgary Herald. Oil and Gas is on the way back and the City is
diversifying into the IT sector.
CALGARY THE WORLDS MOST AFFORDABLE CITY : ARTICLE
A global study from a U.K. mortgage firm claims that Calgary has become the world’s most affordable city in which to buy a home, based on changes in average annual net salary and per-square-foot condo prices over a five-year period ending in 2020.
The study by Online Mortgage Advisor of Derby, England, found that 65 per cent of global cities became less affordable in 2020 compared to 2016, while 35 per cent became more affordable.
“Calgary, Canada, has become more affordable in the past five years with the average person there able to afford 60.3 more square feet in 2020 than in 2016. A bigger positive jump than anywhere else in the world,” the study, released April 7, 2021, found.