When markets started off to seriously explode in Toronto in 2020, numerous investors from the area began looking in other places for financial investment alternatives. A person popular location was Calgary which was beforehand overlooked by many. Now, as the Toronto industry starts to turn all-around amid climbing interest fees, the Calgary industry is still on training course and the need from out of province traders is just as continuous.
We spoke to Mark Verzyl, a top rated community real estate agent and investor primarily based out of Calgary, about why so numerous investors from the GTA are captivated to Calgary and how the foreseeable future of the market place may possibly appear in the coming calendar year.
In the previous thirty day period, price ranges have begun to minimize in Toronto although the city continue to stays mostly unaffordable. Calgary, on the other hand, is still far additional affordable