Hey everyone buckle your seatbelts, we are about to go on a 2 year ride of a lifetime !!! Well I guess it isn't a lifetime if you are old enough to remember 2006-2007 when it felt very similar as prices skyrocketed. We don't anticipate that kind of Real Estate boom but it will be very significant. I just love what Shaun Cathcart from the Canadian Real Estate Association just said in the Toronto star "Interest rates are starting to cool the real estate market but Alberta didn't get the memo". In having a detailed look into what most economists are saying it will be a 4-5% gain in prices, and of course they are never wrong !!! What will likely happen is the average price will be just that but the median price ( detached homes priced between $250000-$450000) will be much higher. If you are and or were thinking of making a move and you have a home to sell, do it sooner than later as the inventory is low. Currently there are bidding wars going on for good homes so you will get a good price and as we move closer to spring more inventory will come on. By doing this you will likely be able to catch the current pricing before it goes up to much. It sounds like an oxymoron but it's just tactical planning. If you are lucky enough to be in a position to invest in revenue properties you will benefit with the awesome rental market with the unique Alberta laws. If you are new to this, have no fear as we can walk you through the low stress process that many successful investors follow. Remember this outstanding quote "If you fail to plan you plan to fail"