I know Melanie Ann Karnavas. as a popular crypto experts' people talk about, her transparency in the crypto community speaks for her, I attended her seminar in Brisbane last year.
There are a few townhomes in our complex that were listed in September and October for what they were selling at in June (one was listed in June and relisted after adding new flooring and appliances) and all have had to lower asking price by $10,000-$20000 and are still sitting. One listed for $20,000 less than what they were selling for in the summer and it sold right away the rest are still sitting . I am curious to see what happens as our landlord is selling this spring and we are looking. I really would like to wait another year to really see what happens with prices but don’t want to move to a rental only to move again especially when rental are still hard to come by. It could go either way either further rate cuts and the 30 year amortization brings in a surge of buyers or everyone is unemployed and prices dip….I could see it going either way in the next two years…
I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering potential inflation?
From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
Isn't Calgary historically a boom and Bust market? What is the catalyst in the new year to drive prices back up? Maybe I am missing it, but I just don't see it. I think 25 turns out to be a buyers market.
It is, and was/is highly correlated with energy production and prices. I would say this time we have added migration and price arbitrage from Ontario/B.C folks, but fundamentally I still think it is boom and bust market. Agree with you that soon it can tilt to buyers market again
All markets are a boom and bust. Calgary was a little more volatile, because 25% of Alberta's GDP comes from oil and gas. This last boom wasn't because of that though, it was from migration. But just like you guys, I'm also wondering if and when a correction will come
In a downturn market it's possible to get a 10% correction. The interesting thing is in the last half of 2023, detached home prices were between $690,000 and $700,000; and that WAS the correction - it just stayed flat. Right now they are sitting in the $750's so if a 10% correction were to happen, property values for detached homes would go down to about $675,000. I think a big difference is between July 2022 and July 2023, about 16,100 people left Toronto and 26,700 came to Calgary - check out the graph "Population growth due to interprovincial migration" in this article here: www.cbc.ca/news/canada/calgary/calgary-edmonton-cmas-july-2023-population-estimates-2024-data-release-1.7210191
dont worry I answered that for you in your other comment video. This is not vancouver real estate my chinese buddy, calgary has boom and bust cycles, look into it.
Unemployment is high in Alberta, federal government is stopping mass immigration and ON /BC buyers and renters can now go back to more afforable markets. I think Alberta and specifically Calgary is going to be walloped over the next 2-3 years with a slow and steady decline as more and more supply comes online- there are so many units coming online in the next 18 months. I think we will easily see a 10% correction in Edmonton and 15-25% in Calgary
@nsevv Thanks for commenting! I'm always curious about what my viewers are thinking - we have gone up a ton since 2020, is it because of prices that has got you thinking it is a bubble? Anything else?
I don't know anyone that has NOT benefited from this strategy! As long as they hold for a reasonable amount of time to see through the economic cycles 👌
Nov sales WILL be higher than Oct. Watch the stats next month. The window to get in is before EOY 2024, by spring 2025 will be at least 10% higher than today. Assuming rates continue to cut.
@@MikoSil-h7orude awakening? Whoahaha…😂 how much rude awakening are you expecting before jumping in from the sideline are you suggesting from the data mr economist?
@@MikoSil-h7o I agree. I know so many people leaving Calgary- moving to the States or back to ON/BC to be with their family. We have high rental vacancy too
@@derekwdna LOL how much you wanna bet you were the "There's no supply, and there's so much demand" type of person. If you did enough research you'd understand Calgary had so many boom and bust cycles, that you wouldn't make a lousy prediction of " by spring 2025 will be at least 10% higher than today". You need to look at real estate in a macro environment perspective, and all macro signs are it will be lower next year then this year. Your population increase debate is no longer valid, your supply debate is no longer valid, and when oil prices drop, then good luck Calgary real estate. You need jobs here to sustain this imaginary 10% growth you have.
Thanks everyone for sharing your perspectives! It’s clear there are different views on where Calgary’s real estate market is headed. It’ll be interesting to see how factors like interest rates and population changes influence things in the coming months. Appreciate the thoughtful discussion! This does inspire me to make a video on Calgary's historical down turns ... how bad are they and what do the numbers actually show?! Anyone else curious about that as a video topic???
Do you believe Calgary’s real estate market will become more favorable for buyers or sellers in 2025? Share your predictions!
Hello, I want to start investing, but I'm unsure where to start. Do you have any advice or contacts for assistance?
You need a pro or very good Trader. Someone like Melanie Ann Karnavas
I'm surprised that you just mentioned and recommended Melanie Ann, I met her at a conference in 2018 and we have been working together ever since.
I know Melanie Ann Karnavas. as a popular crypto experts' people talk about, her transparency in the crypto community speaks for her, I attended her seminar in Brisbane last year.
This is correct, Melanie strategy has normalized winning trades for me also and it’s a huge milestone for me looking back to how it all started.
Please educate me. I've come across this name before. Now I am interested. How can I reach her?
There are a few townhomes in our complex that were listed in September and October for what they were selling at in June (one was listed in June and relisted after adding new flooring and appliances) and all have had to lower asking price by $10,000-$20000 and are still sitting. One listed for $20,000 less than what they were selling for in the summer and it sold right away the rest are still sitting . I am curious to see what happens as our landlord is selling this spring and we are looking. I really would like to wait another year to really see what happens with prices but don’t want to move to a rental only to move again especially when rental are still hard to come by. It could go either way either further rate cuts and the 30 year amortization brings in a surge of buyers or everyone is unemployed and prices dip….I could see it going either way in the next two years…
Don't work for money; make money work for you. Invest wisely today to create the freedom you desire tomorrow.
Many new tra-ders face challenges without proper guidance. I found success by learning from James Clark's expertise.
@@semendxexactly that's why I always seek Mr J Clark's guidance in all I do 😊
I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering potential inflation?
Celebrating a $30k stock portfolio today from a $6k start. Investing wisely has given me time for family and future plans.
From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
yo this guy knows his stuff!
Thanks buddy!!
Isn't Calgary historically a boom and Bust market? What is the catalyst in the new year to drive prices back up? Maybe I am missing it, but I just don't see it. I think 25 turns out to be a buyers market.
It is, and was/is highly correlated with energy production and prices. I would say this time we have added migration and price arbitrage from Ontario/B.C folks, but fundamentally I still think it is boom and bust market. Agree with you that soon it can tilt to buyers market again
@@Rozbiynukpeople are not coming from BC and Ontario as much. Not even close. BC and Ontario markets have had 20-25% corrections
All markets are a boom and bust. Calgary was a little more volatile, because 25% of Alberta's GDP comes from oil and gas. This last boom wasn't because of that though, it was from migration. But just like you guys, I'm also wondering if and when a correction will come
Well Bc Ontario have had 20-25% corrections. So you better believe Calgary will have a 10%~ correction as well
In a downturn market it's possible to get a 10% correction. The interesting thing is in the last half of 2023, detached home prices were between $690,000 and $700,000; and that WAS the correction - it just stayed flat. Right now they are sitting in the $750's so if a 10% correction were to happen, property values for detached homes would go down to about $675,000. I think a big difference is between July 2022 and July 2023, about 16,100 people left Toronto and 26,700 came to Calgary - check out the graph "Population growth due to interprovincial migration" in this article here: www.cbc.ca/news/canada/calgary/calgary-edmonton-cmas-july-2023-population-estimates-2024-data-release-1.7210191
Yes
Thanks for supporting us hakimbey!!
Why sales and price are up in November? November is a slow month
dont worry I answered that for you in your other comment video. This is not vancouver real estate my chinese buddy, calgary has boom and bust cycles, look into it.
@ you are still live in the 80s.
Currently single family houses are selling for 800k. Are you still renting?🤏
@ you are a good example of someone have been sitting on the sideline for 20years and just talk talk talk. A
Unemployment is high in Alberta, federal government is stopping mass immigration and ON /BC buyers and renters can now go back to more afforable markets. I think Alberta and specifically Calgary is going to be walloped over the next 2-3 years with a slow and steady decline as more and more supply comes online- there are so many units coming online in the next 18 months. I think we will easily see a 10% correction in Edmonton and 15-25% in Calgary
@nsevv Thanks for commenting! I'm always curious about what my viewers are thinking - we have gone up a ton since 2020, is it because of prices that has got you thinking it is a bubble? Anything else?
lol keep dreaming
I am here waiting for the crush to happen so i can buy 500k house with double garage in good😂 communities
Same here bud! haha reach out to us when you're ready!
keep dreaming
Oh yeah!
Solution: Buy and Hold.
I don't know anyone that has NOT benefited from this strategy! As long as they hold for a reasonable amount of time to see through the economic cycles 👌
bubble has pop.
Oopss
2more years
Nov sales WILL be higher than Oct. Watch the stats next month. The window to get in is before EOY 2024, by spring 2025 will be at least 10% higher than today. Assuming rates continue to cut.
damn you are in for a rude awakening with your investment property LOL
@@MikoSil-h7orude awakening? Whoahaha…😂 how much rude awakening are you expecting before jumping in from the sideline are you suggesting from the data mr economist?
@@MikoSil-h7o I agree. I know so many people leaving Calgary- moving to the States or back to ON/BC to be with their family. We have high rental vacancy too
@@derekwdna LOL how much you wanna bet you were the "There's no supply, and there's so much demand" type of person. If you did enough research you'd understand Calgary had so many boom and bust cycles, that you wouldn't make a lousy prediction of " by spring 2025 will be at least 10% higher than today". You need to look at real estate in a macro environment perspective, and all macro signs are it will be lower next year then this year. Your population increase debate is no longer valid, your supply debate is no longer valid, and when oil prices drop, then good luck Calgary real estate. You need jobs here to sustain this imaginary 10% growth you have.
Thanks everyone for sharing your perspectives! It’s clear there are different views on where Calgary’s real estate market is headed. It’ll be interesting to see how factors like interest rates and population changes influence things in the coming months. Appreciate the thoughtful discussion! This does inspire me to make a video on Calgary's historical down turns ... how bad are they and what do the numbers actually show?! Anyone else curious about that as a video topic???