Just chatting with a major developer in Calgary - typically the market has 5 months of inventory... they are under a month right now. He sold 79 condos in January in -30C, a record month by more than 30% and has raised his prices by 15% because of that in a month. That's 2.5 units a day in a single project... unreal.
__________________
"The destructive effects of automobiles are much less a cause than a symptom of our incompetence at city building" - Jane Jacobs 1961ish
Wake me up when I can see skyscrapers
|
Threaded Mode