Love your updates. Happy to be back in Silverado.

@ChamberlainGroup

7 ай бұрын

Thank you. Glad you’re back in town… from BC right? Trying to recall from past comments you’ve made. 😂

@thepedalsadvocate7389

7 ай бұрын

Yep!

Good insights

@ChamberlainGroup

7 ай бұрын

Appreciate it. Thanks for taking the time to watch and comment🙌

nice information and update. if rates stay the same or start to go down its going to be pretty hectic sellers market imho in the spring. =)

@ChamberlainGroup

7 ай бұрын

I’m thinking the same thing… appreciate the comment and watching.

if they drop rates make sure you hold gold and silver. they are already breaking out with interest rates moving up it will be a lot more when they drop rates. I would be surprised if they sacrifice the purchasing power of the dollar to pump up housing prices even higher. If anything they need the price to drop at least 25% across the country.

@ChamberlainGroup

7 ай бұрын

Will be interesting to see how commodities like that respond.

great update and insights as usual note to the editor: please consider lowering the music levels!

@ChamberlainGroup

7 ай бұрын

Thank you for watching and commenting. Noted!

Hi do you mind sharing where you got your glasses from. The frame looks awesome!

@ChamberlainGroup

6 ай бұрын

Think they were from Clearly.ca

If interest rate remain unchanged, i think Condos will win 2024. If rates fall, Townhomes will become more affordable and likely to have most percentage price rise in 2024.

@ChamberlainGroup

7 ай бұрын

Interesting. I think if rates fall condos will still have a good run because all product types will rise in value.

@chineduogbonna6947

7 ай бұрын

If rates fall, I think 2024 will be another year of Townhomes. It’s more attractive than condos and will become more affordable. Obviously could be wrong, difficult to predict the markets.

Is it’s advisable to buy a detached now or wait till sometime in 2024 because for now it’s about 750k. Will price ever drop?

@ChamberlainGroup

6 ай бұрын

Let’s chat more about creating a strategy for you. www.chamberlaingroup.ca/contact/

Hello Chamberlain thank you for your weekly updates this info was very helpful to understand the current market. I have a rental property and been thinking of selling it. Its a detached 800sqft bilevel house. My question is will the prices go higher in the summer 2024 or should I sell now?

@ChamberlainGroup

6 ай бұрын

Thank you for the kind words! It depends on where it’s located and the price range. Lets chat more here www.chamberlaingroup.ca/contact/

I would love to see the average increase for the last 10 years, 20 years and 30 years for detached homes in Calgary. Just to have an idea about a long term scenario with all the ups and downs from back then... Great content btw! Thanks for that!

@ChamberlainGroup

7 ай бұрын

Great idea. Stay tuned!

😊😊😊😊

Hey, do you think buying a new townhouse in Currie barrack is a good idea? Considering it’s price of just under 700K including gst.

@ChamberlainGroup

7 ай бұрын

If you’re working with our team to purchase it, we can give you that advice. As I don’t know your situation and what you’re looking for it could or couldn’t be a good purchase 🤷‍♂️ want to chat about us helping you either the purchase let me know www.chamberlaingroup.ca/contact/

@mr2_mike

6 ай бұрын

Always a great time to buy. -Every RE agent

@ChamberlainGroup

6 ай бұрын

@@mr2_mike it is… but not everyone should. There’s a difference.

Thanks for succinct year end summary. 2023 is the year of Townhomes. Which segment would have most percentage rise in 2024?

@ChamberlainGroup

7 ай бұрын

Probably most products sub 700-800k but it’s hard to say for sure.

@freeaudiobooks7469

7 ай бұрын

Depends how many immigrants joyti floods in

@stephenn88

7 ай бұрын

2023 is year of tent ⛺️

My sitch: I'm looking to upgrade from my condo to something semi detached/ row townhouse. With your crystal ball skills what do you foresee for the condo market in 2024? Thanks for the great content!!

@ChamberlainGroup

7 ай бұрын

You’re welcome. 🔮 🤔 😂 the best way is to track what your condo building is doing because all of them are different and are like their own individual markets in some case. If you want a way to do that we can setup a homebeat for you. Reach out and we can get that going www.chamberlaingroup.ca/contact/

If rate drops next year, it is likely oil price will follow as well. With the new methane cap coming, it is not looking too Sunny.

@mr2_mike

6 ай бұрын

You're 100% correct. People are oblivious thinking Calgary will not bust if the O&G gets decimated by the federal government.

I live in Vancouver and I’m looking to invest in Calgary real estate. (Im thinking Brentwood area / anything around UofC for around 300k). Looking to pull the trigger around late 2024 / mid 2025. What kind of interest rates can I plan for around that time? Is it worth waiting longer to get a better rate? Is there better areas I should be looking at for rental properties?

@ChamberlainGroup

6 ай бұрын

Probably best to chat more about what your goals are to help with your strategy. www.chamberlaingroup.ca/contact/

@njcanuck

6 ай бұрын

You might get a luxury doghouse in Brentwood. Maybe a small condo. Close to downtown and the U. Pretty sweet location. Good luck!

I'm in a bungalow in the SE. How does this house type differ from the sea of 2 storey house surrounding me?

@ChamberlainGroup

6 ай бұрын

Are you meaning for your value or what specifically do you mean? May be easier to converse here www.chamberlaingroup.ca/contact/

@njcanuck

6 ай бұрын

@@ChamberlainGroup I’ve heard that a bungalow costs more per sq ft than a 2 storey. There is a premium for this house style. It’s very popular for a certain market demographic. Is there any data that segregates bungalows for resale price, demand/supply, property tax, etc. I’m replying here because it might be of general interest. Thanks!

When interest rates start dropping prices will skyrocket.

@ChamberlainGroup

7 ай бұрын

There are a lot of fence sitters waiting for them to drop.

@gcc8584

7 ай бұрын

Which reduces Tiff's ability to drop rates.

@mr2_mike

6 ай бұрын

Then what happens when they lose their job due to oil price decline?

If we go into a recession in 2025, the bank of Canada 🇨🇦 will definitely reduce interest rates. How will these two competing factors (recession & low interest rates) impact housing market?

@ChamberlainGroup

7 ай бұрын

Lower interest rates brings more fence sitters off the fence = more demand. If there’s less supply 💰👆

@chineduogbonna6947

7 ай бұрын

You think lower rates would override negative sentiments prevalent during recessions?

@gcc8584

7 ай бұрын

Tiff can tweak and pretend but he is ultimately bound to within a few points of the FED. Not much can be done if the FED doesn’t cut.

@CJ-le6pe

7 ай бұрын

Recession coming in 2024. Initially hurt prices but then rates dropping will slingshot prices higher in 2025. TO VAN going to feel more pain than CGY

Don't listen to RE agents... listen to economists. TD and CREA have said house prices are to drop 10% across the country by Spring. Add a recession, drop in oil and the typical crash in Calgary when a recession hits. Don't buy as a first time buyer or investor in Calgary until 2025-26.

@ChamberlainGroup

7 ай бұрын

Thanks Rachel for showing up again. Was missing you! Making a statement like ‘the whole country will drop, regardless of the individual data in a particular city’ isn’t good advice either. Will prices drop across the whole country? Sure it could. Could there be cities that don’t drop to the same rate as others. For sure. Could there be outliers that buck the trend and increase? For sure. Will Calgary be the one to be the outlier? Don’t know. I never once (not that I’m recalling in this moment) did I say in this video that prices will rise… is there a chance that Calgary is set up to be in a great place for 2024, I think so.

@mr2_mike

6 ай бұрын

Lotta new bag holders are brewing.

Dude turn down your background music. How the heck can we listen to you speak? Come on now.

@ChamberlainGroup

7 ай бұрын

🎶… noted… 😂 oh. And about those realtors propping up prices for greed. Right?