Hot housing market, not

Forum about Fort McMurray real estate, hosing pricing and homeownership

Hot housing market, not

Local real estate board is claiming that the housing market in Fort Mac is "hot" fort-mcmurray-news/wood-buffalo-housing-market-heating-t7515.html, because there are more housing starts in December.

I don't get their shallow logic, sales have been falling all over Canada including Fort McMurray, the reason why there are more housing starts is because builders are developing Parsons Creek. Next year there will be more houses for sale, plus all the new ones that they've build in Parsons Creek, which will lead to oversupply and result in cooling housing market here. Plus the tougher mortgage rules will not help.
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Re: Hot housing market, not

Unread postby akouznet » Wed Jan 16, 2013 7:52 pm

I`m patiently waiting for the Fort Mac to follow the rest of Canada
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Re: Hot housing market, not

Unread postby jango » Thu Jan 17, 2013 8:14 am

come on its by real estate boards, where else can you make 10K with a handshake and signinig a few sheets? of course they will say its getting hot,....
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