Is it a good time idea to buy a first home in Calgary Would the value go up over the next few years How is it comparable to Toronto

Is it a good time idea to buy a first home in Calgary Would the value go up over the next few years How is it comparable to Toronto

No.No.Much worse.

Expanding on that.Calgary’s economy is dominated by oil and gas.And O&G has been trending into the dumper for years.

And O&G is trending further into the dumper.There’s no upside to Calgary’s economy or real estate market.No, obviously, real estate will not appreciate above the level of inflation in Calgary.

it’s a dead zone.Toronto has a major, diversified economy that isn’t nearly as dependent on fossil fuels.And it’s a cosmopolitan, interesting, walkable city.

Calgary is dependent on a dwindling economic sector small and not particularly cosmopolitan.Toronto is a pretty solid global city.Calgary is a resource extraction dwindling minor city.