Don't buy a house in 2023?! Is the market going to crash? Should you wait before you buy a house in 2023? If you're watching this video you're probably thinking about buying a house in 2023. The Calgary Real Estate market has been affected by the interest rates, which rose at the beginning of 2023 to a level that is affecting home sales, but there are many factors that you must consider before making a decision to buy a house in 2023. Economists, the news, and social media are all saying don't buy a house in 2023, but of course headlines are made to sell. What are the advantages if you buy or if you don't buy a house in 2023? Watch this video to give you further insight before you make your decision.
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DON'T BUY A HOUSE IN 2023
00:00 Intro
01:27 Rising Interest Rates
02:41 Low Inventory
03:08 Record Migration
04:09 Time to Sell
04:19 Ban on Foreign Buyers
04:52 Decreased Affordability
05:19 High Development Costs
06:08 To Buy or Not To Buy?
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