Cranbrook BC Real Estate

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Carla Sinclair

Economic Unrest still Prevelant in the Cranbrook Real Estate Marketplace

We are still seeing sales reflecting the 2003 and 2004 slower market.  Job loss is the one of the biggest influences in the real estate market and coming a short second would be consumer confidence.  We don't know what will happen next.  It seems that things are getting back on track and then you hear an annoucement that it is just a bit of Spring Fever.  One day you hear Tembec is shutting everything down for the Summer then they receive a big chunk of money from the government for black liquor and they are up again and everyone is happy.  Its hard to keep a positive outlook.  IThe Vancouver real estate market and the Calgary real estate market have started to stabilize.  We are always a short distance in time behind them.  I do believe it is getting better.  It is just going to be a bumpy road.
Published Tuesday, June 30, 2009 7:39 AM by Carla Sinclair

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