Luxury realtor gives vote of confidence to Calgary
While there may be concern over the high-end property market in Calgary currently a European realty firm believes that the longer term outlook for the city’s luxury homes is positive. German real estate firm Engel & Volkers has just opened an office in Calgary following new offices in Toronto and Victoria and senior advisor and president of sales Mark Evenden is upbeat. He told the Calgary Herald that despite fears there are many good factors for the market including the strong economy, high migration and low interest rates. Evenden says that listings are high and there is uncertainty but that he is still involved in high value deals with people who want to buy in the city.