Do You Buy or Do You Wait

Are you still contemplating whether to make the leap and purchase the house? The most recent Calgary market statistics paint a compelling picture: a property that was priced in the mid 500K range back in January has now surged to well over 600K in just half a year. This swift escalation shows that waiting might not be the ideal strategy in today's Calgary market. On the flip side, a savvy investor managed to secure an impressive profit in capital gain. With a Return on Investment (ROI) of nearly 10%, which is considered a highly coveted rate, this smart investor reaped the rewards of their decision. The concept of ROI essentially highlights how much money is earned in relation to the initial investment made. Whether or not you see yourself as an investor, striving for a substantial capital gain should certainly be a goal worth pursuing for anyone looking to maximize their financial returns in the real estate market.