Feb. 04, 2015 | Cody Stuart
Energy prices influencing choices in Calgary housing market
Jordan Meloches and his fiancée Ashley Hopkins didn't hesitate when they recently purchased a condominium in the northeast community of SkyView Ranch.
In fact, while many Calgarians were dissuaded from entering the resale housing market in January by lingering low oil prices, the couple said the current economic climate was the farthest thing from their minds.
"The market to us now really wasn't a concern. We bought in SkyView, which is still developing, so I think our value will only increase as the land out there develops," said Meloches, who cited the condo's proximity to their work and future potential as a rental property as factors when settling on a decision.