CALGARY REAL ESTATE BLOG
Huawei CEO Meng Wenghzou must stay under mansion arrest following this week’s court decision in Vancouver. China’s authorities rage, while continuing to unfairly jail Michael Spavor and Michael Korvig and drastically cut imports of Canadian canola.
Realtors throughout Greater Victoria are using technology to keep buyers and sellers safe during the novel coronavirus pandemic. Virtual tours and livestreamed open houses are now the preferred method of creating interest in properties for sale. Skype, FaceTime and Zoom meetings are also the new way for buyers and sellers to keep in touch with their agent. "There are people who still have to buy and sell real estate," said Victoria Real Estate Board president Sandi-Jo Ayers. "Our members have really embraced the use of technology."
The City of Calgary has been weathering its own storm, long before the COVID-19 public health crisis roared into the spotlight. The city is heavily reliant upon the energy sector, and as a result, the local economy has been suffering from the fallout of sinking oil prices. Investment levels have been weak within the city, and Calgary’s construction sector has been dealing with a downturn of its own.