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Realtors cautiously optimistic about market recovery

It's been a tough market to sell houses in, but Calgary realtors are persevering.

It's been a tough market to sell houses in, but Calgary realtors are persevering.

Last year, 5,700 licensed realtors worked in the city compared to roughly 5,500 now. The Calgary Real Estate Board isn't sweating the five percent drop, but are instead focused on a market recovery.

"We've probably done more sales in February now than we've done in January, so we're already two weeks into February and if we've already done more sales than we did in all of January, that's a very positive number," said board president Bonnie Wegerich.

Moving companies are also optimistic about a market pick-up, and operators don't expect trucks to sit idle for much longer.

"It's going back to the way I remember Calgary, what it used to be like," said Wes Robinson, a branch manager for Matco Transportation Systems Ltd. "Hopefully we get to that place where it's been four or five years where it's busy year-round."

With spring housing sales popping up, both realtors and movers are holding out hope for an economic turn-around.

 
 
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