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2021 Interview of 429 Experts around the World on Covid-19
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Terry BrookeCountry: Canada
City: Calgary
Position: Managing Director
Organization: Bourgeois Brooke Chin Associates
On the whole, what was the percentage change in housing prices in your city during end 2019 to end 2020In your opinion, what will be the percentage change in housing prices in your city during end 2020 to end 2021
When will the property markets recover after Covid-19?
| Sector | Answer |
| Agricultural land |
|
| Urban land |
|
| Office |
|
| Shopping |
|
| Industrial properties |
|
| Hotels |
|
| Resort properties |
|
| Rental housing & rental apartments |
|
| Owner-occupied apartment or condominiums |
|
| Detached houses, rowhouses or low-rise residence |
|
| Residential land subdivision |
|
| Retirement living |
|
| Overall Assessment for your country |
|
What are ‘new normal’ in real estate in your opinion?
Real estate markets have been impacted by oil prices for past 6 years. The combination of price recovery, greater efficiency in the industry and delayed purchasing in 2020 has created a very active market in all property types with associated price increases.
How should we adjust ourselves in real estate business?
Much greater innovation required but this was a long term trend that has been accelerated by COVID.
Which sectors are you in? (multiple choices)
2021 Interview of 429 Experts around the World on Covid-19
