Calgary Homeowners Gain $8407 in Net Wealth in 2015 as House Prices Fall

Burlington, Aug. 24, 2016 - According to data released today to The Wealthy Homeowner™, Calgary homeowners following The Wealthy Homeowner™ strategy gained home equity in 2015.

The city of Calgary has been undergoing a house price correction since the price of Oil collapsed in 2014 but at the same time homeowners who availed themselves of The Wealthy Homeowner™ membership had the opportunity to gain over $8407 during the year even as their homes value declined.

“We just completed a review of our stats for 2015 for our Principle Payment Offset Strategy and across the country the gains in net wealth made have been impressive,” stated Ross Kay the creator of The Wealthy Homeowner™. “Our 2014 notification to Calgary in July and confirmation sent out in August of that year that home price gains would go negative as early as January 2015 provided an opportunity to make pro-active moves to protect homeowners equity and resulting net wealth.”

The three point two three percent (3.23%) gain in net equity was achieved using The Wealthy Homeowner™ strategy deemed the most conservative and the one most commonly followed nationwide. Gains in the first half of 2016 have already exceeded 2015 on an annualized basis.

“While my own preference is for a slightly more aggressive approach many homeowners over 50 are better served by choosing a more balanced strategy of growth,” continued Mr. Kay “Calgary the first major city to be hit with a house price correction since the new strategy format was launched in 2014, shows why ever homeowner who follows traditional and outdated ownership practices will be left behind and how they can be financially devastated in a house price correction.”

The average homeowner in Calgary experienced a decrease of 24% in their net equity of their home during 2015 with a loss of over fifty-four thousand dollars. Compared to The Wealthy Homeowner™ who implemented the strategies the difference is substantial.

The Wealthy Homeowner™ offers its members programs and strategies to both protect and build their net wealth through homeownership. Ross Kay is Canada's leading authority on housing markets and the home selling infrastructure. The proprietary measures supplied to The Wealthy Homeowner™ members allow them to bypass the static that has dominated the homeownership conversation for decades.

Further details can be found at www.TheWealthyHomeowner.ca.