Market Continues Shift Toward More Balanced Conditions After Torrid Start to the Year - Citywide sales in August reached 2,151 units, 37 per cent higher than last year and 25 per cent higher than long-term trends. Sales have slowed from the record-setting pace seen earlier this year, but on a year-to-date basis, the eight-month total of 19,516 sale...
It’s that time of year again, when the air gets cooler, a flurry of colour begins to transform the trees, and excitement builds as the holidays grow closer! After a year of uncertainty, why not have some fun and add a few festive touches to your front porch or yard? Below are five quick decorating tips to help brighten your street presence and add...
CREB, July 2021 - Since March, the Calgary housing market has been hitting record-high sales each month and supply has not kept pace. This has caused extremely tight conditions, especially in the detached sector, where benchmark home prices went from $492,000 in January to $537,200 in June. These steady price gains have encouraged more sellers to l...
Price Growth Slows As Supply To Demand Balance Improves - July sales totalled 2,319 units, which is well above long-term averages and the best July on record. The pace of sales growth has eased over the past few months, but so too has the pace of new listings growth. This has helped prevent any further monthly gains in inventory levels, and while o...
A true real estate staple: the open house. Open houses offer a fantastic opportunity for you to get a feel for available homes in the early stages of your buying process - whether you're considering a particular neighbourhood or browsing different types of homes available. In fact, according to the 2019 Zillow Group Consumer Housing Trends Report...
Supply Trends Up But Market Still Favours The Seller - Calgary’s housing market is showing few signs of letting up, as sales reached 2,915 units in June – a record high for the month. “It is taking time for supply to catch up with the demand in the market,” said CREB® chief economist Ann-Marie Lurie. “Through the early spring market, many buyers di...