Supply of lower-priced homes remains low for January City of Calgary, February 1, 2023 The level of new listings in January fell to the lowest levels seen since the late 90s. While new listings fell in nearly every price range, the pace of decline was higher for lower-priced properties. At the same time, sales activity… [Read More]
Real Estate Stats February 2023
Real estate statistics for February 2023 will be released on March 1 For automatic updates on these emails request a market report
2023 Calgary real estate outlook
Calgary housing market expected to stabilize in 2023 Below is a summary of the 2023 outlook report, created by the CREB’s chief economist Ann-Marie Lurie. It was released in January 2023. The full report gives a clear and easy to read analysis of the economic and housing market trends in Calgary and surrounding areas. According… [Read More]
Buying or selling a stigmatized property
Former grow-ops, a home in which a death has occurred, an apartment on the 13th floor; many different stigmas can potentially affect the value of a home. But when is a seller required to disclose a stigma? And what can a buyer do to avoid buying a stigmatized property? What is a stigmatized property? A… [Read More]
Real Estate Stats December 2022
2022 saw record-high sales and double-digit price growth City of Calgary, December 1, 2022 December sales eased, however, slowing sales over the second half of 2022 were not enough to offset earlier gains as sales reached a record high of 29,672 units in 2022. Over the past several months, the pullback in sales was also… [Read More]
Real Estate Stats November 2022
2022 on track to be a record year for sales City of Calgary, Dec. 1, 2022 – Residential sales in the city slowed to 1,648 units, a year-over-year decline of 22 per cent, but 12 per cent above the 10-year average. The pullback in sales over the past six months was not enough to erase… [Read More]
How to set an offer price
How does one set an offer price when buying a home? Go in lower than asking price? How much lower? Or maybe the market dictates one to offer over list price. There is no set calculation or method to determine how to set an offer price. The process of offering involves some research, comparisons, experience… [Read More]
120 Panatella Landing NW
Across from green space | Bright and open corner unit
1912 Green Ridge Road SW – Glendale
4 bed | 2 bath | developed basement | detached garage
Real Estate Stats October 2022
Sales remain stronger than pre-covid levels City of Calgary, Nov. 1, 2022 – October sales eased compared to last year’s levels, mostly due to slower activity in the detached sector. However, with 1,857 sales this month, levels are still stronger than long-term trends and activity reported prior to the pandemic. Year-to-date sales have reached 26,823… [Read More]
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