Home prices remained stable in May Demand for detached housing continues to rise City of Calgary, June 1, 2017 – Fueled by the detached sector, Calgary home prices trended up for the fourth consecutive month, but remain below 2014 highs. “The economic climate is supporting detached housing market recovery,” said CREB® chief economist Ann-Marie Lurie…. [Read More]
Real estate stats April 2017
Housing market retains momentum in April City-wide prices hold steady as labour market improves Calgary’s housing market continued to show signs of stability in April. With improvements in the labour market and a balanced detached sector, city-wide benchmark prices reached $439,600 in April, similar to the previous month, but 0.90 per cent below last year’s… [Read More]
Dower Act and selling your home
Dower rights have been around for nearly 100 years. Today, Dower rights protect the spouse of a registered owner of real property. In simple wording, when the spouse is not registered on the title as owner of the house, this spouse must give consent to sell it. What is Dower? When you have lived in… [Read More]
Real estate stats March 2017
Housing market set for favourable lead into spring Detached prices stabilize as city-wide inventory trends down After a long period of disconnect between supply and demand, Calgary’s detached housing sector is firmly in balanced territory. Sales were still 10 per cent below long-term trends in March, but above levels seen in recent years, while average… [Read More]
Explore Calgary’s house styles
From bungalows to 5-level splits, Calgary’s real estate offers a variety of house styles. Here is an overview of the type of single-family homes that can be selected in the MLS. While the examples are very general, Calgary real estate is very diverse and some communities are more consistent with a particular home style than… [Read More]
Realtors and Agency Relationship
By law, every realtor must explain to you agency relationship. It is important to make sure you understand it, and to ask questions if you don’t fully understand it. A good realtor discloses this brochure as early as possible. It makes the relationship between you and an agent transparent. You will have to sign this… [Read More]
Real estate stats February 2017
Detached sales activity boosts February housing market Calgary Real Estate Board – Calgary March 1, 2017 After the first two months of the year, Calgary’s detached sector continues to drive a slow transition in the housing market. February sales totaled 1,342 units, which is still 19 per cent below long-term averages, but an improvement over… [Read More]
Real estate stats January 2017
January market improves over last year Calgary Real Estate Board – Calgary February 1, 2016 For the fourth consecutive month, housing inventory levels have recorded year-over-year declines. At 4,112 total units, January’s inventory was 18 per cent below last year’s levels. “While housing conditions continue to favor buyers, a slow transition toward more balanced conditions… [Read More]
Real estate stats December 2016
CREB® forecasts a slow transition for housing in 2017 Calgary, January 11 2016. After a long period of economic downturn, Calgary’s housing market is expected to see some price stability in 2017, but not across all market segments and property types. Both detached and attached prices remain unchanged over 2016 levels, while apartment is forecasted… [Read More]
Tips for first time home buyers in Calgary
Calgary offers real estate for everyone. There are a wide variety of Calgary homes and condos for sale, ranging in prices and styles. Even though your perfect first home is out there, knowing where to start can be a challenge. Here are a few tips for first time home buyers in Calgary. If you have… [Read More]
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