Calgary, January 1, 2016 – Housing market characterized by slow demand Elevated supply levels placed downward pressure on prices in December With the focus shifting toward the holiday season, December sales activity slowed to 878 units in the city, 18 per cent below last year at this time and well below the five and 10-year… [Read More]
Property assessment vs asking price
At times, we meet people who want to sell their home and want to use the value on their property assessment to determine the selling price of their home. We also meet buyers who compare the asking price of a home with the property assessment by the city of Calgary. There are a few reasons… [Read More]
Real estate stats November 2015
Market conditions in favor of buyers. Weak sales activity relative to inventory places downward pressure on prices. Calgary, Dec. 1, 2015 – Persistently high inventory levels within Calgary’s residential resale housing market, combined with weak sales activity, contributed to buyers’ conditions in November. Monthly sales totaled 1,263 units, a 28 per cent decline from last… [Read More]
Real estate stats September 2015
Prices ease as expected Inventories rise as sales activity softens further Calgary Real Estate Board October 1, 2015. Following four months of relative stability, unadjusted benchmark prices eased as expected in September to $456,300, a 0.26 per cent decline compared with last year. Most of this aggregate moderation was due to price declines in the… [Read More]
Real estate stats October 2015
Prices decline for the second consecutive month Sales activity remains well below long-term averages Calgary, November 2, 2015. Elevated inventory levels in October contributed to a second consecutive month of price declines in Calgary’s resale residential housing market. Benchmark prices declined 0.7 per cent from the previous month, and 1.2 per cent from the same… [Read More]
Real estate stats August 2015
Calgary, August 1, 2015: August sales activity falls below long-term averages Calgary’s residential resale housing market recorded further easing in absorption rates in August due to weaker sales activity. Sales in the city declined by 27 per cent to 1,643 units last month relative to the same time last year, and 12 per cent below… [Read More]
Real estate stats July 2015
Market remains balanced despite easing in absorption rates Supply gain in apartment sector threatens to impact price Declines in residential housing sales activity eased in July, creating, when combined with stable inventory levels, no change to the month-over-month price. Year-over-year sales fell by 14 per cent to 1,995 units in July, compared to a 17.8… [Read More]
Home value Calgary
Despite all technology, getting the value of your home is NOT an instant option; it is a marketing trick. Many ads promise you instant result, but next thing you know, you get bombarded with calls and emails. Yes, 7000 Calgary realtors are hunting for your business! Try an instant home value here! We are… [Read More]
Real Estate stats June 2015
June sales consistent with typical levels and Calgary inventory levels ease Despite the 18 per cent year-over-year decline in June home sales, for a total of 2,183 units, transaction levels remain only five per cent below the 10 year average for June and three per cent above levels over the past five years. “We’ve seen… [Read More]
Calgary Home Value
Despite all technology, getting the value of your home is NOT an instant option; it is a marketing trick. Many ads promise you instant result, but next thing you know, you get bombarded with calls and emails. Yes, 5000 Calgary realtors are hunting for your business! We are known for being straightforward, and here are… [Read More]
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