A new way in which housing prices are reported each month will help make Calgary Realtors jobs easier in explaining market conditions to our clients. The MLS® Housing Price Index (HPI) is coming to Calgary in February, as part of a nationwide rollout involving real estate boards in Canada’s largest cities. It’s an exciting new…
By Julian Beltrame, The Canadian Press OTTAWA – Any thoughts Bank of Canada governor Mark Carney might have had about cutting interest rates further today likely flew out the window after a recent spate of relatively good economic news. The Bank of Canada will announce its policy setting – which influences short term interest rates…
Several Calgary Communities Get a Boost in Sales and Price Calgary, November 1, 2011 – According to figures released today by CREB® (Calgary Real Estate Board), Calgary residential sales totaled 16,184 after the first 10 months of the year, an increase of eight per cent over last year. Over 61 per cent of Calgary’s established…
Calgary Homebuyers Take Advantage Of Affordability And Choice While Upper-end Homes And Entry-level Condo Sales Get A Boost Calgary, September 1, 2011 – According to figures released today by CREB® (Calgary Real Estate Board), sales for upper-end homes are above the pace set a year ago. As of Wednesday August 31, there were 948 single…
Following steep declines in 2010 sales, the Calgary residential resale market is on the path to recovery. Single family sales will lead the growth with an anticipated 8 per cent increase in sales. Prices are expected to record a moderate increase, mostly due to an increase in higher-end sales and consumer appetite for somewhat discounted…
CALGARY HOUSING MARKET ON THE ROAD TO RECOVERY Market improvements driven by clients looking for value Calgary, August 4, 2011 – According to figures released today by CREB® (Calgary Real Estate Board), residential sales continue to trend towards recovery. After the first seven months of the year, single family and condominium sales totaled 11,798, a…
CONDO AND HOME SALES FIND THEIR FOOTING First year-over-year increase in monthly condominium sales since April 2010 Calgary, July 4, 2011 – According to figures released today by CREB® (Calgary Real Estate Board), residential sales surged in the month of June 2011 to 1,979 units. While this indicates a third more sales than June 2010,…
I was showing condos to a client of mine the other day in the Union Square tower in Victoria Park. Union Square is a beautiful tower in the heart of Victoria Park close to the downtown, 17th Ave and various shops and pubs. Units in Union Square range from 1 bedrooms to 2 bedroom and…
This spring has been extremely wet in Calgary with all the rain we have been getting. Here is a video of a home I found in NW Calgary while out on my morning bike ride. From what I can tell the whole walkout level has been completely flooded by the pond in the environmental reserve…
Higher priced homes selling faster as listings trend down This just released today from the Calgary Real Estate Board. Calgary, May 2, 2011 – According to figures released today by CREB® (Calgary Real Estate Board), City of Calgary year-to-date sales declined by 4 per cent compared to the first four months of 2010. The decline was offset by…
Calgary’s NW sector boasted the largest gains in single family homes sales in the first quarter Calgary, April 1, 2011 – According to figures released today by CREB® (Calgary Real Estate Board), Calgary Metro sales remained at levels similar to the first quarter of 2010. Improved sales in the single family market have largely been…
This past week listing inventory increased slightly over last while sales dropped marginally on the 30 day average. To see see a visual feel free to use the charts below. With the spring market quickly approaching in Calgary it is difficult to determine where the market will go. If you have thoughts or opinions please…
Single Family Homes In The Inner City Drive Recovery Calgary, February 1, 2011 – Single family home sales in the City of Calgary edged upwards month-over-month and showed the first year-over-year increase since April 2010, according to figures released today by CREB® (Calgary Real Estate Board). The number of single family home sales in the…
For many homeowners, paying off their mortgage as quickly as possible is a top priority. Paying down extra principal in the early years by whatever means possible can shorten the life of your mortgage – and dramatically lower the interest you’ll pay over the long haul. Here are a few tips on how to make…
Calgary, November 1, 2010 – Home sales in the city of Calgary were down month-over-month in October 2010, showing signs that buyers still remain cautious, despite signs of economic recovery. Year-over-year sales continued to trend lower in the month of October, according to figures released today by the Calgary Real Estate Board (CREB®). The number…
Home sales in the city of Calgary increase month-over-month in September 2010 Calgary, October 1, 2010 – Home sales in the city of Calgary were up month-over-month in September 2010, the first uptick in sales since April 2010. Year-over-year sales continued to trend lower in the month of September, but at a pace slower than…
Just some things Calgary homeowners with strong home equity can do to protect themselves from identity theft and mortgage fraud. OneRealtor out of our office had two clients where criminals went in on low LTVmortgages or free and clear and registered financing without them knowing, then took off with the money. Below are some suggestions…
City of Calgary sales wane as town and country sales hold steady Calgary, September 1, 2010 – Home sales in the city of Calgary continued to trend lower in the month of August, according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family homes sold in August 2010…
Calgary, August 3, 2010 – The summer cool down in Calgary’s housing market continued in the month of July, according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family homes sold in July 2010 in the city of Calgary was down 42 per cent from the same time…
Mortgage trends cool Calgary home sales Calgary, July 2, 2010 – Calgary home sales continued to show a marked year-over-year decline in the month of June, according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family homes sold in June 2010 in the city of Calgary was down 42…
May Brings MarkedDecline in Home Sales Average price risesas move-up buyers enter market Calgary, June 1,2010 – Calgary home sales showed a marked decline in the month of May, according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family homes sold in May 2010 in the city of Calgary…
Economic optimism,improved choice and price stability contribute to a balanced housing market Calgary, May 3,2010 – Calgary’s housing market continues at a healthy and balanced pace, according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family homes sold in April 2010 in the city of Calgary was up 5…
Improved economic outlook and job prospects to be a bigger factor in the long-term Calgary, April 1,2010 – Calgary’s housing market enjoyed a healthy boost in March as homebuyers anticipate an earlier than expected rise in interest rates, according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family homes sold in…
On February 16, Finance Minister Jim Flaherty announced new mortgage rules intended to help ensure homebuyers can handle their debt load when interest rates rise, as well as to slow down real estate speculation. “There’s no clear evidence of a housing bubble, but we’re taking proactive, prudent and cautious steps today to help prevent one. …
In the Canadian Real Estate Association’s 2009 Report on the Consumer, respondents were asked what attributes they considered important in a REALTOR® whom they would hire to sell their home. Over half (58.6 per cent) of all respondents said “trustworthiness and honesty” was the primary attribute. “A solid, overall knowledge of the housing market” was…
With rising interest rates on the horizon buyers will see 2010 as the year to take advantage of low mortgage rates Calgary,February 1, 2010 –Affordability continues to drive a recovery in Calgary’s housing market according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family homes sold in January…
Low borrowing costs continue to fuel market recovery : Calgary Real Estate Baord Calgary, December 1, 2009 – The Calgary housing market is showing signs of a sustained recovery according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family homes sold in November 2009 in the city of Calgary…
After reading this article by the Toronto Star please let us know your thoughts. Are Calgary Realtors charging too much for commissions? My opinion is you get what you pay for!! What’s your opinion? Canadians in the housing market will pay less in realty commissions and fees if the federal Competition Bureau has its way. In a…
Calgary, November 2, 2009 – The Calgary housing market continued to rebound in October, according to figures released by the Calgary Real Estate Board (CREB®). “Calgary’s housing market has clearly turned a corner,” says Bonnie Wegerich, president of CREB®. “We expect there to be a few bumps on this road to recovery but we believe…
The Town of Cochrane has retained the services of Stantec Consulting Ltd. to determine the cause of ongoing Bow Ridge wall movement affecting the community of Bow Ridge Phase III, more specifically, those portions of Bow Ridge Drive, Bow Ridge Link and Bow Ridge Close, directly adjacent to the hill. The process was initiated in May…