John Whittaker: Maxwell Capital Realty, Associate Realtor

07/13/2023

06/14/2023

Open House Wednesday June 13, 2 until 4, in a wonderful 60+ facility at 3324 Millrise Pnt! The amenities are fantastic all at a very reasonable price!

06/12/2023

Limited supply continues to impact residential property pricing however...
by CREB® on June 01, 2023
City of Calgary, June 1, 2023 – Thanks to a significant gain in apartment condominium sales, May sales rose to 3,120, a new record high for the month. While the monthly gains have not outweighed earlier declines, this does reflect a shift from the declines reported at the start of the year.
At the same time, we continue to see fewer new listings on the market than last year, causing inventory levels to fall. With a sales-to-new-listings ratio of 85 per cent and months of supply of one month, conditions continue to favour the seller placing further upward pressure on home prices.

“Calgary’s housing market continues to exceed expectations with the recent gain in sales activity this month,” said CREB® Chief Economist Ann-Marie Lurie. “The higher interest rate environment and recent rental rate gains have driven more consumers to seek apartment condominium units. In addition, the recent rise in new apartment listings has provided enough options to support the sales gain. Calgary continues to benefit from the relatively healthy job market and recent population growth keeping housing demand strong across all property types.”

Persistently tight market conditions drove further price growth this month. In May, the unadjusted benchmark price reached $557,000, over one per cent higher than last month and nearly three per cent higher than last year’s monthly peak price of $543,000.

05/27/2023

The number of residential sales has dropped substantially from April of last year due, primarily to lack of homes to buy/sell.

05/25/2023

CREB Prices reach new record high article. https://www.creb.com/News/Media_Releases/2023/May/Prices_reach_new_record_high/

05/19/2023

Open House in Tuscany Saturday afternoon, 1 to 4.
115 Tuscany Meadows Heights
A bright spacious home, plenty of natural light, a fully furnished basement, near schools and parks on a quiet crescent. A great opportunity that shouldn't be missed!