Calgary Realtor

11/24/2020

Detached homes drive Calgary sales growth in October!

With strong gains in the detached sector, October sales in the city reached 1,764 units. This is a 23 per cent increase over last year and well above longer-term averages.

The gain in citywide residential sales outpaced the growth in new listings, supporting tighter market conditions and improving prices.

“Over the past several years, higher lending rates and the stress test pushed many out of the detached housing market. However, recent declines in rates, combined with prices that are lower than several years ago, have brought back some of that demand,” said CREB® chief economist Ann-Marie Lurie.

“This is helping support more balanced conditions and price improvements in the market. However, price improvements are not occurring across all product type and price ranges and downside risk still hangs over future conditions.”

Improving sales over the past four months were not enough to offset the pullbacks in the second quarter, leaving year-to-date sales nearly six per cent below last year’s levels.

The same is also true for prices. Benchmark prices have trended up over the past four months and October prices were slightly higher than 2019. On a year-to-date basis, prices are one per cent lower than last year’s levels and nearly 10 per cent below previous highs.

08/10/2020

“The stats are much better than we originally expected"

Breadcrumb Trail LinksNew HomesHomesSecond quarter show rebounding home sales, slower price declines than fearedAuthor of the article:Joel Schlesinger • for the Calgary HeraldPublishing date:Aug 07, 2020 • • 3 minute readCalgary home sales are picking up. Azin Ghaffari / PostmediaArticle Sideb...

10/18/2019

This beautiful home, owned by late Jim Shaw, former CEO of Shaw Communication, is situated on a 22,000 sq ft lot & offers amazing downtown, river valley & mountain views!

Bidding opens up Nov 12, 2019.

Located in Crescent Heights, this home features six bedrooms, five baths, three powder rooms and a Guggenheim-inspired glass dome ceiling.

Whose bidding?! 😀

10/07/2019

For the third consecutive month, sales on the MLS System increased on a year-over-year basis. This is a strong sign of stability finally returning to the market.

It’s a streak the Calgary housing market hasn’t seen in some time.September was the third consecutive month that sales on the MLS System increased on a year-over-year basis, plus new li…

09/05/2017

The price of commercial condos has risen to more than $200 a square foot, on average, this year and last. You can expect more of this in the coming years.

Sales, initially robust, have slipped but only because of limited supply, Colliers notes

08/31/2017

Commercial real estate in Calgary may be one of the final sectors of the economy to bounce back.

A lot of money is chasing fewer opportunities in Calgary’s commercial real estate market, which is especially evident with the strong demand for retail properties.

After suffering through a vicious economic downturn for two years, investment in Calgary’s commercial real estate market is on the road to recovery.

08/31/2017

Calgary's younger population owns more real estate than others of the same age elsewhere in Canada :)

Calgary's millennial generation owns more real estate than millennials anywhere else in Canada, according to a new real estate survey done by Royal Lepage.

06/07/2017

With so much sprawling land, there's a reason why condos are not in demand in Calgary, not to mention high maintenance fees and noisy neighbours. As more detached homes are fetched, prices will continue to rise.

Despite a plethora of condos in the market, demand for detached homes continued to rise in May.

06/05/2017

House prices in Calgary have risen every month this year. Still one of the cheapest housing markets in the country, especially when you consider Calgary is the third largest city after Toronto and Vancouver!

For the fourth month in a row, home prices went up in Calgary. The Calgary Real Estate Board says improved demand and easing supply last month created balanced conditions and modest price gains for single-family homes. In fact, for the first time since June 2015, the price for a detached home did no...

06/01/2017

Commercial real estate activity in Calgary, driven by the office market, was up in the first quarter of 2017.

Driven by the office market, commercial real estate activity in Calgary was up in the first quarter of 2017, edging over the $1-billion mark.

05/11/2017

Foreign buyers are already looking at Calgary. As our international profile keeps rising, so will our housing prices.

As B.C. and Ontario slap taxes on non-resident buyers, Alberta has a message: 'C'mon over'

05/09/2017

Radisson Place will undergo a series of modernizations, including in-suite kitchen and bathroom renovations, interior common area refurbishments and updates to its amenities.

Minto Capital Management has acquired Radisson Place in Calgary, a 12-storey multi-residential building with 11,400 square feet of commercial space.