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Sept 2019 CREB Stats

Sept 2019 CREB Stats

Shifting to stability For the third consecutive month, sales activity improved over last year’s figures, and year-over-year new listings and inventories eased. This trend will help support more stability in the housing market. “Price declines have likely brought some buyers back into the market,” said CREB® chief economist Ann-Marie Lurie, noting improvements in the market […]

Aug 2019 CREB Stats

Aug 2019 CREB Stats

Sales activity increase led by lower-priced homes Increased sales and easing new listings reduced housing inventories in August. Sales were primarily driven by homes priced below $500,000. “Employment numbers have been improving, but mostly in industries that are traditionally lower paid,” said CREB® chief economist Ann-Marie Lurie. “This is contributing to the shift that we […]

July 2019 CREB Stats

July 2019 CREB Stats

Sales improving and inventory declines for fourth month in a row For the fourth consecutive month, inventories in the market declined compared to last year. This is due to the combination of improving sales and a decline in new listings. The market continues to favour the buyer, but a continuation in supply reduction compared to […]

June 2019 CREB Stats

June 2019 CREB Stats

New listings coming onto the market continued to decline in June, which is helping to reduce the oversupply of homes in Calgary. Year-over-year, new listings saw a decrease of nearly 19 per cent. Sales activity slowed this month compared to last year by six per cent, but the pullback in new listings was enough to […]

First Time Home Buyer Incentive

First Time Home Buyer Incentive

This week the government provided more details about the new First Time Home Buyer Incentive that’s launching September 2, 2019 with anticipated funding of the program to begin November 1, 2019. (meaning the possession date must be Nov 1 or later) The program is designed for First Time Home Buyers (FTHB) with total income under […]

Should you Buy a Resale or a New-Build?

Should you Buy a Resale or a New-Build?

If you’re thinking about buying a new home, you may be considering purchasing in a new development. How does that compare to purchasing a resale property? Buying a newly-built home has some advantages. Depending on the development, you may have leeway in the style of the home and the lot you choose. Also, when the […]

Stay or Move? 5 Questions that Help you Decide

Stay or Move? 5 Questions that Help you Decide

It can be tough to make the decision to sell. In fact, for many homeowners, it’s overwhelming. If you’re considering making a move and struggling with the decision, here are five helpful questions to ask yourselves: 1. “What are our practical reasons for selling?” This question refers to what you’ll get by moving to a […]

May 2019 CREB Stats

May 2019 CREB Stats

Sales growth in May was met with a decline in new listings. This combination eased the pressure on inventory levels, which finished the month at 7,467 units, a decline of 12 per cent compared to last year. Improving sales relative to inventory levels caused the months of supply to ease to just under four months. […]

Affordable Acreages

Affordable Acreages

If the idea of living on an acreage appeals to you, but you don’t think you can afford the price of admission, don’t despair. There are some areas around Calgary where affordable acreages can still be found. Alberta’s QE2 Highway serves as a sort of dividing line, with more expensive acreages to the west and […]

2019 Canada Liveability Report

2019 Canada Liveability Report

Canadians love where they live; RE/MAX Report explores some of the best places to live in Canada 89 per cent of Canadians would recommend their neighbourhoods to others Major Canadian cities are a beacon for liveability Canadians genuinely celebrate the liveability factors — the qualities that give each homeowner the true satisfaction of his/her home […]