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Category: Selling

Detached versus higher-density segments: two very different stories in August

Overall sales activity was down again in August, totalling 1,567. However, this figure does not reflect the big differences in activity between the detached sector, versus the high density apartment and attached segments of the market. “While overall sales have eased for detached homes, so too has the amount of new listings on the market […]

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How to Navigate a Difficult Real Estate Climate

Real estate has its ups and downs, and it varies from year to year and city to city. One city may be a seller’s market in which multiple buyers are bidding against each other and often paying more than the asking price. Another city may have a lot of inventory and be a buyer’s market […]

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Bank of Canada – Rate Watch

Last Wednesday, the Bank of Canada announced that they would not be adjusting their prime lending rate and that the prime lending rate would remain at 3%. This will have a direct impact on any variable rate mortgage(s), secured line(s) of credit, or personal line(s) of credit that you may have. CPI (Consumer Price Index) inflation […]

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Calgary’s Housing Market Continues To Climb

Calgary’s real estate market is currently in a positive trend regarding overall property purchase numbers, with record setting sales amounts and prices filling a strong first quarter of 2014. Multiple factors can be attributed to the high demand, low supply market, although the key three factors driving the trend are economic stability, high migration rates […]

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High Demand Dictates Increased Calgary Housing Market

Current Situation Low availability of housing in Calgary, paired with high demand for ownership, continue to push new and previously owned housing prices upwards, and create a high pressure market. While there is a solid trend towards small property ownership, with nearly 20% of current 2014 purchased being condominiums or townhouses, the housing market demand […]

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Positive start to the new year

Sales activity and prices improve over 2013 Calgary, Feb. 3, 2014 – On the heels of a strong year of sales growth, January sales in the city of Calgary totaled 1,440 units, a 17 per cent increase over the previous year. “Sales growth continues at the double digit pace seen over the later portion of […]

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Sales growth boosted by rise in new listings

Fifth consecutive month of double-digit trend City residential sales totaled 1,730 units in November, a 19 per cent increase in sales volume over the previous year. Following another month of strong activity, year-to-date sales totaled 22,322 units, 11 per cent higher than long-term trends. CREB® President Becky Walters said it appears that several factors are […]

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Price gains encourage new listings growth

Fourth consecutive month of year-over-year new listings growth Calgary, Nov. 1, 2013 –  Residential sales activity totaled 1,953 units in October, an 18 per cent rise over 2012 and pushing year-to-date volume increases to just over 10 per cent. However, on a year-to-date basis, city wide sales remain far below transactions levels recorded throughout 2005 – 2007. […]

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