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Oversupply is slowing, but a buyers’ market remains

July 4th, 2019

Media release: Oversupply is slowing, but a buyers’ market remains

City of Calgary, July 2, 2019 – 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 li ...

Media release: Sales activity improves for second consecutive month

June 3rd, 2019

Media release: Sales activity improves for second consecutive month 

City of Calgary, June 3, 2019 – 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 ju ...

April brings a slight inventory decline

May 1st, 2019

April brings a slight inventory decline 

City of Calgary, May 1, 2019 – There have been no significant changes occurring in sales activity, but the number of new listings coming onto the market continues to ease relative to 2018 levels. 

The decline in new listings was enough to start chipping away at overall inventory levels, which have eased slightly compared to last year.

The slight adj ...

Calgary’s Housing Summary for April 2019

April 24th, 2019

Calgary’s Housing Summary for April 2019

 Total Sales for the month of April 2019 are up 2.18% over April 2018

or 1514-1547 = ↑33 more sales.

 

By category

 

Detached

  • Sales are up 2.65% or 906-930 = ↑24 

Attached

  • Sales are up 5.48% or 347-366 = ↑19 

Apartments

  • Sales are down -3.83% or 261-251  = ↓10 

Surrounding

  • Area Sales are up 9.80% or 398-437 = ↑39 

 

Total ...

Calgary’s Daily Housing Summary for Wednesday April 24, 2019

April 24th, 2019

Calgary’s Daily Housing Summary for Tuesday April 24, 2019

 Total Sales for the month are up 4.15% over April 2018.

or 1154-1108 = ↑46

 

Break down by category

 

Detached up 6.80%

or 691-647 = ↑44 sales

Attached up 0.75%

or 270-268 = ↑2 sales

Apartments equal 0%

or 193-193  = 0 sales

Surrounding Area up 0.66%

or 304-306 = ↑2 sales

 

Total New Listings for the month are down -11 ...

Calgary’s Daily Housing Summary for Tuesday April 23, 2019

April 23rd, 2019

Calgary’s Daily Housing Summary for Tuesday April 23, 2019

 

Total Sales for the month are up 2.11% over April 2018.

or 1095 – 1058 = ↑37 sales

 

Break down by category

 

Detached up5.49%

or 653 – 619 = ↑34 sales

Attached up 1.57%

or 258 – 254 = ↑3 sales

Apartments down 0.54%

or 184 – 185 = ↓3 sales

Surrounding Area up 2.11%

or 291 - 285 = ↑6 sales

 

Total New Listings for the ...

Oversupply persists despite improved sales activity for affordable product

April 2nd, 2019

Oversupply persists despite improved sales activity for affordable product

City of Calgary, April 1, 2019 –

March saw a modest decline in city wide sales activity compared to last year. However, sales have been rising for more affordable product in the detached and attached sectors.

Shifts in the lower end of the market have not outweighed easing across the higher priced product. First-qua ...

Media release: Housing market feels the chill as oversupply continues

March 2nd, 2019

Media release: Housing market feels the chill as oversupply continues

City of Calgary, March 1, 2019 – The effects of Calgary's economic climate continue to create weak sales activity and elevated inventory in the city's housing market. 

As a result, prices are being affected.

“It is not a surprise that slowing activity in the housing market has persisted into February,” said CREB® chief e ...

Staging your Home in a Hurry

March 1st, 2019

Staging your Home in a Hurry

Ideally you should have a week or two available before you list your property in order to stage your home and make it look its best for buyers. But, what if you listed quickly and within hours of the For Sale sign going up a buyer wants to view your property? In that scenario, you need to do some quick "staging" to get your home ready. Let's assume your property is ...

Price Reduced 58 Chapala Crescednt SE C4208566 rayriley.com

February 25th, 2019
http://www.rayriley.com/677

Executive walkout bungalow on Lake Chaparral with private dock.

Welcome to Lake Chaparral, LAKEFRONT, 4 Bedroom,fully developed walkout bungalow...Large professionally landscaped backyard! Extra large double car garage.This custom built bungalow features dramatic feature fireplace wall separating the large kitchen and living area with Unobstructed view of the lake! T ...
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