CREB Stats For November
CREB has now released the mid-year market update.
Residential home sales declined in February, but a decline in new listings helped keep prices steady this month. Sales totaled 1.094 units in February, 18 per cent below last year's activity. After the first two months of the year, sales activity remains well below longer-term averages. "Housing market conditions are still adjusting to rising lending... Continue Reading →
The Calgary Real Estate Board(CREB) held their 2018 Forecast Conference & Trade Show this week, and even though there will be some challenges this year, it does look like there is some optimism in our future! "Housing market conditions are expected to remain relatively unchanged in 2018," said CREB® chief economist Ann-Marie Lurie. "The market will continue... Continue Reading →
October's housing market conditions closely echoed previous month's trends with easing sales, rising inventories and downward price pressure. Like last month, the monthly activity was not enough to derail gains that occurred earlier in the year. The elevated number of listings compared to the number of active buyers in October has weighed on pricing over... Continue Reading →
Strong gains in the first-half of the year has put the Calgary year-to-date sales at seven per cent above last years' levels, but challenges remain with easing sales and rising new listings. Inventories rose across all property types to 6,861 units, while both apartment and attached-style properties saw the highest inventory on record for the... Continue Reading →
The Calgary Real Estate Board released their "Mid-Year Market Update" today, and it does reinforce the fact that some consumers were willing to re-enter the housing market after some hesitation in 2016. City wide prices in 2017 are forecasted to remain relatively unchanged over last years levels. However, prices are expected to flatten out for the remainder of the year... Continue Reading →
If you're getting ready to sell your home there are a ton of things to consider. One item that is sometimes overlooked is the home will probably need to be prepared for a home inspection. There are things that you should do to help the home inspection go smoothly. Rick Strand is a veteran Certified... Continue Reading →