Calgary – Varsity – October 20, 2023 As of today Varsity has the following activity in the residential Real Estate market: Active Properties     19 Conditionally Sold    8 Sold last 30 days     14 This gives a Months of Inventory of        1.36 Average Days on Market for Active Properties  35 Average Days on Market for Sold Properties     26 For details of properties in your area plea ...

Calgary – Silver Springs – October 19, 2023 As of today Silver Springs has the following activity in the residential Real Estate market: Active Properties     9 Conditionally Sold    10 Sold last 30 days     11 This gives a Months of Inventory of        0.82 Average Days on Market for Active Properties  22 Average Days on Market for Sold Properties     18 For details of properties in ...

Calgary – Arbour Lake – October 16, 2023 As of today Arbour Lake has the following activity in the residential Real Estate market: Active Properties     9 Conditionally Sold    3 Sold last 30 days     13 This gives a Months of Inventory of        0.69 Average Days on Market for Active Properties  18 Average Days on Market for Sold Properties     23 ...

Calgary – Citadel – October 15, 2023 As of today Citadel has the following activity in the residential Real Estate market: Active Properties     8 Conditionally Sold    1 Sold last 30 days     15 This gives a Months of Inventory of        0.53 Average Days on Market for Active Properties  63 Average Days on Market for Sold Properties     21 ...

Calgary – Hawkwood – October 14, 2023 As of today Hawkwood has the following activity in the residential Real Estate market: Active Properties     11 Conditionally Sold    2 Sold last 30 days     13 This gives a Months of Inventory of        0.92 Average Days on Market for Active Properties  23 Average Days on Market for Sold Properties     12 ...

Calgary Real Estate – September 30, 2023 Statistics from CREB came out today, October 3.  Here is a brief summary: Average prices are up 3.4% month over month (m/m); Median prices are up 5.1% m/m; However the most important statistic the, Home Price Index, shows no change m/m.  Prices are continuing to increase in the lower priced categories, especially in the NE and East of the city. Thi ...

Houses in Calgary are flying off the shelf! I just did a review for a client living in Douglasdale/Glen and found that in the last three weeks most houses sell, when they are priced right till they accept an offer, within four days!  This makes it difficult for both buyers and sellers.  If you are considering a move…Let me help.

Stats Canada - Data released September 27, 2023House price increases in Calgary being driven by increasing immigration and a lack of housing supply. Statistics Canada has releases population growth data showing that Canada’s population grew by 3.0% year over year to the end of Q3 2023.  At the same time Alberta’s population grew by 4.1% year over year to the end of Q3 2023. This population g ...

Is Canada’s Consumer Price Index (CPI) coming under control? On September 6, 2023 The Bank of Canada (BOC) left interest rates unchanged from the previous rate announcement.  This may signal that we have seen an end to interest rate increases! The BOC has a target CPI of 2% that they would like to see in Canada.  In June of last year the CPI was 8.1% (due to recovery from Covid and the Russ ...

Hello All;The main headline for Calgary home prices to the end of July 2023 is that they continue to increase… but at a slowing rate compared to previous months.  This price increase is in spite of higher borrowing costs; and is driven by a lack of supply, as can be seen by the attached graph. This increase in prices is not uniform throughout the city or by property class.  The largest price ...