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July 2014 Real Estate Update

Market Moves Toward Balanced Conditions Growth in new listings outpace sales growth in July, supporting double-digit inventory gains Calgary, Aug, 2014 – Residential sales this month totaled 2,336 units, a record level for July activity. However, year-over-year sales growth slowed to 3.18 per cent. “While July’s sales growth seems like a dramatic departure from ...

Market Moves Toward Balanced Conditions

According to Calgary regional housing market statistics recently released by The Calgary Real Estate Board, growth in new listings outpaced sales growth in July, supporting double-digit inventory gaines.  This is helping the market move toward more balanced conditions.   To read more about the recent statistics for Calgary and area, copy this link into your browser: http://www.creb.com/public/documents/statistics/2014/package/res-stats-2014_July.pdf 

June Market Conditions in Calgary

According to a news release by the Calgary Real Estate Board recently, residential sales and listings in Calgary increased by double-digit rates in June compared to the same time last year. This increase is partly due to  the floods impacting housing activity throughout the second half of June 2013.    To read more about the market conditions in Calgary, copy this ...

2013 Business Satisfaction Survey Highlights

"I was recently at the Spring 2014 Airdrie Economic Development Update for the city of Airdrie. Here are some of the hilights.... 2013 Business Satisfaction Survey Highlights Business Satisfaction & optimism high 87% rate Airdrie as a good place to do business 65% expect demand for their product/service to grow over the next year 45% expect to hire over the next 12 months  (*industrial/commercial) Home-based ...

Average Rent Rises 5.5 percent in Calgary as Vacancy Rate Remains Low

Check out this article recently posted in The Calgary Herald:   Average monthly rent on the rise http://www.calgaryherald.com/business/Average+rent+rises+cent+Calgary+vancy+rate+remains/9928072/story.html

CMHC no longer offering mortgage insurance for luxury homes

An interesting article was recently published by The Calgary Herald about CMHC financing luxury homes.   You can read more here: http://www.calgaryherald.com/business/CMHC+longer+offering+mortgage+insurance+luxury+homes/9915137/story.html

What is happening in the market in Calgary?

The Calgary Real Estate Board just released its statistics for May.   Copy and paste this link into your browser to learn more about what has been happening in the market in Calgary this past month. http://www.creb.com/public/documents/statistics/2014/package/res-stats-2014_May.pdf  If you have any questions or would like to chat abou the current market, or any of your real estate needs, ...

"Sales Improve as Consumers Have More Choice"

According to the June 2, 2014 news release from the Calgary Real Estate Board: " City-wide price gains and better weather support year-over-year gains in new listings.   Residential sales in the city of Calgary totaled 2948 units in May, a 16 per cent increase over the previous year.  Sales last month were well above long-term trends and are the highest May acitivity on record." For more ...

2013 Business Satisfaction Survey Highlights

"I was recently at the Spring 2014 Airdrie Economic Development Update for the city of Airdrie. Here are some of the highlights.... 2013 Business Satisfaction Survey Highlights Business Satisfaction & optimism high 87% rate Airdrie as a good place to do business 65% expect demand for their product/service to grow over the next year 45% expect to hire over the next 12 months  (*industrial/commercial) Home-based ...

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