Calgary resale housing market moves toward more balanced conditions

Posted by Nancy Ball on Monday, November 10th, 2014 at 8:59pm.

Hello Everyone,

November has year-over-year sales up by 14% and benchmark pricing up almost 9.5% for overall Calgary residential. Surrounding towns and cities continue to prosper as well offering more choices for buyers. With the expansion of Calgary communities, it will not be long until cities like Airdrie or Okotoks are just a step away. New communities such as Walden and Mahogany in the south and Evansridge in the north, just choosing a community to settle with is hard enough. 

This month I celebrated 11 years in real estate and 10 years as a home stager.  I just want to thank everyone for their continued support as it has been a pleasure helping so many of you.  I continue to receive your referrals and they are very much appreciated.

Feel free to contact me anytime if you need any real estate or home renovation advice, I am happy to help!

Sincerely,

Nancy

Calgary resale housing market moves toward more balanced conditions

 

Price growth eases as supply improves

Continued double-digit gains in the condominium apartment sector helped to fuel a 10 per cent increase in Calgary’s residential resale housing market in October. Overall sales for the month totaled 2,147 units, compared with 1,948 during the same period last year.  

“Two consecutive years of relatively strong employment and population growth, combined with rising wages and low lending rates, have supported demand growth in our housing sector,” said CREB® chief economist Ann-Marie Lurie. Read more »

Apartment 'viewing fees' shock Calgary woman looking to rent 

A woman trying to find a place to rent in Calgary says she has been shocked by the demands landlords in the city make.

Trish Nicholson, who has spent months looking for a home since moving from Vancouver, says some Calgary landlords are even charging a $25 viewing fee just to let her a look at an apartment.

However, one of the property management companies she was referring to told CBC News the $25 is an application fee charged after a viewing if a prospective renter want to lease a unit.  Read more »

Inglewood among Canada's best neighbourhoods 

When he bought a house there in the early ’90s, friends thought he had lost his mind. They were even more alarmed, says Brian Imeson, when 10 years later he announced that he was going to open a business a few blocks from that home, one that would offer one of the best collections of mid-century art glass found on the continent.  Read more »

10 Tricks to Make Your Home Look Bigger 

No matter how generous your home’s square footage, chances are, at some point it will seem like the walls are closing in on you. Perhaps you favor bulky bedroom furniture or painted your dining room walls dark maroon on a whim. Or maybe your knickknack collection mysteriously multiplied and has taken over your living room—seemingly overnight. Whatever the reason, your rooms appear smaller than they actually are. The good news: You don’t have to take this downsized version of your life lying down. Whether you’re ready to do a little remodeling or just want a $20 something-or-other to help visually clear out a room, our decorating experts have 10 easy tips to help you reclaim your living space.  Read more » 

Remove snow in comfort and safety with a trendy home plow 

(NC) The forecast is calling for another bad winter, which means there will be lots of snow to remove from your driveway. Will you shovel it, blow it, or jump into a home plow? Decide with this overview:

Shoveling is great exercise, if done properly and by someone who is physically able and adequately prepared. On the other hand, it can also result in painful and even fatal consequences. Along with the obvious risk of pulled muscles, plus back and shoulder pain, shoveling can lead to heart attacks. That's because cold temperatures cause blood vessels in the heart to constrict, minimizing blood flow at a time when the heart is beating harder due to physical exertion. Click Here »

30 Can't-Miss Home Staging Tips 

Grimy bathroom walls are a major red flag to buyers. Here is an easy way to get rid of surface mold: Mix a spray bottle with one part water and one part bleach. Just spray it on the wall, and watch the mold disappear. Give it a fresh coat of paint, and your grimy bathroom will go from red flag to red-hot.  Read more »

LOVE THE LOOK!  

  

Make your own photo collage. 

If you use a social media photo service such as Instagram or have an instax camera, you can print out some of your favorites to create a collage right on your wall. A Beautiful Mess gives you a complete tutorial on how to create the cool collage above. 

UPCOMING EVENTS 

OCTOBER STATISTICS  
Active Listings
Single Family: 2780
Condominium: 1088
Townhouse: 568

New Listings
Single Family: 1871
Condominium: 616
Townhouse: 432

Sold *Last 30 days
Single Family: 1462
Condominium: 385
Townhouse: 300

Benchmark Price *Last 30 days
Single Family: $513,500
Condominium: $299,800
Townhouse: $337,800

Last updated November 3, 2014
 
 

 

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