Improving Inventories Help Ease Price Growth Pressure

Posted by Nancy Ball on Monday, December 15th, 2014 at 11:09am.

“Christmas is a necessity. There has to be at least one day of the year to remind us that we’re here for something else besides ourselves.” – Eric Sevareid, CBS News journalist

Happy Holidays Everyone,

Feeling blessed! I found out I was the # 1 Realtor out of my office last month and was the # 2 Realtor out of the entire company! That is my highest record to date and a great way to celebrate my 11th year in real estate.

Here are a few photos of my Seniors Corner Group that I started 7 years ago. We had a Christmas party and these volunteers help keep it a success. If you know a lonely senior, please let me know as they meet monthly to do a fun activity. Aren't they adorable?

I'm hoping you all get some time to relax during the holidays and know that I am grateful to all of you who support my business.

Best wishes for a healthy, happy and prosperous 2015.

Nancy

Improving Inventories Help Ease Price Growth Pressure

 Improving inventories help ease price growth pressure   

Calgary, December 1, 2014 – Calgary’s residential resale housing market posted relatively strong November activity reaching 1,782 units, a three per cent increase over the previous year, and nearly 14 per cent above long term averages.  

"Relative to other major centres, economic growth in Calgary remains one of the strongest in the country," said CREB® chief economist Ann-Marie Lurie. "Employment opportunities and relatively higher wages have encouraged people to move here, supporting the demand growth in our housing sector." Read more »

Home Insurance Dispute Over Value Of Contents Follows Christmas Fire

You pay the premiums every year, but if your home was damaged or destroyed, would you get the amount you're insured for? 

Not necessarily. 

"Before we could do anything further, the tree exploded into flames.... The whole tree just went up and blew back on me," said Brown's husband. Read more »

CMHC's 2014 Calgary Housing Outlook Conference

Canada Mortgage and Housing Corporation (CMHC) economists and market analysts shared their key insights and forecasts for Alberta's housing market at the 21st annual CMHC Housing Outlook Conference today. CMHC experts presented to over 400 housing industry experts on economic, demographic and other factors impacting Alberta's major housing markets including Calgary, Edmonton, Red Deer, Lethbridge and Medicine Hat. Read more »

Home-Buying Wish List

Did you ever watch the Father Knows Best Christmas reunion special from 1977? In it, Jim and Margaret Anderson have realised the children are only home for the holidays and they don’t need a big house anymore. A chunk of the story line revolves around the son-in-law buying the home for his wife and children, thereby keeping it in the family. It is the house he always wanted; the treasured memories of family life associated with it and it has space for the family to grow and a yard for the two children. Read more »

40 Christmas Decorating Ideas That Will Bring Joy To Your Home

Christmas is right around the corner and with it come trees and ribbons and ornaments and lights and … oh goodness, what are you supposed to do with it all? Don’t let stress over Christmas decorating make you lose the Christmas spirit. Here are 40 Christmas decorating ideas that will bring joy to your home this holiday season. Read more »

Dates to Remember

Nov 21 - Jan 3 ZooLights
Nov 29 - Jan 8 Lions Festival of Lights
Dec 1 - 31 Airdrie Festival of Lights
Dec 2 - 21 Winterstart Festival
Dec 6 - 21 Once Upon a Christmas
Dec 16 - 24 Hannukah
Dec 25 Merry Christmas!
Dec 26 Boxing Day
Dec 27 - Jan 4 Winter CARnival
Dec 31 Zoo Year's Eve
Dec 31 New Year's Eve Party at the Bow Habitat Station
Dec 31 New Year's Eve Fireworks - Olympic Plaza
Dec 31 New Year's Eve Fireworks - Airdrie
Jan 1 New Year's Day
Jan 1 Icebreaker Polar Dip
Jan 9 - 11 The Motorcycle Show - Calgary
Jan 11 - 17 Banff Film Fest World Tour
Feb 5 - 8 Calgary Boat & Sportsmen's Show

November 2014 Statistics

 

Active Listings
Single Family: 2373
Condominium: 985
Townhouse: 511

New Listings
Single Family: 1319
Condominium: 467
Townhouse: 305

Sold *Last 30 days
Single Family: 1181
Condominium: 324
Townhouse: 277

Benchmark Price *Last 30 days
Single Family: $511,300
Condominium: $300,700
Townhouse: $338,600

Last updated December 1, 2014 

 

Calgary November 2014 Statistics
Town and Country November 2014 Statistics

 

 

 
ASK NANCY A QUESTION
 
 
Question:
Nancy when is the best time to list my home next year?
 
Answer:
I personally like the first few months of the year as there is less competition in the late winter/early spring than during the summer months which gives Sellers more opportunity.  Statistically the prices have been at their height this year from July-September.  
 
ASK Nancy a question for her to address in upcoming issues!
Curious about where the real estate market is heading or need help to sell your house?

ASK NANCY!!!

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