Real Estate Blog

Elevated inventory levels compared to sales, are causing prices to ease further in Calgary’s housing market.

Citywide benchmark prices totaled $426,300 in October, trending down for the fifth consecutive month and resulting in a year-over-year decline of 2.9 per cent.

“Job growth in this city remains a concern, as unemployment levels remain well above levels expected for this year. Rising costs of ownership also continue to weigh on housing demand,” said CREB® chief economist Ann-Marie Lurie.

“At the same time, housing supply levels are not adjusting fast enough to current conditions, resulting in price adjustments.”

Inventories and sales totaled 7,345 and 1,322 in October. This has resulted in months of supply of 5.6, above levels typical

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436 Cedarille Crescent will be open tomorrow saturday october 27th between 2-4pm!

MEET CEDRIC A HANDSOMELY RENOVATED HOME THAT WAS REBUILT FROM THE STUDS IN 2014, UPDATES INCLUDED NEW DOUBLE GLAZED LOW EGRESS WINDOWS, SIDING, STONEWORK, SOFFITS, ROOF & UPDATED BATHS. THE KITCHEN WAS DESIGNED FOR FUNCTION & BEAUTY WITH GRANITE COUNTERS, LARGE CENTRAL ISLAND, FULL HEIGHT CABINETRY, GAS STOVE WITH CUSTOM HOOD FAN, BUILT IN MICROWAVE, PULL OUT DRAWERS WITH HIDDEN SURPRISE DRAWERS INSIDE, PULL OUT LAZY SUSAN, STAINLESS STEEL APPLIANCES, TILE FLOOR & MODERN BACKSPLASH.

HIS MAIN FLOOR FEATURES WARM HARDWOOD FLOORING THROUGHOUT HIS SPACIOUS LIVING ROOM & DINING ROOM. HE IS A 4 LEVEL SPLIT WITH 3 BEDROOMS ON THE UPPER LEVEL INCLUDING THE MASTER

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134 drake landing green will be open this saturday october 27th between 2-4pm!

this stunning family home BACKS ONTO GREEN-SPACE WITH MOUNTAIN VIEWS & WEST BACK YARD!

STEP INSIDE TO APPRECIATE THIS BEAUTIFUL HOME WITH GLEAMING HARDWOOD FLOORS THROUGHOUT THE MAIN. THE FLEX ROOM IS PERFECT FOR A MAIN FLOOR OFFICE OR KIDS PLAY ROOM!

THE SPACIOUS LIVING ROOM IS OPEN TO THE KITCHEN W/ GAS FIREPLACE & PLENTY OF NATURAL LIGHT FROM THE LARGE WINDOWS! THE KITCHEN FEATURES EXTENDED HEIGHT CABINETS, GRANITE COUNTERS, HUGE ISLAND W/RAISED EATING BAR, STAINLESS STEEL APPLIANCES & WALK-THROUGH PANTRY. THE LARGE DINING AREA OVERLOOKS THE WEST BACK YARD, LARGE DECK, GREEN-SPACE & MOUNTAIN VIEWS.

NOTICE THE METAL SPINDLES ON THE STAIRS AS YOU RETIRE

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BACKS ONTO GREEN-SPACE WITH MOUNTAIN VIEWS & WEST BACK YARD!

Step inside to appreciate this beautiful home with gleaming hardwood floors throughout the main. The flex room is perfect for a MAIN FLOOR OFFICE or kids play room!

The spacious living room is open to the kitchen w/ gas fireplace & plenty of natural light from the large windows! The kitchen features EXTENDED HEIGHT CABINETS, GRANITE COUNTERS, huge island w/raised eating bar, stainless steel appliances & WALK-THROUGH PANTRY. The large dining area overlooks the WEST BACK YARD, LARGE DECK, GREEN-SPACE & MOUNTAIN VIEWS.

Notice the metal spindles on the stairs as you retire upstairs to the comfy bonus room & 3 good sized bedrooms including the master retreat w/ STUNNING MOUNTAIN VIEWS,

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Meet Cedric a handsomely renovated home that was rebuilt from the studs in 2014, updates included new double glazed low egress windows, siding, stonework, soffits, roof & updated baths. The kitchen was designed for function & beauty with granite counters, large central island, Full height cabinetry, gas stove with custom hood fan, built in microwave, pull out drawers with hidden surprise drawers inside, pull out lazy susan, stainless steel appliances, tile floor & modern backsplash.

His main floor features warm hardwood flooring throughout his spacious living room & dining room. He is a 4 level split with 3 bedrooms on the upper level including the master bedroom with updated 2 piece ensuite.

One level down find another bedroom & recreation room

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With Cannabis becoming legal recreationally as of 12:00am this morning there are a few things to keep in mind before indulging in Calgary.

Age, quantity & location restrictions

If you’re over the age of 18 in Alberta, you able to spend your green on the green legally, as it’s the same age requirement for alcohol and tobacco use.

People can only buy the product from Alberta Gaming & Liquor Commission & Cannabis-licensed stores or from the government’s site. Licensed stores won’t be able to sell cannabis if they sell alcohol, tobacco or pharmaceuticals. Under federal legislation, you can buy dried flower, milled flower, plant seeds, oil, capsules and pre-rolled joints.

Thirty (30) grams is the cannabis max you can buy or carry at one time.

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JOIN THE ITSSOLD.CA TEAM THIS SATURDAY FOR 3 BEAUTIFUL OPEN HOUSES IN THE COMMUNITIES OF SILVERADO, CRANSTON AND EVANSTON!

 

314 silverado common sw will be open between 1-3pm for you to come view and fall in love with your dream townhouse! Our buyers agent Miranda is looking forward to meeting you and answering any questions you may have! 

MEET SYLVIA IN SILVERADO!

SHE IS LOCATED JUST STEPS FROM SHOPPING, COFFEE SHOPS & RESTAURANTS.

SYLVIA IS AN ABSOLUTELY STUNNING YET AFFORDABLE 2 BEDROOM TOWNHOUSE WITH SINGLE ATTACHED GARAGE & LOW CONDO FEES.

THE FIRST THING YOU WILL NOTICE ABOUT SYLVIA IS HER BEAUTIFUL COURTYARD WITH OUTDOOR PATIO PERFECTLY LOCATED ON THE SOUTH SIDE. HER MAIN FLOOR HAS A LARGE FOYER, OFFICE & 2 PIECE BATH. HER

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Calgary continues to be a buyers’ market as home sales fell 13% in September compared to a year ago.

There were 1, 272 home sales last month, with the detached market leading the widespread decline according to new figures from Calgary Real Estate Board.

Year-to-date sales are 20% below 10-year averages for both detached and apartment properties and 14% below for attached homes.

"Calgary's economy continues to struggle with unemployment, which rose again last month to over 8%. Concerns in the employment market, higher lending rates and shaken confidence are weighing on housing demand," said CREB® chief economist Ann-Marie Lurie.

Inventory continues to exceed typical levels with 7,941 units available, amounting to 6.25 months of supply. For

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WELCOME HOME TO THE DESIRABLE, WELL ESTABLISHED LAKE COMMUNITY OF AUBURN BAY!

Your new dream home will be open this Saturday September 22nd between 2-4pm!

this spacious 1344 SQ FT 3 BEDROOM HOME FEATURES NEW PAINT THROUGHOUT A SPACIOUS FRONT ENTRY THAT LEADS INTO THE FLEX ROOM THAT WOULD MAKE AN EXCEPTIONAL HOME OFFICE OR DINING ROOM! THE OVER SIZED WINDOWS CREATE AN ABUNDANCE OF NATURAL LIGHT WARMING THE MAIN FLOOR.

THE KITCHEN FEATURES NEW GRANITE COUNTER TOPS, NEW TILE BACK SPLASH & STAINLESS STEEL APPLIANCES! THE DINING AREA & LIVING ROOM HAVE BEAUTIFUL VIEWS OF THE SOUTH BACKYARD & PLAY PARK JUST BEHIND THE HOUSE!

HEAD UPSTAIRS WHERE YOU WILL FIND THE UPPER LAUNDRY & 3 BEDROOMS INCLUDING THE MASTER RETREAT WITH 3 PIECE ENSUITE &

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Welcome Home to this beautifully maintained 1800 sqft 3 bed, 3.5 bath, 2 storey house!

As you enter the home you are greeted by the bright foyer with gleaming hardwood flooring & 9' ceilings leading into the cozy living room w/ gas fireplace open to the dining area. The large open concept kitchen has an abundance of counter & cupboard space as well as a large island, maple cabinetry, S/S appliances, good sized breakfast nook & convenient walk-in pantry.

The main floor is complete with a spacious mud room w/ built-in bench & 2 pc bath.

Retire upstairs to the master retreat featuring your own 4 piece spa like ensuite & large walk-in closet. 2 additional good sized bedrooms, 4 piece main bath & convenient second floor laundry complete the

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