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Cody Battershill

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5 Popular Luxury Communities in NW Calgary

Luxury Homes Calgary

5 Highly Sought After NW Calgary Luxury Communities From the beautiful rolling foothills of Bearspaw to the unparalleled downtown views of Crescent Heights, Calgary’s northwest quadrant has a wide diversity of luxury communities that will satisfy the taste of almost any luxury home buyer. Also see these 5 Popular Luxury … [Read more...]

Real Estate Terms Defined: Benchmark Price

What is your home worth?

What is Meant by “Benchmark Price” in Real Estate? Benchmark price is defined as the price of a typical home in a given area. For example, the city-wide benchmark price for condominiums in November of 2016 was $271,300. In the same month, the benchmark price for detached properties was $498,300 See our Calgary Real … [Read more...]

Alberta Housing Starts Show Positive Signs at End of 2016

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Positive Outlook for Alberta New Home Starts to End 2016 New housing starts are a great indicator of Alberta’s economic health as it gauges both consumer confidence and potential future retail spending on things such as home décor, appliances and furniture. According to ATB Financial’s The Owl, December saw the third highest … [Read more...]

How Will Changes to Canadian Mortgage Insurance Affect Buyers?

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What You Should Know as a Home Buyer Related to the Changes in Canadian Mortgage Insurance The changes to Canadian mortgage insurance has some implications for buyers in Calgary’s residential real estate market. For anyone planning on putting less than 20 percent down of the purchase price on a home, that person must now … [Read more...]

Calgary Real Estate Market Update October 2016

year over year residential home price gains calgary october 2016

Calgary Real Estate Market Update for October 2016 - Home sales activity on the rise - It`s been two years since sales activity in the month of October has resembled normal levels. Total properties sold across all sectors was 1,644 units, a year-over-year increase of 16 percent. See our Calgary Real Estate Market Update … [Read more...]

Calgary Real Estate Market Update August 2016

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Calgary Real Estate Market Update for August 2016 - Sales activity down again, but not reflective of entire market - The total number of units sold in August was down again – at 1,567 units – following a trend that has been seen throughout 2016. However, it is important to note that this does not necessarily reflect … [Read more...]

Real Estate Terms Defined: Months of Inventory / Supply

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What are “Months of Inventory” and How Will It Affect Me? Months of inventory: the amount of time (or months) it would take for all current MLS® listings to sell given that no new listings come onto the market. This is calculated by dividing the total number of homes for sale by the total number of homes sold for a given … [Read more...]

Why It’s a Good Time to Buy Calgary Real Estate (Fall 2016)

Questions to ask when building an inner city infill home

Why Now is a Good Time to Buy Calgary Real Estate (Fall 2016) Are you thinking of buying a property in Calgary sometime soon? If so, you may be wondering if now is a good time to buy. Despite current economic conditions in Alberta, truth is that there are some solid reasons as to why you should consider making a move in fall … [Read more...]

Calgary Region New Home Starts Increase in July 2016

Calgary Home Buyers

Calgary New Home Starts Up for the First Time Since 2014 New home starts for both single-family and multi-family properties improved in the Calgary census metropolitan area last month (July 2016). Search Calgary Homes for Sale now. It was the first time that construction starts for new homes had increased on a year-over-year … [Read more...]

Calgary Real Estate Market Update Semi-Annual 2016

calgary real estate market update july 2016 year-over-year price change

CREB®: Soft Demand Expected to Further Impact Home Prices Alberta’s economic situation has definitely impacted several aspects of the economy, including the demand for housing. Price drops have only been slightly lower than expectations, however, as lower amounts of new listings entering the market has prevented inventory … [Read more...]