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Cody Battershill

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Calgary Real Estate Market Update August 2018

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Calgary Real Estate Market Update for August 2018 - Unemployment taking its toll on housing recovery – Elevated inventory levels, lower sales activity, gains in new listings and high unemployment rates have combined to continue to slow Calgary’s residential housing recovery throughout August of 2018 – like that seen in the … [Read more...]

Calgary Real Estate Market: Semi-Annual Update 2018

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Calgary Real Estate Market: Semi-Annual 2018 Tougher mortgage rules, higher interest rates and a slow economic recovery has weighed in heavily on demand in Calgary’s residential sector during the first 6 months of 2018. As a result, sales activity has slowed even more than expected. This, along with rising sales activity … [Read more...]

Calgary Real Estate Market Update July 2018

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Calgary Real Estate Market Update for July 2018 - Patience is a must in today’s residential market recovery – Continuing struggles in Calgary’s job market combined with yet another increase for interest rates by the federal government has made home buyers more hesitant to make a move. Rising interest rates, a slow … [Read more...]

How Much Money Do You Need to Afford Living in Calgary?

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Living in Calgary: Minimum (Average) Salaries vs. Sectors vs. Property Types If you’re thinking about buying a home somewhere in Calgary sometime soon, then surely you’ll want to look at these maps done by Zoocasa, a real estate website specializing in Canadian markets. Unless you spend some serious time analyzing the … [Read more...]

Calgary Real Estate Market Update June 2018

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Calgary Real Estate Market Update for June 2018 - Weak sales continue in Calgary’s residential market – Alberta and Saskatchewan, home to many municipalities centered around energy-related industries, have continued to see their residential home markets struggle throughout June 2018. This has resulted in further price … [Read more...]

Calgary Real Estate Market Update May 2018

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Calgary Real Estate Market Update for May 2018 – Mortgage conditions take a toll on housing demand – Sales activity in the month of May continued to drop with the detached sector seeing the most change. Combined with an increased number of new listings entering the market, inventory levels also rose. Recent changes … [Read more...]

Calgary Real Estate Market Update April 2018

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Calgary Real Estate Market Update for April 2018 - Lower sales activity in March continues through April - Alberta’s struggling economic recovery has made a mark on Calgary’s residential housing market, the effects of which were seen last month as soft sales persisted through March and April of 2018. Furthermore, changes … [Read more...]

Calgary Housing Market Trends: Spring 2018

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Calgary Residential Market Trends for Spring 2018 Despite increasing interest rates and new mortgage rules, first-time buyers and move-up buyers are bringing positive change to Calgary’s residential housing market in 2018. Young couples and single millennial buyers are gravitating towards the stabilizing condominium market, … [Read more...]

Calgary Real Estate Market Update March 2018

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Calgary Real Estate Market Update for March 2018 - Home prices remain similar year-over-year – As expected, home sales in Calgary’s market have slowed in the first quarter of 2018. Many point towards the strong sales activity that ended 2017 combined with changes to mortgage rates and terms as the main cause. A total … [Read more...]

Calgary Real Estate Market Update February 2018

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Calgary Real Estate Market Update February 2018 - Residential market prices stay put, but sales drop - Calgary’s housing market saw a drop in sales activity in February of 2018, but a decrease in new listings also helped keep prices stable. There were 1,094 total sales in the month, approximately 18 percent lower … [Read more...]