Blog Entries Tagged: Market
Found 4 blog entries tagged as Market.

The Calgary Real Estate Board just held its annual Market Forecast summit where they looked back on 2019 and looked forward into 2020. One of their missions is to help you--buyers, sellers, renters, and investors--be informed on what is happening in the real estate market so that you can make educated decisions that will give you the best possible outcome when it comes to your housing needs. Ken Richter, your trusted real estate professional, is also a wealth of knowledge and happy to help you strategize. 

Looking back at 2019, the Calgary Real Estate Board didn't shy away from recognizing what a difficult year it was for the real estate market. They explain, "since the oil price crash, Calgary has faced job losses, wage reductions and tightening…

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Summers around Calgary are a little slower. Instead of walking as quickly as possible through the snowy streets, people take their time to enjoy the smell of a freshly cut lawn and lilacs. Instead of hurrying home after work to hibernate, wings and drinks on the patio are on the itinerary. Instead of binging an entire season of something on Netflix in one sitting, people are getting on their feet and going on adventures. Another thing that has slowed down this summer? The real estate market.

Calgary has been staunchly in a buyer’s market for a number of months now. Inventory levels were high, without the sales to help balance out the market. This was caused by the economy taking a hit, which had the effect of preventing people from being able to buy…

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The latest stats are in! You do not want to miss out on this opportunity to get the inside scoop on Calgary's real estate market. 

Here are the recent highlights from the Calgary Real Estate Board that you need to know to be successful for the current real estate market:

  • Citywide benchmark prices edged down over previous months by 0.8 per cent and are 2.4 per cent below last year’s levels. 
  • Citywide sales totaled 1,490 units this month, down nearly seven per cent from last year and 14 per cent below long-term trends. 
  • Sales and price declines were not consistent across all districts and product types. Prices have recently trended down across most areas based on year-to-date figures, but have remained comparable to last year’s levels in…

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June has a long history of being a popular month for buying and selling here in Calgary. With the nice weather, vacation time, and influx of new families before the new school year starts, June is the perfect month to be active in the world of real estate. Whether you are buying or selling, now is the time to enter the market.

If you are planning to buy a home, June is a great month to start going to as many open houses as possible. Not only will this give you a good idea of what is out on the market, but it will also help you to get a feel for benchmark prices. Plus, open houses can be really fun if you go into them with a positive attitude.

There are a number of ways to find open houses to visit.

Open Houses are a lot like garage sales:…

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