Here are some tips for making your summer yard look great.
Ian Wisdom |
Office 403-803-6601 | iwisdom@cirrealty.ca   |
Featured listing
103 205 5 Avenue Northeast
$310,000
Look no further....you've found your ideal apartment to fit your lifestyle. This adult only building is small enough for you to get to know your...
July 16, 2017
Considering moving to an acreage?
on Jul 16, 2017 5:00 PM
Are you considering moving to an acreage? Here are some things to start your research.
July 14, 2017
Thinking of having a vegetable garden?
on Jul 14, 2017 4:22 PM
Are you planning on growing your own vegetables? Here's some tips on how to get the best vegetables.
July 13, 2017
24 Tricks to Survive Hot Summer Nights (Without AC)
on Jul 13, 2017 2:23 PM
Don't have AC - beat the heat with these neat tricks to survive the hot nights.
July 12, 2017
Bank of Canada Increase Interest Rates
on Jul 12, 2017 6:29 PM
The Bank of Canada today announced that it is increasing the overnight lending rate by 0.25%. It looks like there's more to come as well.
July 10, 2017
Child proofing your yard
on Jul 10, 2017 4:33 PM
Whether your a parent, grandparent, other relatve or friend of a family with young children, you will want to child proof your yard to avoid unneccessary disasters.
July 4, 2017
June spells a gradual recovery
on Jul 4, 2017 3:22 PM
Stable prices in detached sector signal balanced conditions despite increased inventory
Calgary's housing market in June saw a modest improvement in sales along with an increase in new listings.
However, demand gains have not kept pace with the amount of new listings coming onto the market. This caused inventory levels to increase to 6,659 units, which is 11 per cent higher than last year's levels.
Despite the recent shift in inventory this month, second quarter activity continues to demonstrate improved supply-demand balance and price stability. City wide benchmark prices totaled $441,500 in June. This is a 0.5 per cent gain over last month and nearly one per cent higher than last year.
"The supply gain this month will be monitored. However, on a quarterly basis, inventory levels remain comparable to last year, sales have improved and there have been modest price gains. All of this remains consistent with expectations of a gradual recovery," said CREB® chief economist Ann-Marie Lurie.
Year-to-date residential sales in Calgary totaled 10,322 units, which is 12 per cent above last year's levels. New listings increased by three per cent over the same time period.
Overall, both the sales-to-new listings ratio and months of supply have trended down this year. This signals more stable pricing in the housing market this year.
"While there were many buyers waiting for lower prices to step into the housing market, there were also many sellers waiting until prices stabilized before listing their home," said CREB® president David P. Brown.
"Some of this recent growth in listings will help provide more choice, particularly in the detached market where market conditions had significantly tightened over the past few months."
Detached inventories and sales totaled 3,224 and 1,385 units, for a month of supply of 2.3 in June. Despite the recent rise in supply, over the first half of this year inventories have averaged 16 per cent below last year's levels while sales are 13 per cent higher, keeping this segment in more balanced conditions.
While activity is also improving in the attached segment of the market, resale activity in the ownership of apartment-style product continues to face challenges with weak sales relative to listings and rising months of supply.
As of June, the unadjusted benchmark price for an apartment style product totaled $265,800. This is nearly four per cent below last year's levels and 11 per cent below recent highs.
June 28, 2017
The importance of fresh paint and the right colours
on Jun 28, 2017 1:07 PM
The importance of fresh paint and the right colours should not be under estimated when selling your home. Doing it right will help get a quicker sale and likely lead to a higher sale price. Let me know if you are ready to sell and want to be referred to a professional painting company to get your home ready for sale.
June 22, 2017
'A huge, huge step,': Committee approves Green Line LRT alignment and 28 station locations
on Jun 22, 2017 12:51 PM
A major move forward on the planning of the Green Line LRT has recently taken place.
June 20, 2017
Good sign for the economy
on Jun 20, 2017 1:59 PM
A good sign for the Alberta economy is that the sale of recreactional properties in Alberta has turned a corner and is now starting to see an up swing in prices
June 16, 2017
Alberta Expected To Lead The Country In Home Sale Growth
on Jun 16, 2017 5:53 PM
According to the Canadian Real Estate Association, Alberta will lead the country in home sales growth in 2017.
June 9, 2017
Detached Homes Sale Continue To Lead The Market
on Jun 9, 2017 4:16 PM
In May, detached homes sale continued to lead the housing market in Calgary and the surrounding areas.
June 8, 2017
Calgary Housing Market Turning Around
on Jun 8, 2017 2:45 PM
After a challenging two years struggling through a vicious economic downturn, Calgary’s housing market appears to have turned around and is now poised for growth the rest of 2017.
June 8, 2017
WHY CRYSTALS AND OTHER AT-HOME NATURAL HEALERS ARE CURRENTLY TRENDING
on Jun 8, 2017 2:28 PM
Happiness, prosperity and love could be just a stone, an herb or a rattle dance away.
June 1, 2017
Home prices remained stable in May
on Jun 1, 2017 2:10 PM
Demand for detached housing continues to rise
Fueled by the detached sector, Calgary home prices trended up for the fourth consecutive month, but remain below 2014 highs.
"The economic climate is supporting detached housing market recovery," said CREB® chief economist Ann-Marie Lurie.
"Improved demand and easing supply has created more balanced conditions and ultimately some modest price gains. While it will still take some time for prices to recover, the transition in the detached segment is an important first step to stabilization across all segments of the housing market."
For the first time since June 2015, prices in the detached sector did not decline on a year-over-year basis. Unadjusted detached benchmark prices reached $509,000 in May, one per cent higher than last month and May 2016 levels.
Like the detached market, the attached product has moved towards more balanced conditions. This has supported some recent directional shifts in pricing. However, monthly price declines had fallen by 4.7 per cent over peak levels and year-to-date benchmark prices remain two per cent below last year's levels.
"We can really see a slow but sure recovery in the housing market," said CREB® president David P. Brown.
"Demand for detached product is driving a new sense of optimism for consumers as we move further into spring."
Against this backdrop, the number of new listings rose to 3,866 units in May, which is 17 per cent higher than last year's total for the month. Despite this rise, year-to-date new listings have declined by one per cent over last year.
"With the change in market dynamics, people no longer feel like they may need to settle for a second choice in a property," said Brown.
"There are lots of housing choices in every segment of the market and that made for a good situation in an already active spring market."
The variation in market activity also extends to regional areas outside the city of Calgary.
May 23, 2017
HSBC offers lowest 5 yr fixed rate mortgage interest rate of all the major Canadian banks
on May 23, 2017 5:43 PM
The HSBC bank is now offering the lowest 5 year fixed rate mortage of all the major Canadian banks. Just 2.39%
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