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January Stat Pack

February 15th, 2019
Here is the January stat pack. 2019 started out a little rough with sales down considerably again (16%). The inventory levels are still elevated, however, I am expected new listings to ease compared to last year. There just aren't as many sellers motivated to sell in this buyer's market. If you are on the buy side, now is your chance! Benchmark prices have trended down (typical of the ...
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December Stat Pack

January 12th, 2019
                                    Here is the latest market update for December. This closes out 2018 and although it was a challenging year, there was still a lot of activity in the Calgary market. Looking forward to 2019, there are a few things that may help to turn the market around. We have a provincial election this spring and a couple looming interest rate hikes may get some buye ...
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November Stat Pack

December 11th, 2018
Another month in the books. Let's take a look at the stat pack for November. Sales were down again compared to last year, however, in the field it does seem like things are picking up. I have picked up a couple more buyers and have a couple listings in the works. Who says this time of the year is slow? Thinking about buying? Off season is where it's at! Call me if you want to chat about the ...
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October Stat Pack

November 16th, 2018
Here is the lastest stat pack for October 2018. Although October was slower (more than likely because of the pipeline announcement), it does seem that the last couple weeks have started to pick up. I am currently working with 3 more buyers and have a couple listings in the works. Now is the time to start thinking about off season buying. Many sellers would like to have their place sold by t ...
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August Stat Pack

September 16th, 2018
What a great summer! Hope everyone else enjoyed some of the nice weather as it seems like we are smack dab in to winter. I suppose we should expect this kind of change here in Calgary as it seems to happen every year. The summer was slow with respect to real estate. City wide sales were off by 6.6% year over year. Year to date sales are still down by 15%, however, it’s getting better comp ...
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July Stat Pack

August 18th, 2018
Another bump in interest rates saw more buyers shake out of the market last month. That combined with uncertainty with the economic conditions in Calgary have put a few more plans on hold. This July we did fare better than we have so far this year. While sales have been down nearly 20% for the duration of the year, July sales were only off by 5% compared to 2017. Year to date sales are still ...
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May Stat Pack

June 21st, 2018
This one is coming out a little behind schedule! Now with May in the books and the spring market coming to a close, it’s not what most had expected. The tow line to start 2018 was that we may have seen the bottom of this last recession and that a long slow recovery was in order. Currently, there are over 9,000 listings on the market and sales are down to the tune of 21% through the first 5 mo ...
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November Stat Pack

December 18th, 2017
This will be the last report for 2017. It looks as though November has seen a spike in sales to the tune of 15% compared to last year. This does make some sense considering the new mortgage rules coming in to effect January 1st. What doesn’t make sense is that the increase in sales is in the lower price ranges (under $500K). The new mortgage rules will affect conventional mortgages (more than ...
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October Stat Pack

November 13th, 2017
Well, welcome to Witchita! Winter is finally here and with that usually comes a slow down in the market. Most people choose to hunker down, but why? Off season buying is where you can find the best deals! I find that working with buyers and sellers through the winter usually indicates motivation with respect to their real estate needs. Why else would you move in the winter???City wide sales ...
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August Stat Pack

September 25th, 2017
Took a hiatus in August and feeling refreshed and ready for the fall! Here is the monthly stat pack for August. The last couple months in Calgary have been characterized by more sellers on the market. Sales are up 2% city wide compared to last year and up 8% year to date, however, here we sit with over 6,600 active listings. The number of listings peaked late August at just under 7,000! K ...
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