Calgary’s Housing Future

By Claudette Coutts on Saturday, October 7th, 2017 in News, Real Estate News. No Comments

Trends shaping the city’s short- and long-term development There are some notable trends in real estate that offer clues to what’s on the horizon for the curious, the concerned and those who just like to plan ahead. “I think the findings from the 2016 census highlight changes in the Calgary housing market,” said Rylan Graham, […]


Market Factors influence New Listings

By Claudette Coutts on Thursday, October 5th, 2017 in Inside Scoop, News, Real Estate News. No Comments

Calgary Market Update Oct 5,2017 There are several factors influencing new listings. The market did not respond to the interest rate increases, and the end of summer as expected in September. The expectation for September was that there would be an uptick in sales after the holiday months were over. This was not the case […]


Growth in new listings outpaced sales preventing inventory declines

By Claudette Coutts on Tuesday, September 5th, 2017 in Real Estate News. No Comments

Growth in new listings outpaced sales preventing inventory declines.  A rise in new listing inventory kept levels elevated. Sales posted a modest gain in August. Listing inventory grew to 6,621 units at the end of August, where over half were attached and apartment style properties. A large amount of apartment style listings continue to have downward […]


Calgary Real Estate Shows Signs of Price Stability

By Claudette Coutts on Thursday, August 17th, 2017 in Inside Scoop, News, Real Estate News. No Comments

Price stability shows in Mid Year market updates. The first-half of 2017 marked a shift in Alberta’s economy from recession to recovery, with conditions supporting stability rather than expansion. Improvements in the labour market are supporting the shift in the housing market this year. While the shift is welcome news for many, we continue to […]


More Interest Rate Hikes Expected?

By Claudette Coutts on Wednesday, August 2nd, 2017 in News. No Comments

The Bank of Canada has raised its key interest rate as expected to 0.75% – the central bank’s first move upward in the cost of borrowing in seven years. The bank’s target for the overnight rate – at which major financial institutions make one-day loans to each other – moved up by 1/4 of a […]


Calgary’s recovery sees modest inventory gain

By Claudette Coutts on Wednesday, August 2nd, 2017 in Inside Scoop, News, Real Estate News, Uncategorized. No Comments

  Calgary’s market sees modest inventory gains, but overall prices inch up. Calgary’s housing market remains a work in progress. Sales exhibited stable growth through the first half of the year in the Calgary housing market, but the number of transactions slowed slightly in July compared to last year. Modest improvements in the labour market and […]


Vacancy Rates in Calgary

By Claudette Coutts on Tuesday, August 1st, 2017 in Real Estate News. No Comments

Are you thinking or renting your detached home?  Rental vacancy rates are the highest they have been in years. Anyone thinking of renting their detached home should do their research and read this article before deciding to rent. Landlords will be facing grim times.