Uptick in Sales Activity

By Claudette Coutts on Friday, June 7th, 2019 in Calgary Real Estate Market Watch, Real Estate News. No Comments

With the uptick in sales activity, and the lower volume of new listings hitting the market, we are seeing more balanced markets return to many areas. Further stabilizing home prices. Summary: The majority of the sales volume is happening in the lower price points of the markets which is likely due to the decreasing rental […]


April brings a slight inventory decline

By Claudette Coutts on Wednesday, May 8th, 2019 in Calgary Real Estate Market Watch, Inside Scoop, Real Estate News, Uncategorized. No Comments

Calgary Housing Market May 6,  2019 Spring is in the air….even though its been snowing. The market activity in April has had a noticeable uptick as we are seeing more showing requests, multiple offers, back up offers, and multiple back up offers! While the industry remains lagging nearly 6% behind 10 year averages for the […]


City of Calgary R.E. Market Update – August 15, 2018

By Claudette Coutts on Thursday, August 16th, 2018 in Real Estate News. No Comments

MID YEAR MARKET UPDATE Economic Conditions Continue to Weigh on Calgary’s Housing Market City of Calgary, Aug. 15, 2018 – Stricter lending criteria, higher rates and a slow economic recovery weighed on housing demand over the first half of 2018 for Calgary’s housing market. This is causing sales to ease more than originally anticipated. “Easing sales combined […]


THE NEW ARISTOCRACY

By Claudette Coutts on Tuesday, July 31st, 2018 in Real Estate News, Uncategorized. No Comments

The group we refer to as The New Aristocracy are high-net worth consumers aged 25 – 49.  This group encompasses  both Millennials and the younger portion of Generation X. The term “New Aristocracy” is unlike any generation before it. They will be larger in number and greater in economic power than the wealthy in the […]


Finding the Perfect Home

By Claudette Coutts on Friday, April 6th, 2018 in Home Buyers. No Comments

Finding the Perfect Home…. Finding the perfect home can be a challenge. Here are a few tips to help you have a better experience. Go for the long haul, imagine living in the home 5 -7 years. Staying in place will save you a significant amount in closing and moving costs. It will also give […]


The RIGHT neighbourhood to call HOME

By Claudette Coutts on Tuesday, April 3rd, 2018 in Home Buyers. No Comments

Finding the right neighbourhood to live in requires some key elements. It’s a well-worn phrase in real estate. Location, location, location! Truer words were never spoken when it comes time for families who are on the hunt for a new neighborhood and home. Depending on the age of their children, families may look specifically for a […]


Sound principles in impact on pricing properties continues to be the story through CREB recovery – March 6, 2018

By Claudette Coutts on Wednesday, March 7th, 2018 in Inside Scoop, Mortgages, Real Estate News. No Comments

Sound principles in pricing properties continues to be the story through the recovery. As expected the upbeat markets impact on prices from January failed to carry through February, seeing our total sale volume drop to 18% below February 2017’s sales numbers. The thoughts according to CREB’s chief economist, Ann-Marie Lurie, are “Housing market conditions are still […]


City of Calgary Stats December 2017

By Claudette Coutts on Thursday, January 4th, 2018 in General, News, Real Estate News. No Comments

HAPPY NEW YEAR! We hope that you had a safe entry into 2018 and look forward to a successful and exciting year to come. December sales activity rises again but so does supply. City of Calgary, January 2, 2018 – Sales activity for all product types improved in December and pushed monthly sales to long-term […]


Calgary’s Housing Market shows a rise in sales for November.

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

Calgary’s housing market shows a rise in sales for November particularily in the lower price ranges.We have seen some improvements in confidence with many of our clients. The combination of improved confidence and pending mortgage rule changes have likely contributed to the stronger sales activity this month. For a lot of buyers, they are interested in […]


NEW Mortgage Stress Test starts January 1, 2018

By Claudette Coutts on Friday, November 3rd, 2017 in Mortgages, News, Real Estate News. No Comments

New Mortgage Rules  Canada’s top banking regulator has published the final version of its new mortgage rules. The new guidelines for the mortgage industry will come into affect on January 1, 2018. Among the major new rules is a requirement to stress test uninsured borrowers. Previously, only insured borrowers had to undergo such a test. By […]