December 2018 Housing Stats by Calgary Real Estate Board

Fri, 11 Jan by Georgina Burkholder

Welcome to 2019!!

Below is the link to the December 2018 housing statistics for Calgary  as provided by the Calgary Real Estate Board.

https://www.creb.com/Housing_Statistics/documents/12%202018%20Calgary%20Monthly%20Stats%20Package.pdf

Here is the link to the December 2018 statistics for the communities surrounding Calgary.

https://www.creb.com/Housing_Statistics/documents/12%202018%20Regional%20Monthly%20Stats%20Package.pdf

Should you have any questions in regards to the reports or current markets conditions, please call my office at 403-251-1100 or send an email to matthew.r@shaw.ca   I am always happy to speak with you.

Your Realtor,

Matt

 

 

2018 – The cost to give your “True Love” all the gifts!!

Fri, 14 Dec by Georgina Burkholder

Did you ever wonder what the cost would be if you could give your “True Love” all the gifts from the song ” The 12 Days of Christmas”?  Well PNC Financial has also wondered and for the past 35 years, they have created the Christmas Price index to figure it out.   They have created an interactive website with the information.

So here is the breakdown if you want to give ” YOUR TRUE LOVE” all the gifts!

PNC Christmas Price Index

https://www.pnc.com/en/about-pnc/topics/pnc-christmas-price-index.html

November 2018 Housing Stats by CREB

Wed, 12 Dec by Georgina Burkholder

Below is a link to the Housing Statistics as posted by the Calgary Real Estate Board for the month of November in the City of Calgary.

https://www.creb.com/Housing_Statistics/documents/11%202018%20Calgary%20Monthly%20Stats%20Package.pdf

Here is the link to the Regional Stats as posted by the Calgary Real Estate Board for the month of November the the areas surrounding Calgary.

https://www.creb.com/Housing_Statistics/documents/11%202018%20Regional%20Monthly%20Stats%20Package.pdf

Should you have any questions about the current market or about the information in the reports, please call the office  at 403-251-1100.  I would be happy to speak with you.

Your Realtor

Matt

October 2018 Housing Statistics for Calgary by CREB

Fri, 09 Nov by Georgina Burkholder

Welcome to a new month!  Its hard to believe that we only have 2 months left in 2018.

Here are the housing stats for Calgary as posted by the Calgary Real Estate Board.

https://www.creblink.com/-/media/Public/CREBcom/Housing_Statistics/City_of_Calgary_Report.pdf?la=en

Here is the housing stats for the communities surrounding Calgary as reported by CREB

https://www.creblink.com/-/media/Public/CREBcom/Housing_Statistics/Calgary_Regional_Report.pdf?la=en

Should you have any questions about the recent reports or the current housing market, I would be very happy to speak with you.  You can reach me at the office at 403-251-1100 or send an email to matthew.r@shaw.ca

Your Realtor

Matt

 

 

September 2018 Housing Statistics for Calgary by CREB

Fri, 05 Oct by Georgina Burkholder

Below are the recent statistics for the housing market in Calgary as posted by the Calgary Real Estate Board.

Housing Stats for Calgary:

http://www.creb.com/Housing_Statistics/documents/09%202018%20Calgary%20Monthly%20Stats%20Package.pdf

Housing and Market Stats for communities surrounding Calgary:

http://www.creb.com/Housing_Statistics/documents/09%202018%20Regional%20Monthly%20Stats%20Package.pdf

Should you have any questions about the reports or would like to discuss your current real needs, please give me a call at 403-251-1100 or send me an email to matthew.r@shaw.ca

Your Realtor
Matt

 

August 2018 CREB report on housing in Calgary

Fri, 07 Sep by Georgina Burkholder

August went by rather quickly and here it’s back to school time!!

Here is the recent report from the Calgary Real Estate Board for the month of August in Calgary.

http://www.creb.com/Housing_Statistics/documents/08%202018%20Calgary%20Monthly%20Stats%20Package.pdf

Here is the report to the Regional stats for the month of August.

http://www.creb.com/Housing_Statistics/documents/08%20201%20Regional%20Monthly%20Stats%20Package.pdf

Should you have any questions about the reports or about about your personal real estate needs, please give me a call at 403-251-1100 or drop me an email at matthew.r@shaw.ca

Your Realtor

Matt

 

 

July 2018 Housing Stats by CREB

Fri, 03 Aug by Georgina Burkholder

Below is the recent report as posted by CREB for the housing situation in Calgary and area.  Should you have any questions about the report I would be very happy to speak with you.  You can reach me at 403-251-1100 or by email at matthew.r@shaw.ca

Your Realtor,

Matt

July 2018 – Stats for the City of Calgary

http://www.creb.com/-/media/Public/CREBcom/Housing_Statistics/City_of_Calgary_Report.pdf?la=en

July 2018 Stats for the Regions Surrounding Calgary

http://www.creb.com/-/media/Public/CREBcom/Housing_Statistics/Calgary_Regional_Report.pdf?la=en

Below is the full press release by CREB  with the stats for the month of July 2018

http://www.creb.com/News_Centre/Media_Releases/2018/August/Monthly_Housing_Stats_July_2018/

June Housing Stats by CREB

Fri, 06 Jul by Georgina Burkholder

Hello

Below are the recent housing reports by the Calgary Real Estate Board for the Month of June 2018.  If you have any questions about the reports or what is happening in our market, please contact me and I would be happy to answer any questions.

Wishing you a Great Summer!

Your Realtor,
Matt
403-251-1100

Calgary Housing Stats – June 2018:

http://www.creb.com/-/media/Public/CREBcom/Housing_Statistics/City_of_Calgary_Report.pdf?la=en

Regional Housing Stats – June 2018:
http://www.creb.com/-/media/Public/CREBcom/Housing_Statistics/Calgary_Regional_Report.pdf?la=en

Full report by CREB:

http://www.creb.com/News_Centre/Media_Releases/2018/July/Monthly_Housing_Stats_June_2018/

May 2018 – Housing report and Statistics from CREB

Fri, 01 Jun by Georgina Burkholder

Below is the recent report as published by the Calgary Real Estate Board for the housing market in May of this year.

Your Realtor,
Matt

Lending conditions weigh on housing demand


City of Calgary, June 1, 2018 – 
May sales activity continues to ease with the largest declines occurring in the detached sector. Additional gains in new listings continue to increase inventory levels.

City-wide sales activity in May totaled 1,726 units and is 19 per cent below last years’ levels. This is 24 per cent below longer term averages. Sales activity in the detached sector declined to levels not seen in over a decade.

“The impact of rising lending rates and stricter qualification levels is causing demand to ease across all product types,” said CREB® chief economist Ann-Marie Lurie.

“Economic conditions have improved compared to several years ago, but the pace of economic recovery has not been enough to outweigh the changes in lending conditions.”

Market supply has not adjusted to sales activity and is pushing months of supply to 4.9 months. Elevated supply relative to demand prevented any further price recovery in the market and city-wide residential benchmark prices totaled $436,900 in May. This is similar to last month and 0.6 per cent below levels recorded last year.

Detached sales and inventories have risen across all price ranges, but the amount of excess supply has been most notable for homes price above $500,000. Months of supply for the higher price ranges remain high compared to the past several years. However, they still remain below record levels that occurred post financial crisis (2008 – 2009).

“The changes in the lending market are preventing some people from moving up in the market. Uncertainty has also caused others to wait on making changes to their housing situation,” said CREB® president Tom Westcott.

“However, there are pockets of the market that have not seen the same supply increase. It makes it so important to understand the dynamics of your community.”

Click here to view the full City of Calgary monthly stats package

Click here to view the full Calgary region monthly stats package

April 2018 Housing Statistics from CREB

Wed, 02 May by Georgina Burkholder

Below is the recent housing Stats as posted by the Calgary Real Estate Board.  Should you have any questions about the report, please call me at 403-251-1100

Matt

Soft Sales Continue in April

May 01, 2018

Prices steady, but struggles in Alberta economy weighs on housing
City of Calgary, May 1, 2018
 –

Changes to the lending industry and a challenging economic recovery are weighing on sales activity in Calgary’s housing market.

Supply levels have not adjusted to the weaker demand environment, and that is preventing price recovery.

“Slower sales do not come as a surprise, given the economy has not yet improved enough to offset the impact of changes in the lending industry,” said CREB® chief economist Ann-Marie Lurie.

“While the rising inventories are being monitored, prices have remained relatively flat as gains in some areas of the city have been offset by declines in other areas.”

The easing sales trend persisted through April in Calgary’s housing market. Calgary sales totaled 1,518 units in April, which is 20 per cent below last year and 25 per cent below long-term averages.

The detached sector has seen the largest decline, with year-to-date sales totaling 2,991 units, 27 per cent below the 10-year average.

Inventory levels in April totaled 7,324 units. This is a 32 per cent rise over last year, but well below the monthly high of 10,129 units recorded in 2008. Supply compared to demand has risen, but city-wide prices have remained relatively stable, totaling $436,500 in April, a monthly and annual gain of 0.21 per cent.

“The reality is that there’s selection heading into the active spring market,” said CREB® president Tom Westcott.

“For many sellers, they have to decide what price they are willing to accept for a lifestyle change. At the same time, buyers need to understand the supply dynamics and price movements in the specific area, as they may not align with their expectations.”

So far this year, apartment and attached sales have eased to levels that are comparable to 2016. However, rising supply in both markets have pushed months of supply to the highest levels recovered over this four-month period, which is preventing any significant shifts in pricing trends.

Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.