Number of Sales Stabilizing with Fewer New Listings

The number of total sales continues to stabilize with total sales this year even with last year.  Keep in mind last year was not a good year for sale, but this marks a big improvement

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The number of total sales continues to stabilize with total sales this year even with last year.  Keep in mind last year was not a good year for sale, but this marks a big improvement

folder_open 2019 Calgary Housing Market, 2019 Calgary Real Estate, 2019 Calgary Real Estate Stats, Alberta Real Estate Market, Big John's Market News, Calgary Real Estate Market Update
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Moving Towards a More Balanced Market

The trend still shows a sharp decline in new listings coming to market with continued stabilization of sales.  This combination of decreased inventory and stable demand has reduced the absorption rate by about a full

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The trend still shows a sharp decline in new listings coming to market with continued stabilization of sales.  This combination of decreased inventory and stable demand has reduced the absorption rate by about a full

folder_open 2019 Calgary Housing Market, 2019 Calgary Real Estate, 2019 Calgary Real Estate Stats, Big John's Market News
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Now is a Great Time to Buy!! Sales Numbers Stabilize as New Listings & Inventory Shrinks….

The June numbers continue the trend of stabilizing sales numbers just slightly lower than last year, while the new listing numbers are significantly less.  The supply in the market is down 15% from this same

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The June numbers continue the trend of stabilizing sales numbers just slightly lower than last year, while the new listing numbers are significantly less.  The supply in the market is down 15% from this same

folder_open 2019 Calgary Housing Market, 2019 Calgary Real Estate, 2019 Calgary Real Estate Stats, Big John's Market News, Calgary Real Estate Market Update
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New Listings and Inventory Shrink as Sales Start to Increase

May numbers indicate a shift in the Calgary and Area real estate Market.  Inventory is shrinking and the sales are increasing versus last year and show great improvement over the beginning of 2019.  If you

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May numbers indicate a shift in the Calgary and Area real estate Market.  Inventory is shrinking and the sales are increasing versus last year and show great improvement over the beginning of 2019.  If you

folder_open 2019 Calgary Housing Market, 2019 Calgary Real Estate, 2019 Calgary Real Estate Stats, Alberta, Big John's Market News, Calgary, Calgary Real Estate Market Update
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April 2019 Sees Fewer New Listings and a Slight Increase in Total Sales

Absorption Rate: (0 to 2 months of supply is a seller’s market, 2 to 3.5 months of supply is balanced, and 4 or over becomes a buyer’s market) City of Calgary – 4.6 months of

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Absorption Rate: (0 to 2 months of supply is a seller’s market, 2 to 3.5 months of supply is balanced, and 4 or over becomes a buyer’s market) City of Calgary – 4.6 months of

folder_open 2019 Calgary Real Estate Stats, Alberta, Alberta Real Estate Market, Big John's Market News, Calgary Real Estate Market Update
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Improved March numbers, but there are still amazing buying opportunities!

Whenever people see a sale on something it typically motivates them to buy.  Why, when real estate goes on sale (decreases in price), do people wait for the market to recover before buying? Here are

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Whenever people see a sale on something it typically motivates them to buy.  Why, when real estate goes on sale (decreases in price), do people wait for the market to recover before buying? Here are

folder_open 2019 Calgary Housing Market, 2019 Calgary Real Estate, Alberta Real Estate Market, Big John's Market News, Calgary Real Estate Market Update
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February Numbers Improved, but the Market Needs Buyer Demand!

As we move into 2019 the continued slow economic growth and job uncertainty in Alberta are reflected in higher inventories and not enough buyer demand.  Any pick up in job growth and economic optimism that

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As we move into 2019 the continued slow economic growth and job uncertainty in Alberta are reflected in higher inventories and not enough buyer demand.  Any pick up in job growth and economic optimism that

folder_open 2019 Calgary Housing Market, 2019 Calgary Real Estate, Alberta, Alberta Real Estate Market, Big John's Market News, Big John's Market News October 2018
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Slower Start for 2019, but Recent Activity Picking Up!

The Calgary and Area Real Estate market had a slow start in January, but the recent activity over the first couple of weeks in February are painting a bit better picture.  The numbers are improving

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The Calgary and Area Real Estate market had a slow start in January, but the recent activity over the first couple of weeks in February are painting a bit better picture.  The numbers are improving

folder_open 2019 Calgary Housing Market, 2019 Calgary Real Estate, Alberta, Alberta Real Estate Market, Big John's Market News, Calgary Real Estate Market Update
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2018 Was a Challenging Year…. Bring On 2019!

The Calgary and Area real estate market had many challenges in 2018, with major impacts due to mortgage rule changes and a continuing soft job market.  As time moves on, buyers and lenders are adapting

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The Calgary and Area real estate market had many challenges in 2018, with major impacts due to mortgage rule changes and a continuing soft job market.  As time moves on, buyers and lenders are adapting

folder_open 2019 Calgary Housing Market, 2019 Calgary Real Estate, Alberta Real Estate Market, Big John's Market News, Calgary Real Estate Market December 2018, Calgary Real Estate Market Update
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November New Listings Are DOWN 7% From 2017

A reduction in the new listings coming to market has caused some shifts in the market – most notably in the Apartment Condominium absorption rate that has decreased (become better) by just over 1.5 months.

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A reduction in the new listings coming to market has caused some shifts in the market – most notably in the Apartment Condominium absorption rate that has decreased (become better) by just over 1.5 months.

folder_open Alberta Real Estate Market, Big John's Market News, Calgary, Calgary Real Estate 2018, Calgary Real Estate Market 2018, Calgary Real Estate Market December 2018, Calgary Real Estate Market Update
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