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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October Sales Continue to Struggle, New Listings are Slowing

In every market there are opportunities. We are seeing many buyers starting to take advantage of the tremendous buying opportunities in the market.  These buyers see that real estate is “on sale” in our area

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In every market there are opportunities. We are seeing many buyers starting to take advantage of the tremendous buying opportunities in the market.  These buyers see that real estate is “on sale” in our area

folder_open Big John's Market News, Big John's Market News October 2018
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September Sales About 20% Below Long-Term Averages….Is It Time to Buy?

In every market there are opportunities. We are seeing many buyers starting to take advantage of the tremendous buying opportunities in the market.  These buyers see that real estate is “on sale” in our area

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In every market there are opportunities. We are seeing many buyers starting to take advantage of the tremendous buying opportunities in the market.  These buyers see that real estate is “on sale” in our area

folder_open Big John's Market News, Calgary Real Estate 2018, Calgary Real Estate Market 2018, Calgary Real Estate Market Update, September 2018 Calgary Real Estate News
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August 2018 – more of what we saw in July and September continues the same trend

A Great Time to Invest or Move-Up! The end of summer continued the trend of softer sales numbers and higher than average inventory levels.  This situation will persist until the economy and job market in

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A Great Time to Invest or Move-Up! The end of summer continued the trend of softer sales numbers and higher than average inventory levels.  This situation will persist until the economy and job market in

folder_open August 2018 Calgary Real Estate, Big John's Market News
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July 2018 Continued with Weaker Demand – But the Numbers are Starting to Stabilize

The summer months continue the trend of weaker demand caused by slower job growth, interest rate increases, and continued government policies looking to “cool” the Canadian housing market.  While the numbers still indicate a clear

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The summer months continue the trend of weaker demand caused by slower job growth, interest rate increases, and continued government policies looking to “cool” the Canadian housing market.  While the numbers still indicate a clear

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