April – First Full Month of COVID Policies in Place

The numbers for April are down as expected. The reaction to the current situation is weighing heavily on market conditions.  But, as I write this in mid-May, we are already seeing improvement! The biggest message

event_note account_box Big John Petersonmore_vert
close

The numbers for April are down as expected. The reaction to the current situation is weighing heavily on market conditions.  But, as I write this in mid-May, we are already seeing improvement! The biggest message

folder_open 2020 Calgary Housing Market, Big John's Market News, Calgary Real Estate Market Update
Read more

Market Stabilizing as Sales Numbers Show Some Strength

But…the uncertainty in the coming weeks and months may impact everything. We are experiencing something new, something most of us have never had to deal with in our lives.  I see many people trying to

event_note account_box Big John Petersonmore_vert
close

But…the uncertainty in the coming weeks and months may impact everything. We are experiencing something new, something most of us have never had to deal with in our lives.  I see many people trying to

folder_open 2020 Calgary Housing Market, 2020 Calgary Real Estate, 2020 Calgary Real Estate Statistics, Big John's Market News
Read more

Market Stays Stable as We Approach Christmas

The trend continues with sales remaining stable and new listing trending fewer than 2018.  The absorption rates versus a year ago are very encouraging sitting at about 2-4 weeks shorter.  The exception to this is

event_note account_box Big John Petersonmore_vert
close

The trend continues with sales remaining stable and new listing trending fewer than 2018.  The absorption rates versus a year ago are very encouraging sitting at about 2-4 weeks shorter.  The exception to this is

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, Calgary Real Estate Market Update
Read more

Why NOW is a better time to sell than in previous months

A couple of interesting trends to note.  One, the market is far healthier than it was a year ago.  As we continue to stabilize with far fewer new listings coming to market, the prices are

event_note account_box Big John Petersonmore_vert
close

A couple of interesting trends to note.  One, the market is far healthier than it was a year ago.  As we continue to stabilize with far fewer new listings coming to market, the prices are

folder_open 2019 Calgary Housing Market, 2019 Calgary Real Estate, 2019 Calgary Real Estate Stats, Big John's Market News
Read more

Stabilizing Trend Continues

The stabilization of the market continued through September.  Year-to-date sales are at the same level as last year.  The bigger story is the decrease in new listing coming to market.  Overall inventory is down about

event_note account_box Big John Petersonmore_vert
close

The stabilization of the market continued through September.  Year-to-date sales are at the same level as last year.  The bigger story is the decrease in new listing coming to market.  Overall inventory is down about

folder_open 2019 Calgary Housing Market, 2019 Calgary Real Estate, 2019 Calgary Real Estate Stats, Alberta Real Estate Market, Big John's Market News
Read more

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

event_note account_box Big John Petersonmore_vert
close

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
Read more

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

event_note account_box Big John Petersonmore_vert
close

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
Read more

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

event_note account_box Big John Petersonmore_vert
close

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
Read more

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

event_note account_box Big John Petersonmore_vert
close

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
Read more

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

event_note account_box Big John Petersonmore_vert
close

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
Read more