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.

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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

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May Brought Us a Big Increase in New Listings While Demand Still Drags

The month of May saw a dramatic increase in new listings coming onto the market while the demand stayed very flat. In June, we are seeing the new listing count very similar to last June,

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The month of May saw a dramatic increase in new listings coming onto the market while the demand stayed very flat. In June, we are seeing the new listing count very similar to last June,

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First Quarter of 2018 – Slower Sales Pace

The first quarter of 2018 saw a persistent slower pace of sales versus 2017.  Much of this is attributed to the mortgage rule changes that came into effect January 1, 2018.  This rule change caused

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The first quarter of 2018 saw a persistent slower pace of sales versus 2017.  Much of this is attributed to the mortgage rule changes that came into effect January 1, 2018.  This rule change caused

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More Stability in 2018

The projections have come out for 2018 and it looks like we will have more of what 2017 offered us in the Calgary and Area real estate market. Projections are for prices to remain stable,

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The projections have come out for 2018 and it looks like we will have more of what 2017 offered us in the Calgary and Area real estate market. Projections are for prices to remain stable,

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2017 Year End Thoughts – What is Ahead for 2018?

“Big John’s” Thoughts on the Calgary Real Estate Market January 2018 Looking back on 2017, it truly was the year of stabilization.  All the key indicators stabilized through the year, we have broken down the

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“Big John’s” Thoughts on the Calgary Real Estate Market January 2018 Looking back on 2017, it truly was the year of stabilization.  All the key indicators stabilized through the year, we have broken down the

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