Market update Aug 2014
Calgary continues to experience a shortage of inventory with 17% fewer listings than normal for this time of year. There is only a 60-day supply of single family homes on the market. In the lower price...
View ArticleMarket update Sep 2014
More home owners have been motivated to list their homes and reap the rewards of the recent price increase. As a result, new listings are up slightly for the sixth consecutive month. For September, 17%...
View ArticleMarket update Oct 2014
“Two consecutive years of relatively strong employment and population growth, combined with rising wages and low lending rates, have supported demand growth in our housing sector,” said CREB® chief...
View ArticleDramatic change in the market to start 2015
Some welcome changes are occurring in the Calgary housing market. It’s been a long time since buyers had the upper hand, and it’s also been a long time since buyers had a good selection of homes from...
View ArticleTruth and justice prevails. I sued Gary Bench ( aka Squidly77 ) for...
Over three years ago, I commenced a lawsuit against an anonymous blogger. He went by the name of Squidly77 and was posting statements which were defamatory and damaging to me personally and to my real...
View ArticleWhere will Calgarians be buying holiday homes?
The iconic Three Sisters near Canmore, AB An article in the Invermere, BC newspaper touches on the subject of real estate values in resort communities such as Canmore and Invermere. The reporter sought...
View ArticleMarket update June 30, 2014
Slightly better conditions for buyers in June More homes are being listed Bidding wars have eased, but are still commonplace. 26% of homes sold for list price or higher in June. The average amount...
View ArticleMarket update July 2014
As always in the summer, the price dropped slightly in July. Sales activity is still strong, and more homes are being listed compared to historical averages. Inventory is still low. 19% of homes sold...
View ArticleCalgary prices post-flood
It’s enlightening to look back and see what the experts were predicting about Calgary real estate immediately after last June’s flooding. One got it right, one got it wrong. Mike has the details on his...
View ArticleOntarians to move to Calgary in droves
The election of the Liberal majority in Ontario has just ensured a continued shortage of housing in Calgary along with increasing prices. The Twittersphere is choc-a-block full of disillusioned...
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