Newsletters
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"In 2010, the Alberta economy recovered from the global recession and expanded by an estimated 3.8 per cent." |
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The fundamentals of the Calgary economy continue to improve with lower inventory levels and slightly higher resale sales |
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Since our peak in housing prices in the spring of 2007 we have seen sales of houses and condominiums slow while the inventory of homes on the market continue in an oversupply state. I do see this trend now beginning to change. |
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2010 has been an interesting year for the Calgary housing market. The year began with |
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In my last market update in July, I discussed the Calgary market returning to balanced |
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The Calgary real estate market has been very interesting since the beginning of the year. |
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The decrease in house prices and interest rates have created affordability and many first time home buyers who were previously pushed out of the housing market are looking to return. |
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Home sales decrease along with the inventory of homes for sale. We are still entrenched in a buyer's market. |
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Sellers are competing for buyers prices move lower. |
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Increasing inventory of houses moves the market to a buyer's market. House prices decrease. |
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Canadian homes prices continue to climb, Learn to live big in a small space, Quiz: What kind of homeowner are you? |
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Homes for sale increasing, slowing the market, mortgage rates stable. |
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Home staging, CMHC reduces insurance rates for first time buyers. |
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Low housing inventory and strong demand drives home prices. |
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Strong oil prices keep migration strong. Calgary is the place to be |
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Strong market fundamentals with good market affordability |
