Persistent sellers’ market conditions contribute to price gains

City of Calgary, April 1, 2021 –

The initial impact of COVID-19 on the housing market began last March.

One year later, it is not a surprise that March sales in 2021 were higher than in 2020. However, at 2,903 sales, this was the highest March total since 2007.  

“Low lending rates and improved savings have supported sales activity,” said CREB® chief economist Ann-Marie Lurie.

“However, sales have been somewhat restricted by the lack of listings. This month there was a jump in new listings, contributing to the strong monthly sales.” 

Inventory levels pushed above 5,400 units, but citywide months of supply fell below two months. This reflects the lowest months of supply for…

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Coming Soon! 120 acres with custom 2 storey walkout home 40x60 shop plus a triple attached garage 2200 sq ft up +1300 down, in-floor heating Stunning mountain views 2.5 miles from Calgary and just mins to Airdrie 2,900,000

 

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Congratulations to our buyers and sellers of this beautiful acreage! New adventures for both families and we wish them all the best. Thank you for the trust and confidence you placed in us.

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Where do buyers form the most lasting impression of a home for sale that they
visit? On the main floor!


When buyers view a property, they often spend a lot of time on the main floor,
thinking and imagining. They visualize cooking in the kitchen, having family
dinners in the dining room, and entertaining guests in the living room. They
even mentally calculate how their furniture will fit!


So, making the main floor look great to buyers is crucial when selling your
property. How do you do that?


An effective technique is to walk your main floor the way a buyer would. Start
at your front entrance. Stand there for a moment and look around. Get a sense
of the impression a buyer is likely to get from that perspective.


Next, walk to the kitchen area,…

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Looking for a fabulous home in Silver Springs, Calgary? This beauty is coming to the market soon. $549,900

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3 full bathrooms

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Have you been dreaming about leaving the busy city life for more peace & tranquility of living in the country? Imagine having space to raise your kids, grow your own food & have animals as well? This amazing acreage is 5.39 acres, has mature trees, is fenced & cross fenced,…

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This amazing mini ranch is coming on the market next week! 5.39 acres, set up for a variety of animals, includes a barn, greenhouse and many other outbuildings and an updated 5 bedroom home as well!

Call or message us for more info. $422,500 

403-681-0319

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A huge congrats to our sellers on this quick sale. On to new adventures now! Thank you for your trust and confidence:)

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City of Calgary, March 1, 2021 –

With gains in every price range, residential sales activity in February totalled 1,836.

This reflects the best February since 2014.

“Despite continued COVID-19 restrictions, housing activity continues to improve. Much of the strong sales activity is expected to be driven by exceptionally low mortgage rates,” said CREB® chief economist Ann-Marie Lurie.

“Confidence is also likely improving as vaccine rollouts are underway. Additionally, some of the worst fears concerning the energy sector are easing with recent gains in energy prices.”

New listings also improved in February, but the gap between new listings and sales narrowed. This is causing the sales-to-new-listings ratio to rise to 65 per cent, keeping the…

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