Calgary’s housing market to continue its path to recovery

CREB market update forecast august 2011Following steep declines in 2010 sales, the Calgary residential resale market is on the path to recovery. Single family sales will lead the growth with an anticipated 8 per cent increase in sales. Prices are expected to record a moderate increase, mostly due to an increase in higher-end sales and consumer appetite for somewhat discounted higher-end homes. The improved selection of homes in all price ranges will continue to contribute to the balanced conditions in Calgary's housing market.

On the condominium side, gains in the market have been slower, due to ramped up supply in the new condominium market and improved selection of single family homes in a wider price distribution. Condominium…

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The City of Calgary's new "search-centric" www.calgary.ca site powered by Google's Search Appliance is featured on the Official Google Enterprise Blog today.

Interesting research showed:

- Over 93% of Calgarians use the Internet. 
- Only 18% of traffic came directly to our home page - 55% of people came from search engines, primarily Google. 
- Citizens want to interact with us online, instead of spending time on the phone or in-person - 60% noted better convenience, such as not having to drive to a city facility. Others noted speed and 24/7 availability. 
- More than 40% of Calgary citizens said they wanted more services online.

After a short beta period, "Early metrics show that only 4% of visits to the old calgary.ca used the internal search…

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We have just listed 12 Lake Adams Place SE for sale in the popular Calgary community of Lake Bonavista!

View the full listing details including pictures, Google Map information and more! MLS® C3488261

Lake Bonavista Bungalow with Quiet Location!
Calgary Lake Bonavista MLS® REALTOR® listings for saleFantastic Quiet Location! Super Value! Close to major transportation routes, shopping, recreational facilities, amenities. Live in this beautiful lake community and enjoy nearby fabulous Lake Bonavista. The master 3-piece bath and the 4-piece bath upstairs have been recently beautifully renovated. Home is spacious with three bedrooms up, lovely sunken living room with wood burning fireplace, dining room and kitchen with eating nook overlooking lush back yard with patio and deck. Enjoy the lilacs from your…

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Market improvements driven by clients looking for valuecrebjuly-2011-absorption-rate

Calgary, August 2, 2011 – According to figures released today by CREB® (Calgary Real Estate Board), residential sales continue to trend towards recovery.  After the first seven months of the year, single family and condominium sales totaled 11,798, a 5 per cent increase over the previous year.  While the improvements signal market recovery, overall sales levels remain 17 per cent below the 10-year average for this period.

"The recent rise in average days on market, especially in the single family sector, shows that while properly priced homes are selling quickly, over-priced listings remain on the market for a longer period of time. Improving market conditions may have signaled some sellers to be…

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We have just listed 607 4944 Dalton Drive NW for sale in the popular Calgary community of Dalhousie!

View the full listing details including pictures, Google Map information and more! MLS® C3485186

2 Bedroom Condo in The Fortress of Dalhousie
Calgary Dalhousie MLS® REALTOR® listings for salePerfect for students and investors! 2 bedrooms and 2 PARKING STALLS at The Fortress! This west facing unit is sunny and bright with mountain views. Newer carpets and paint throughout. The kitchen appliances and cabinets have been upgraded. This is a popular building close to the University of Calgary, Foothills and Childrens Hospitals, shopping, C-Train and bus! The building features an indoor swimming pool, sauna, exercise facility, tennis courts and party room! Quick possession is possible - call to view…

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First year-over-year increase in monthly condominium sales since April 2010calgary real estate board june 2011 absorption rate

Calgary, July 4, 2011 – According to figures released today by CREB® (Calgary Real Estate Board), residential sales surged in the month of June 2011 to 1,979 units.  While this indicates a third more sales than June 2010, the year-to-date increase proved a moderate 2 per cent. Strong monthly increases does not imply a housing boom, as it is important to put into perspective that sales activity remains below long term averages.  While the single family market has shown signs of improvement throughout the first half of this year, this is the first time since April 2010 that condominium sales have recorded a year-over-year increase.

"Improved housing demand is being fueled by a…

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Are you looking for Calgary Homes with Pools?

44 Mapleglade Close SE in the popular Calgary community of Maple Ridge is SOLD!

View the full listing details including pictures, Google Map information and more! MLS® C3482889

5 Bedroom Maple Ridge Bi-Level with Indoor Pool!
Calgary Maple Ridge MLS® REALTOR® listings for saleINDOOR POOL! Wow - at this price!! Sellers have enjoyed the privacy and if you are wanting this, SEE NOW! ENJOY!! Walkout to the back yard which is also private and overlooking nature at its best with a big deck off Pool Room as well as patio off dining room. (DESIGNED FOR SERENITY, THIS IS VERY SPECIAL) Three bedrooms up and fully developed basement. Three Bathrooms! Lots of work done to this home in the mid 2000. View all Calgary Real Estate Board MLS® listings for sale in Maple…

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We have just listed 444 Woodside Road SW for sale in the popular Calgary community of Woodlands!

View the full listing details including pictures, Google Map information and more! MLS® C3482401

Well Maintained Two Storey Split on Beautiful Treed Lot!
Calgary Woodlands MLS® REALTOR® listings for saleAn exceptional two storey split well maintained by original owners! Front double attached garage with two single doors. Vaulted ceiling in living & dining rooms featuring beautiful wood beams and hardwood floors. Spacious kitchen and eating area opens to main floor family with gas fireplace. Enjoy the bright, west facing glass sun room year round! Master bedroom has 3pc ensuite (tub no shower) and walk-in closet. Basement has bedroom, 3pc bath and large rec room with wet bar and wood burning fireplace.…

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Calgary Real Estate Board News - January 21 2010We've updated the Calgary Real Estate Marketing section of our website to include a copy of our advertisement from the June 24, 2011 issue of Calgary Real Estate Board News.

CREN® is published by and distrbuted weekly with the Calgary Herald! It is available for pick-up in over 1250 locations through Calgary and the surrounding communities - at Co-op, Safeway and Sobey's grocery stores, financial institutes, LRT stations, restaurants, hotels, real estate offices, and many other locations.

Buying a home may be the largest and most complex financial transaction you ever undertake. If you’re ready to buy a home, wouldn’t you prefer to work with the most qualified real estate professional you can find? Jeff Mikolajow is an Accredited Buyer's…

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We have just listed 12 Lake Adams Place SE for sale in the popular Calgary community of Lake Bonavista!

View the full listing details including pictures, Google Map information and more! MLS® C3480522

Lake Bonavista Bungalow with Quiet Location!
Calgary Lake Bonavista MLS® REALTOR® listings for saleFantastic Quiet Location! Super Value! Close to major transportation routes, shopping, recreational facilities, amenities. Live in this beautiful lake community and enjoy nearby fabulous Lake Bonavista. The master 3-piece bath and the 4-piece bath upstairs have been recently beautifully renovated. Home is spacious with three bedrooms up, lovely sunken living room with wood burning fireplace, dining room and kitchen with eating nook overlooking lush back yard with patio and deck. Enjoy the lilacs from your…

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