Market moves toward balanced conditions
Posted by Jeff Mikolajow on
From the Calgary Real Estate Board:
Growth in new listings outpace sales growth in July, supporting double-digit inventory gains
Residential sales this month totaled 2,336 units, a record level for July activity. However, year-over-year sales growth slowed to 3.18 per cent.
"While July's sales growth seems like a dramatic departure from the double-digit gains recorded in the first half of this year, it is in comparison to exceptionally strong sales during the same period last year," said CREB® chief economist Ann-Marie Lurie, noting July sales this year are nearly 19 per cent above long-term averages for the month.
New listings in July totaled 3,219 units, an 18 per cent increase over the previous year. The rise outpaced sales growth during…
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Bright, 3 bedroom bungalow on a beautifully tree-lined street in Westgate - close to downtown, shopping and LRT. Kitchen has been renovated with new cabinets, stainless appliances, backsplash and granite countertops. Gleaming hardwood throughout the main floor. Up and down, bathrooms have been fully updated with new vanities, toilets, tub and shower enclosures. Fully developed basement with huge family room, bedroom and den (could be another bedroom!) You will enjoy relaxing in the private back yard under the mature trees!…
Sales improve as consumers have more choice
Lovely big bungalow with two bedrooms on the main floor. Master has been enhanced with large armoire room and the en-suite bathroom is beautiful with two sinks, soaker tub, fabulous shower with two shower heads & toilet. Enjoy the flow of the living, dining with sun tunnel skylight for natural light, large stylish kitchen with granite countertops and high quality appliances including new gas stove. Adjacent family room has gas fireplace with majestic, tall ceramic tiled feature wall, wired surround sound and garden doors…
Bright and sunny corner unit in popular Caledonia on the Waterfront in McKenzie Towne! Two bedrooms and 2 full baths! Pet-friendly (with board approval) building. Granite countertops in kitchen and baths, maple cabinets and ceramic tile floors. Master bedroom has 4 piece ensuite and walk-in closet. In-suite laundry with included washer & dryer. Kitchen and dining rooms face west and are bright and sunny with easy access to balcony. Heated underground parking. Building has social areas in lobby, a party room and plenty of…
Jayman 4 level split on quiet culdesac in Copperfield! Large pie-shaped lot give you the yard & personal space you're looking for! Gleaming hardwood floors and brand new carpet throughout! Main floor is bright & sunny - tall, vaulted ceilings in living, dining and kitchen areas. Maple cabinets and island are great for entertaining! Master bedroom ensuite with corner soaker tub and shower. 3rd level is above grade with walk-out to back yard, 4 piece bath and 3rd bedroom. Basement is undeveloped but has large windows…
Price gains encouraging new listings
This beautiful family home in Montgomery is modern, bright and welcoming! Corner lot with sunny SW back yard, deck and double garage. Main floor is spacious with 9' ceilings and beautiful hardwood throughout. Stunning kitchen with granite countertops, lots of cabinet space, island and eating bar overlooks the dining area and living room. - great for entertaining! Relax in the master bedroom - unwind in the jetted soaker tub or spend some quiet time on the balcony. Also upstairs are two more bedrooms, laundry and a small nook - perfect…
Big bungalow in good location. Large west back yard with lots of space for RV parking and big garage. This spacious bungalow has four bedrooms and two baths, with a 4-piece master en-suite, big bright living room, dining room with slider to deck, kitchen with eating nook and adjacent family/flex room. Kitchen cabinets are white and have been recently lacquered. Bosch dishwasher. Shingles on roof just re-done. Hi efficiency Bosch washer. Hardwood throughout most of main floor. Basement generally undeveloped and is huge, waiting for you…