Blog | Elena Stepanenko - Your Realtor For Life

2018 Calgary Economic & Housing Outlook

February 13th, 2018

FORECAST SUMMARY THE HOUSING MARKET IS EXPECTED TO CONTINUE MOVING TOWARDS RECOVERY IN 2018, BUT CHALLENGES REMAIN. Housing market conditions are expected to remain relatively unchanged in 2018, as the impact of higher lending rates and stricter lending criteria are o set by modest improvements in the economic climate. Recent changes may have prolonged the…

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3603 19 Avenue SE

February 7th, 2018

This, renovated, 4 bedrooms and 2.5 bathrooms, corner lot bungalow, is located minutes to Downtown, Deerfoot trail, schools, shopping and transit and offers beautiful kitchen with lots of cupboard space, large living room, bright dinning room and a large master bedroom with 2pc ensuite. This home also has a fully finished basement with large family…

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Housing Market Déjà Vu in January

February 2nd, 2018

As expected, Calgary sales activity similar to last year Jan. 2018 City of Calgary, February 1, 2018 – The new year opened predictably, with monthly figures close to the Januarys of the past three years. With new mortgage rules and rates officially in effect, sales activity in January remained comparable to last year, as rising…

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Two Sides of the Story. December sales activity rises again but so does supply.

January 8th, 2018

City of Calgary, January 2, 2018 – Sales activity for all product types improved in December and pushed monthly sales to long-term averages for the second month in a row. However, new listings also rose, keeping inventory elevated compared to typical levels for December. With more supply remaining compared to sales, benchmark prices edged down…

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November marks a rise in sales.

December 5th, 2017

City of Calgary, December 1, 2017–The November housing market was spurred by a rise in sales, particularly in the lower price ranges. Sales totaled 1,411 units in November, an increase of 15 per cent over last year. This is comparable to longer-term averages for the month of November. Improved sales activity occurred in each of…

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