Blog | Elena Stepanenko - Your Realtor For Life

Job market weakness and lending restrictions a common thread in 2018’s housing market

January 7th, 2019

City of Calgary, January 2, 2019 – As oversupply continues in Calgary’s housing market, December prices eased by one percent compared to last month and are over three percent below last December. “Persistent weakness in the job market and changes in the lending market impacted sales activity in the resale market this year,” said CREB®…

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Challenging economic conditions continue to impact the resale market

December 3rd, 2018

City of Calgary, December 3, 2018 – Sitting below long-term averages, November sales in the city totaled 1,171 units. For the year so far, sales activity has totaled 15,349 units, a 14 percent decline over last year and nearly 20 percent below long-term averages. “Recent challenges in the energy sector have weighed on consumer confidence over the…

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Oversupplied market weighs on prices

November 5th, 2018

November 01, 2018 Elevated inventory levels compared to sales, are causing prices to ease further in Calgary’s housing market. Citywide benchmark prices totaled $426,300 in October, trending down for the fifth consecutive month and resulting in a year-over-year decline of 2.9 percent. “Job growth in this city remains a concern, as unemployment levels remain well…

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Family Halloween Events in Calgary

October 17th, 2018

Halloween means trick-or-treating and CANDY for all those excited kids! Local malls in the Calgary area often offer indoor trick-or-treating, and it’s a great alternative for younger children. October 31, 2018 Trick-or-Treating: North Hill Centre is offering Halloween Trick or Treat from 4 – 5 pm. Sunridge Mall is having a Halloween Event that consists of two…

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Happy Thanksgiving!

October 8th, 2018

Posted By: Elena Stepanenko
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