Elena Stepanenko - Your Realtor For Life
Calgary Real Estate News

Alberta Ballet is presenting the Sleeping Beauty from October 24 – 27, 2018. Alberta Ballet Where: Southern Alberta Jubilee Auditorium Address: 1415 14 Ave NW, Calgary, AB Website: www.albertaballet.com Is your family getting excited about ski season? The Calgary New and Used Ski Sale is October 19 – 21, 2018. Calgary New and Used Ski Sale: When: October 19 – 21, 2018 Time: 5…

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  • Posted By: Elena Stepanenko
  • Comments Off on What’s Happening in October? Events in Calgary This Month

City of Calgary, October 1, 2018 – With no change in the economic climate, Calgary’s sales activity totaled 1,272 units in September, a 13 percent decline over the previous year and well below long-term averages. There was a pullback in sales across all product types, most notably the detached market.   “Calgary’s economy continues to struggle…

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  • Posted By: Elena Stepanenko
  • Comments Off on Persistent buyers’ market continues

City of Calgary, September 4, 2018 – Easing sales, gains in new listings and elevated inventory levels continue to slow Calgary’s recovery in the housing market in August. Persistent oversupply in the Calgary housing market continued to weigh on prices in August. Citywide benchmark prices edged down over previous months by 0.8 per cent and are…

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  • Posted By: Elena Stepanenko
  • Comments Off on Unemployment rate slows housing market recovery

City of Calgary, August 1, 2018 – Recent struggles in the job market, accompanied by yet another interest rate increase, is piling on to the decisions potential purchasers have to make in the housing market.  The month of July saw 1,547 units sold in Calgary, nearly five per cent below last year. New listings eased to…

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  • Posted By: Elena Stepanenko
  • Comments Off on Patience required in Calgary’s housing market recovery

City of Calgary, June 1, 2018 – May sales activity continues to ease with the largest declines occurring in the detached sector. Additional gains in new listings continue to increase inventory levels.  City-wide sales activity in May totaled 1,726 units and is 19 per cent below last years’ levels. This is 24 per cent below longer…

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  • Posted By: Elena Stepanenko
  • Comments Off on Lending conditions weigh on housing demand
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