Elena Stepanenko - Your Realtor For Life
Calgary Real Estate News

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

Auburn Bay Townhouse

May 14th, 2018

This, spacious 950 sq.ft. two bedroom with attached garage, townhouse is located in Desirable and Secure SE Lake community of Auburn Bay. Unit is all on one upper level, the garage is down on the lower level. Open concept kitchen and living room, great balcony and nice patio. The main bath has a stackable laundry…

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  • Posted By: Elena Stepanenko
  • Comments Off on Auburn Bay Townhouse
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