Calgary Flood 2013 - As a Realtor working with Buyers over the years I’ve come to realize that privacy is of the utmost importance when Buyers are shopping for homes. They love the idea of having plenty of trees in the back yard, lattice up on the decks and a garage they can drive their car into with a remote that they can close before stepping out of the car. Who really wants to have a neighbourly conversation with a grumbling stomach about the weather after a long day at work anyways? Our homes have become our castles and if the city would allow us to build a moat around our property line I’m sure some Buyers would hire the services of a backhoe on the day of possession. I must admit that I’m pretty guilty of this behavior as well after realizing my neighbour across the street speaks with a British accent (We’ve been neighbours for over three years, but what took HIM so long to say hello?). Let’s face it, we live in a world where the Block Parent signs have disappeared and none of us really have a neighbour named “Wilson” that we can confide in on the other side of the fence in our back yard. However, over the past week in Calgary and the surrounding towns I was absolutely floored by how neighbours tore down those walls, unlocked the doors and updated their Facebook status with “We’ll leave the light on for you” like a Motel 6 advertising campaign. Neighbours owning pickup trucks were seen peeling their bumper stickers that read “Yes, this is my truck. No, you can’t borrow it” and replacing them with “Here to help!” We witnessed farmers ditching their fields and picking up stranded neighbours with their combines and in return helicopters were seen herding cattle to higher ground (which I think should become an event at this year’s Calgary Stampede, can you imagine?). What really impresses me is that nearly 100,000 Calgarians were evacuated and displaced, but only roughly 1,500 showed up to the number of emergency shelters across the city. In a city where it’s sometimes impossible to find a born and raised Calgarian (with no shortage of Leafs fans) almost everyone had somewhere to go thanks to the kindness of friends and strangers. We stood centre stage with the world watching (minus Anderson Cooper) and we passed with an A+! Our report card would simply say “Likes to help others”. Thanks Calgary for staying classy, standing tall and keeping the faith! Now, let’s “Cowboy Up”, it’s time for Stampede!

Calgary, Sept. 4, 2012 – Following several months of higher than expected sales growth, Calgary residential sales in August totaled 1,725 units, a 10-per-cent increase over last year.

“While the sales grow remains strong, it is slower than previous five months in part due to the lack of new listings in the City’s single family market,” said Bob Jablonski, CREB® President.  “With fewer products to choose from, many consumers are holding off on transacting or turning to surrounding towns, the new home market and condominiums.”

New listings within the City of Calgary total 2,585 units in August, down 13 per cent from one year ago and down more than four per cent on a year-to-date basis.  Meanwhile, new listings in the surrounding towns have improved by nearly 10 per cent after the first eight months of this year.


“Improving choice, affordable prices, combined with lifestyle factors and the lack of choice in the single family market within city limits, have driven sales growth in towns surrounding the city,” said Jabslonski.  “In general, the area has witnessed sales activity that is comparable to peak sales activity.”

Single family sales totaled 1,169 in August 2012, six per cent above levels recorded in 2011.  Meanwhile, new listings declined by 14 per cent on a year-over-year basis over the same time frame.  This year, demand has far outpaced new additions to supply in the single-family market, causing a significant depletion of standing inventories.  However, the recent decline in sales growth helped ease the pressure on the market, as months of supply have risen to levels more consistent with balanced territory.

While sales growth activity did cool, the upward price pressure on single family homes will not likely ease until the fall.  As of August, the benchmark price for a single family home was $432,600, an eight-per-cent increase over August 2011 levels.  The increase may seem significant, but the prices have leveled off compared to the previous month and remain nearly $20,000 below peak levels recorded in July 2007.

August sales in both condominium apartment and townhouse units recorded year-over-year growth that outpaced the single family market.  Year-to-date apartment sales have improved by nearly 10 per cent over 2011, while the level of new listings remained at levels similar to last year.  The improvement in sales relative to new listings has helped reduce the elevated inventory levels, keeping this market in balanced territory.

The benchmark price of a condominium apartment for the month of August was $248,700, a 3.6-per-cent increase over the previous year.  Meanwhile townhouse style condominiums had a monthly benchmark price of $278,200, only a 2.5-per-cent increase.  While the upward momentum is a signal of continued recovery in the condominium market, the benchmark price for condominiums remains nearly 16 per cent below peak levels.


“Some continue to foresee a scenario where price declines are looming in the local housing market, especially given national trends,” said Ann-Marie Lurie, CREB® Chief Economist.  “There is no question economic concerns can threaten our housing recovery. However, to date Calgary housing market consumers are exhibiting confidence evidenced through the pick-up in sales activity across all housing types.

“The rapid sales growth caused supply levels to drop, particularly in the single family market, resulting in price gains.  While we anticipate recent movements in the single family resale market will take some pressure off the higher-than-expected price growth, another city wide price correction is not expected given current economic growth expectations combined with one of the best affordability climates in the country."

1 - 19 of 19

Tuesday, March 26, 2013 - New Listing - C3559966

Just added this listing:"Over 1900 square feet of living space with plenty of upgrades located on a quiet cul de sac just down the street from the popular Inukshuk Park in the award winning community of McKenzie Towne! This home has all the upgrades including 9' ceilings, extended cabinetry in the kitchen with crown moulding, hardwood floors, gas fireplace in the living room, upgraded lighting fixtures, baseboards and much more! The main floor features a formal dining room, a den just inside ... Full Article...
   posted in Listings at Tue, 26 Mar 2013 06:00:00 -0600

Monday, March 25, 2013 - Just Sold - C3556761

Just sold this listing:"Enjoy beautiful unobstructed views of downtown Calgary from this professionally renovated executive style condo located in the popular southwest community of Prominence Patterson. This unit features granite counter tops, maple kitchen with a breakfast eating bar, stainless steel appliances, upgraded lighting fixtures, cork flooring and carpet throughout and a cozy wood burning fireplace in the living room. The sliding patio door will lead you to a large maintenance free ... Full Article...
   posted in Listings at Mon, 25 Mar 2013 06:00:00 -0600

Monday, March 25, 2013 - Just Sold - C3557827

Just sold this listing:"Don't miss this wonderful two storey home with three bedrooms and a double detached garage located on a quiet street in the community of Martindale!This home features new dark laminate floors in the spacious living room, stainless steel appliances in the kitchen with plenty of cabinets and counter space, a half bath on the main level and three generously sized bedrooms upstairs with a common four piece bathroom. The back yard is fully fenced with a huge deck for enjoying ... Full Article...
   posted in Listings at Mon, 25 Mar 2013 06:00:00 -0600

Saturday, March 23, 2013 - New Listing - C3559540

Just added this listing:"A rare opportunity to own a fully finished 3 bedroom and 2 full bathroom bi-level situated on a quiet street on a corner lot in the wonderful community of Evanston! This home has been renovated and features an updated kitchen and bath on the main level, vaulted ceilings, beautiful slate tile, dark engineered hardwood floors, upgraded lighting fixtures and much more! The lower level offers 625 square feet, is fully finished and features a large rec room perfect for a ... Full Article...
   posted in Listings at Sat, 23 Mar 2013 06:00:00 -0600

Friday, March 22, 2013 - Just Sold - C3556756

Just sold this listing:"Amazing opportunity to own a wonderfully renovated 2 storey home with 4 bedrooms and 2.5 baths on a quiet street in the award winning community of McKenzie Towne! You'll be impressed walking through the door when you see the high end kitchen renovation completed by Legacy Kitchens! Plenty of additional custom made cabinets and a huge kitchen island that provides the counter space often not found in other homes.Upstairs there are three spacious bedrooms and a completely ... Full Article...
   posted in Listings at Fri, 22 Mar 2013 06:00:00 -0600

Wednesday, March 20, 2013 - Just Sold - C3556852

Just sold this listing:"This home located on a quiet street with mature trees has been completely renovated inside and out and is move in ready today! Highlights of this home include newer roof and windows, new laminate flooring, new kitchen with dark mocha cabinets, stylish mosaic back splash with new counter tops and kitchen appliances, the bathroom has been completely renoed along with new doors, casings, baseboards and decorative lighting fixtures. There are three spacious bedrooms on the ... Full Article...
   posted in Listings at Wed, 20 Mar 2013 06:00:00 -0600

Tuesday, March 19, 2013 - New Listing - C3558808

Just added this listing:"Located just steps away from all the shops on 130th Avenue, this top floor unit in McKenzie Towne with 2 bedrooms and 2 full bathrooms with underground parking has been recently renovated and is move in ready! Renovations include new granite counter tops with undermount sinks, trendy glass mosaic tile back splash, stainless steel appliances, new carpet throughout, new lighting and upgraded plumbing fixtures and new hardware. This unit with open concept is quite bright ... Full Article...
   posted in Listings at Tue, 19 Mar 2013 06:00:00 -0600

Saturday, March 16, 2013 - Just Sold - C3553782

Just sold this listing:"Here is an excellent opportunity to own a fully renovated condo with some fantastic upgrades in an excellent location! This unit features laminate flooring throughout, granite counter tops in the kitchen and bathroom, new kitchen cabinets with a trendy subway tile back splash and the unit has just been recently painted! Other highlights of this unit include a cozy gas fireplace in the living room, large pantry and laundry room with upgraded front load washer and dryer, ... Full Article...
   posted in Listings at Sat, 16 Mar 2013 06:00:00 -0600

Saturday, March 16, 2013 - Just Sold - C3555004

Just sold this listing:"This wonderfully maintained 2 bedroom upper unit townhouse located in the quiet southwest community of Glamorgan is move in ready and has plenty of upgrades! Featuring hardwood floors throughout, gas fireplace in the living room, granite counter tops, modern lighting fixtures and newer maple cabinets in the kitchen and bathrooms. The main floor has an open concept and is quite spacious with a dedicated dining area, large living room featuring the gas fireplace and access ... Full Article...
   posted in Listings at Sat, 16 Mar 2013 06:00:00 -0600

Saturday, March 16, 2013 - Just Sold - C3556941

Just sold this listing:"This wonderful 2 storey home is in pristine condition and located on a quiet street with a sunny south facing back yard on a corner lot in the popular community of West Springs! The moment you walk through the front door you will notice the abundance of natural light and the pride in ownership this home exudes. The main floor features freshly refinished hardwood floors, granite counter tops throughout the kitchen including the huge island, stainless steel appliances with ... Full Article...
   posted in Listings at Sat, 16 Mar 2013 06:00:00 -0600

Saturday, March 16, 2013 - Just Sold - C3557131

Just sold this listing:"This home located in the award winning community of McKenzie Towne is in immaculate condition and is located on a quite cul de sac in the Village of Prestwick! Highlights of this home include pristine hardwood floors throughout the kitchen and dining area, maple cabinets, a spacious living room with an abundance of natural light, two very large bedrooms including a master with plenty of closet space and a 5 piece bath featuring a separate shower. Enjoy summer barbecues ... Full Article...
   posted in Listings at Sat, 16 Mar 2013 06:00:00 -0600

Thursday, March 14, 2013 - New Listing - C3558050

Just added this listing:"Come live in the prestigious community of Prominence Patterson situated on an 800 square meter corner lot with a sunny west facing, treed and fully landscaped back yard. This 4 bedroom custom home has over 3000 square feet above grade and is built to last with concrete roofing tiles, stucco exterior and new windows and exterior doors. Highlights include vaulted 18 foot ceilings, an artistic spiral staircase, new kitchen appliances in the spacious kitchen, wood burning ... Full Article...
   posted in Listings at Thu, 14 Mar 2013 06:00:00 -0600

Tuesday, March 12, 2013 - New Listing - C3557827

Just added this listing:"Don't miss this wonderful two storey home with three bedrooms and a double detached garage located on a quiet street in the community of Martindale!This home features new dark laminate floors in the spacious living room, stainless steel appliances in the kitchen with plenty of cabinets and counter space, a half bath on the main level and three generously sized bedrooms upstairs with a common four piece bathroom. The back yard is fully fenced with a huge deck for ...
   posted in Listings at Tue, 12 Mar 2013 06:00:00 -0600

Friday, March 8, 2013 - New Listing - C3557131

Just added this listing:"This home located in the award winning community of McKenzie Towne is in immaculate condition and is located on a quite cul de sac in the Village of Prestwick! Highlights of this home include pristine hardwood floors throughout the kitchen and dining area, maple cabinets, a spacious living room with an abundance of natural light, two very large bedrooms including a master with plenty of closet space and a 5 piece bath featuring a separate shower. Enjoy summer barbecues ... Full Article...
   posted in Listings at Fri, 08 Mar 2013 05:00:00 -0700

Thursday, March 7, 2013 - New Listing - C3556941

Just added this listing:"This wonderful 2 storey home is in pristine condition and located on a quiet street with a sunny south facing back yard on a corner lot in the popular community of West Springs! The moment you walk through the front door you will notice the abundance of natural light and the pride in ownership this home exudes. The main floor features freshly refinished hardwood floors, granite counter tops throughout the kitchen including the huge island, stainless steel appliances ... Full Article...
   posted in Listings at Thu, 07 Mar 2013 05:00:00 -0700

Wednesday, March 6, 2013 - New Listing - C3556756

Just added this listing:"Amazing opportunity to own a wonderfully renovated 2 storey home with 4 bedrooms and 2.5 baths on a quiet street in the award winning community of McKenzie Towne! You'll be impressed walking through the door when you see the high end kitchen renovation completed by Legacy Kitchens! Plenty of additional custom made cabinets and a huge kitchen island that provides the counter space often not found in other homes.Upstairs there are three spacious bedrooms and a completely ... Full Article...
   posted in Listings at Wed, 06 Mar 2013 05:00:00 -0700

Tuesday, March 5, 2013 - New Listing - C3556761

Just added this listing:"Enjoy beautiful unobstructed views of downtown Calgary from this professionally renovated executive style condo located in the popular southwest community of Prominence Patterson. This unit features granite counter tops, maple kitchen with a breakfast eating bar, stainless steel appliances, upgraded lighting fixtures, cork flooring and carpet throughout and a cozy wood burning fireplace in the living room. The sliding patio door will lead you to a large maintenance free ... Full Article...
   posted in Listings at Tue, 05 Mar 2013 05:00:00 -0700

Monday, March 4, 2013 - Just Sold - C3552892

Just sold this listing:"This spacious 3 bedroom bi-level home built in 1999 is situation on a huge lot with a sunny south facing back yard and is available for immediate possession. The main floor features a kitchen, nice sized living area, a four piece bathroom and the master bedroom. Downstairs there are two more bedrooms, an area perfect for a rec room and a two piece bathroom. The wrap around deck is perfect for those sunny summer days and entertaining guests. The attached garage is ...
   posted in Listings at Mon, 04 Mar 2013 05:00:00 -0700

Monday, March 4, 2013 - New Listing - C3556852

Just added this listing:"This home located on a quiet street with mature trees has been completely renovated inside and out and is move in ready today! Highlights of this home include newer roof and windows, new laminate flooring, new kitchen with dark mocha cabinets, stylish mosaic back splash with new counter tops and kitchen appliances, the bathroom has been completely renoed along with new doors, casings, baseboards and decorative lighting fixtures. There are three spacious bedrooms on the ... Full Article...
   posted in Listings at Mon, 04 Mar 2013 05:00:00 -0700

1 - 19 of 19

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