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."

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Saturday, May 31, 2014 - Just Sold - C3607883

Just sold this listing:"OPEN HOUSE: SUNDAY, APRIL 27th from 2pm-4pm! Nestled away in a quiet crescent in the popular community of West Springs this fully finished 4 bedroom and 3.5 bathroom home is just the one you've been looking for! Highlights of the main floor include hardwood floors, granite counter tops, a spacious kitchen with island, stainless steel appliances with gas stove, 9' ceilings with 3 skylights in the living room featuring a gas fireplace, spacious walk through pantry and a ... Full Article...
   posted in Listings at Sat, 31 May 2014 06:00:00 -0600

Friday, May 30, 2014 - Just Sold - C3615439

Just sold this listing:"A rare 3 bedroom bungalow with nearly 2000 square feet above grade located across the street from South Glenmore Park in the mature neighbourhood of Oakridge Estates! Situated on a large corner lot, this home has been wonderfully renovated with an open concept and features gorgeous hardwood floors, a new two tone kitchen with high end stainless steel appliances, quartz counter tops, a huge island with gas cook top perfect for entertaining. Open to the kitchen, the living ... Full Article...
   posted in Listings at Fri, 30 May 2014 06:00:00 -0600

Thursday, May 29, 2014 - New Listing - C3618151

Just added this listing:"Open House has been CANCELED. You won't want to miss this fully updated 2 storey home in Sandstone. The main floor has a front entry, kitchen with newer cabinets and counter tops, black appliances and an eating area. A 2 piece bathroom with updated vanity and good sized living room complete the main floor. The living room has a corner gas fireplace and French doors that let in plenty of light and open up to your back deck and fenced yard. Upstairs you will find 3 ...
   posted in Listings at Thu, 29 May 2014 06:00:00 -0600

Tuesday, May 27, 2014 - New Listing - C3617762

Just added this listing:"Here's an outstanding renovated five bedroom bungalow located on a quiet cul de sac just steps for the LRT in the wonderful southwest community of Canyon Meadows! This home features an open floor plan on the main level with birch hardwood floors, a newer kitchen with breakfast eating bar, a wood burning fireplace in the dining area, newer light fixtures, a common four piece bathroom and three large bedrooms including the master with a private two piece ensuite. The ...
   posted in Listings at Tue, 27 May 2014 06:00:00 -0600

Sunday, May 25, 2014 - Just Sold - C3612704

Just sold this listing:"Enjoy this sunny, west facing top floor corner unit with views of downtown in the quiet inner-city community of Erlton! This bright and spacious 2 bedroom and 2 bathroom condo has an open concept with 9' ceilings that makes it feel very spacious. Featuring many upgrades including maple cabinets with breakfast bar, stainless steel appliances, stone-faced fireplace and a top floor benefit of a skylight in the master ensuite. The corner unit provides the opportunity for two ... Full Article...
   posted in Listings at Sun, 25 May 2014 06:00:00 -0600

Sunday, May 25, 2014 - Just Sold - C3616799

Just sold this listing:"Open House Sat. May 24, 2:00 to 4:00. This home screams pride of ownership. The moment you walk in you will notice how meticulously this home has been cared for. The main floor is very open with the kitchen, living room, and dining area. The kitchen features a corner pantry and large island with eating bar, and dining area with patio doors that lead to the sunny backyard complete with large deck with extra support, gazebo, and pond. The living room is open to the kitchen ... Full Article...
   posted in Listings at Sun, 25 May 2014 06:00:00 -0600

Thursday, May 22, 2014 - New Listing - C3616799

Just added this listing:"Open House Sat. May 24, 2:00 to 4:00. This home screams pride of ownership. The moment you walk in you will notice how meticulously this home has been cared for. The main floor is very open with the kitchen, living room, and dining area. The kitchen features a corner pantry and large island with eating bar, and dining area with patio doors that lead to the sunny backyard complete with large deck with extra support, gazebo, and pond. The living room is open to the ...
   posted in Listings at Thu, 22 May 2014 06:00:00 -0600

Saturday, May 17, 2014 - Just Sold - C3614126

Just sold this listing:"Don't miss this great opportunity to own this wonderful 2 storey walkout home located on a quiet cul de sac with a huge and sunny pie shaped lot with southwest exposure backing onto green space with a playground! This four bedroom and three full bathroom home features cathedral ceilings, skylight a spacious kitchen with corner pantry, breakfast bar and a family room with patio doors that lead to a large balcony offering mountain views. The lower level has a large rec ... Full Article...
   posted in Listings at Sat, 17 May 2014 06:00:00 -0600

Saturday, May 17, 2014 - Just Sold - C3614147

Just sold this listing:"Come see this immaculate 4 bedroom and 2.5 bath, two storey home with basement development on a quiet street in the popular southwest community of Evergreen! The main floor features a bright and spacious living room with a stainless surround gas fireplace, a large kitchen with plenty of cabinetry, added counter space on the kitchen island, breakfast eating bar, decorative tile back splash and is open to the dining area perfect for entertaining guests. Upstairs there are ... Full Article...
   posted in Listings at Sat, 17 May 2014 06:00:00 -0600

Wednesday, May 14, 2014 - New Listing - C3615439

Just added this listing:"A rare 3 bedroom bungalow with nearly 2000 square feet above grade located across the street from South Glenmore Park in the mature neighbourhood of Oakridge Estates! Situated on a large corner lot, this home has been wonderfully renovated with an open concept and features gorgeous hardwood floors, a new two tone kitchen with high end stainless steel appliances, quartz counter tops, a huge island with gas cook top perfect for entertaining. Open to the kitchen, the ...
   posted in Listings at Wed, 14 May 2014 06:00:00 -0600

Monday, May 12, 2014 - New Listing - C3615178

Just added this listing:"Welcome to this cozy 2 storey, 3 bedroom end unit. The open concept main floor boasts brand new laminate flooring. You will immediately feel at home in the spacious living room leading to the private yard and patio. The bright kitchen and dining room are perfect for entertaining. Upstairs, you will find 3 good-sized bedrooms and the large bathroom. The washer and dryer are also located upstairs for your laundry convenience. This would be the perfect "starter" home. ...
   posted in Listings at Mon, 12 May 2014 06:00:00 -0600

Thursday, May 8, 2014 - New Listing - C3614126

Just added this listing:"Don't miss this great opportunity to own this wonderful 2 storey walkout home located on a quiet cul de sac with a huge and sunny pie shaped lot with southwest exposure backing onto green space with a playground! This four bedroom and three full bathroom home features cathedral ceilings, skylight a spacious kitchen with corner pantry, breakfast bar and a family room with patio doors that lead to a large balcony offering mountain views. The lower level has a large rec ... Full Article...
   posted in Listings at Thu, 08 May 2014 06:00:00 -0600

Thursday, May 8, 2014 - New Listing - C3614263

Just added this listing:"A great opportunity to own a fantastic condo with lake privileges in the popular lake community of Crystal Shores! This unit with one bedroom + den features maple kitchen cabinets, breakfast eating bar, black appliances, 9' ceilings, in-floor heating, in-suite laundry, a walk through closet to the cheater en-suite and a balcony for enjoying that summer sun. This unit also comes with underground, heated parking (located close to underground wash bay, a storage unit and ... Full Article...
   posted in Listings at Thu, 08 May 2014 06:00:00 -0600

Thursday, May 8, 2014 - New Listing - C3614147

Just added this listing:"Come see this immaculate 4 bedroom and 2.5 bath, two storey home with basement development on a quiet street in the popular southwest community of Evergreen! The main floor features a bright and spacious living room with a stainless surround gas fireplace, a large kitchen with plenty of cabinetry, added counter space on the kitchen island, breakfast eating bar, decorative tile back splash and is open to the dining area perfect for entertaining guests. Upstairs there are ... Full Article...
   posted in Listings at Thu, 08 May 2014 06:00:00 -0600

Saturday, May 3, 2014 - Just Sold - C3610288

Just sold this listing:"Welcome to this beautiful and bright Cedarglen built 'Murano B' model. This home features an open concept plan with 11 foot ceilings on the main floor. As you first enter the roomy foyer, you will find the flex room which can be used as an office or a formal dining room. The kitchen boasts black appliances, dark cupboards, walk-thru pantry and a large central island. The kitchen is situated by the dining and living room with a gas fireplace - perfect for family ...
   posted in Listings at Sat, 03 May 2014 06:00:00 -0600

Saturday, May 3, 2014 - Just Sold - C3611182

Just sold this listing:"Welcome to this one of a kind uniquely designed 2 storey home located in the heart of the family community of New Brighton. This Beattie 'Jasper I' model features an open concept plan. The kitchen features black appliances, pine cupboards, a large central island with raised eating bar and a walk-through pantry. The main floor den can function as an office or playroom. The vaulted ceilings and the pine mantle fireplace in the living room make it cozy for entertaining. You ... Full Article...
   posted in Listings at Sat, 03 May 2014 06:00:00 -0600

Thursday, May 1, 2014 - New Listing - C3612517

Just added this listing:"OPEN HOUSE: MAY 17th 2:30-4:30pm! This 3 bedroom and 2.5 bath home shows pride in ownership and is situated on a large pie lot with RV parking on a quiet street in the wonderful community of Thorburn! Highlights of this home include hardwood floors, vaulted ceilings, large kitchen with plenty of cabinets and island for added counter space as well as a corner gas fireplace in the family room. The three bedrooms are quite spacious including the master which has plenty of ... Full Article...
   posted in Listings at Thu, 01 May 2014 06:00:00 -0600

Thursday, May 1, 2014 - New Listing - C3612704

Just added this listing:"Enjoy this sunny, west facing top floor corner unit with views of downtown in the quiet inner-city community of Erlton! This bright and spacious 2 bedroom and 2 bathroom condo has an open concept with 9' ceilings that makes it feel very spacious. Featuring many upgrades including maple cabinets with breakfast bar, stainless steel appliances, stone-faced fireplace and a top floor benefit of a skylight in the master ensuite. The corner unit provides the opportunity for ... Full Article...
   posted in Listings at Thu, 01 May 2014 06:00:00 -0600

1 - 18 of 18

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