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CREB®'s Q2 2022 Housing Market Report

City of Calgary, August 16, 2022 – Within the city of Calgary, housing sales totalled 18,694 units in the first half of 2022, with sales in the second quarter nearly matching the record high pace set in the first quarter of the year.

“This doesn’t come as a surprise as consumers were eager to get into the market ahead of rate gains while they still had low pre-approval rates,” said CREB® Chief Economist Ann-Marie Lurie.

At the same time, new listings struggled to keep pace leaving inventories relatively low and the months of supply relatively tight. This resulted in prices trending up in the…

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Say you’re shopping for a new home. Your goal is to find the ideal property, in a neighbourhood that is just right for you, within a price range that you can afford.

What do you need — at a minimum — to get started?

If you’re looking for ways to get your ducks in a row, here are some things to prepare:

 

  1. A property wish list. What does your ideal home look like? How many bedrooms does it need to have? Do you require a spacious recreational room? A large deck? A pool? A nice view? Get your wish list down on paper.
  2. A neighbourhood wish list. Where you live is just as important as what you live in. What qualities are you looking for in a neighbourhood? A nearby park? Walking distance to a good school? Hiking trails? A shorter drive…

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JUST LISTED

10 Acres in Airdrie, AB, Highway 2 Frontage, Huge potential for future rezoning, Custom walk-out bungalow, 2286+2227 Sq. Ft. of living space!, 4 bedrooms, 3 bathrooms, Oversized, heated attached double garage!,$3,495,000.00. MLS A1241203

Call/message us for more details: 403-681-0319

 

 

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With the high cost of necessities like food and gas, it’s no surprise that fun outings can take a back seat to essential purchases.

But there are a few tricks to help save on your favourite splurges even when you’re on a tight budget. Here are some ideas:

BYOB You might know the concept of “bring your own,” from party invitations, but with some variation it can help you save on an evening out. In fact, many restaurants now let you bring your own wine. They may charge an uncorking fee, but it will most likely still be cheaper than a restaurant bottle. See if it’s an option at your favourite place.

Pack a lunch Apply the bring your own concept to other events, like carry a picnic to your favourite attractions so you’re not forking out for…

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It’s interesting to note how so many things have their “season.” Hockey in the winter. Vacations in the summer. Gardening in the spring. Even retirement reportedly occurs more often in the fall than any other time of year.

To some extent, even real estate seems to have a season. The spring is traditionally an active time for home sales. But, does that mean you should wait until spring to list your home?

Here’s the reality...

Properties sell all year round. There are buyers actively looking for homes at all times of the year. In fact, there are bound to be buyers that would be interested in your home if you were to list it this month. While it’s true that the market may fluctuate throughout the year, with some months featuring higher or lower…

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Wondering how the real estate market is doing lately? Here are the July 2022 Monthly Statistics.

Give us a call or message if would like more info 403-681-0319

 

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