Continued Low Supply of Inventory Favours a Seller’s Market
Since the winter months, there has been a noticeable improvement in sales and new listings, as is often the case with the arrival of the Spring market, with both up 58% and 87% respectively since last month. However, they have yet to reach the high levels in 2022.
Sellers vs. Buyers - Both Think They Have The Upper Hand
Sellers and buyers have conflicting perspectives on the current condition of the market and how it will unfold in the coming months.. With buyers citing the increased borrowing costs, stricter lending criteria, and reluctance to purchase should bring prices down. Meanwhile, sellers feel the im...
Cochrane Market Remains Strong Heading Into Spring
The Cochrane market has been showing some interesting trends lately. As of February the average home price in Cochrane is $492,900. This represents a 2.5% increase compared to the same period last year. inventory levels have also been on the rise in Cochrane, and while February levels are double wh...
The Canmore real estate market remains highly sought after, with inventory continuing to be lower than historical standards. This has prevented a significant adjustment in prices since the Pandemic highs, maintaining a competitive market for buyers.
Recent data from the Calgary Real Estate Board (CREB) s...
Calgary housing market expected to stabilize in 2023
The Calgary Real Estate Board (CREB®) has released its 2023 Forecast Calgary and Region Yearly Outlook Report. The report, which is prepared by CREB® Chief Economist Ann-Marie Lurie, provides a detailed analysis of the economic and housing market trends in Calgary and surrounding areas for the upc...
Selling your home can be an emotional experience. In fact, a real estate transaction can be one of life’s top stressors. Under some circumstances, some sellers may wish to handle the sale of their home on their own. While an FSBO may have some pros, it also has its cons. With all the many different moving parts involved in selling a home, here are...