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June Real Estate Update 2020

Although May saw a large increase in activity, Calgary real estate sales are still down 44 percent from May of 2019.  As COVID19 and the restrictions around it begin to ease, the market has continued to pick up in both … Read More

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May Real Estate Update 2020

The coronavirus has had a massive impact on real estate sales in Calgary from mid-March through April. March sales volume started quite strong, however, the closing of stores and services combined with social distancing measures dramatically decreased real estate activity.  … Read More

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April Real Estate Update 2020

Real estate agents are considered essential service providers during the COVID-19 pandemic by the Alberta provincial government. However, this does not mean that real estate continues as normal. Calgary real estate had a reasonably strong start in 2020 but, as … Read More

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December Real Estate Update 2019

The November stats are out, but they are not that important.  Similar to the stock market or mutual funds, the incremental different month-over-month does not matter unless you’re buying or selling right now. It’s the long term trends that are … Read More

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November Real Estate Update 2019

For a clear perspective on the real estate market, you have to look beyond the headline. Although sales activity in October improved by nearly 10 percent compared to last year, the economy and the results of the election are having … Read More

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October Real Estate Update 2019

September stats show that for the third consecutive month, the year-over-year data shows improved sales activity and the ease of new listings and inventory. However, the benchmark price is still 25% lower than last year. This trend is showing stabilization … Read More

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September Real Estate Update 2019

Schools back in session and the real estate market is picking up. August stats show an increase in sales and a reduction of new listing inventory. This will continue the trend toward balanced market conditions. Sales improved 6% compared to … Read More

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