May Real Estate Market Update 2022

Yes! We are cheering for our hometown hockey team. They are keeping us on the edge of our seats at times but GO FLAMES GO!!!

Although it seems totally unrelated, when they are winning, Calgary real estate is also winning a little bit more than usual. 

The Calgary Flames have advanced to the next round and this will help advance real estate prices and sales. It all feels really good and that helps. The sentiment is one of the very important factors that drive the market. When a city is feeling good and the home team is winning, it drives traffic up. 

On our websites, marketing activity overall, and showings but….

When it gets close to game seven and things are intense it slows things down.

The punchline:

Knowing what affects real estate and what doesn’t is really important. The market overall is moving forward and so is our hometown hockey team. Great job Flames. This means that at the beginning of the next series and for the next 7 or so days, it’s a great time to list. But as we get closer to the end of the series and better yet, closer to the Stanley Cup remember that activity levels will slow down. So be conscious of when you list your home. Listing on the day of game seven isn’t the best strategy but making an offer when everybody else is seemingly distracted is probably a good consideration.

For anything and everything else in regard to strategy when it comes to buying and selling please ask! We are here to help and if you’d like a full stats package or a customized strategy to support your real estate decisions please let us know!

Call, text, we are on standby and probably not watching hockey as much as we are working on real estate. (-;

For the detailed market statistics from the Calgary Real Estate Board for April 2022 click HERE. Contact us directly for the stats on Airdrie, Cochrane, Rockyview, Bighorn, or other areas in the Calgary region.

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