Real Estate Blog

Housing market activity in May remained slow, but sales exceeded the lows from April, which saw less than 600 sales in Calgary.

May sales totalled 1,080 units, a 44 per cent decline from last year's figures.

"The initial shock of COVID-19 and social distancing measure is starting to ease. This is bringing some buyers and sellers back to the market. However, this market continues to remain far from normal and prices are trending down," said CREB® chief economist Ann-Marie Lurie.

"Activity has also shifted toward more affordable product, which is likely causing differing trends depending on product type and price range."

Sales are down in all price ranges, but a greater share of sales are priced below $500,000.

In the higher price ranges the

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Centro 733 is a 90 unit, 16 storey concrete tower. Originally built in 1967 as a rental building Centro 733 underwent a complete overhaul in 2006 (including electrical and mechanical) and was sold as urban condos. Residents enjoy a recently renovated lobby, gym and party room. You are walking distance to all the action, shops, and restaurants on 17th Avenue with easy access to 14th Street and McLeod Trail.

Search all condos available for sale in Centro 733 below

Selling your Condo in Centro? With extensive Inner City Condo sales experience, an Inner City office location, an understanding of the intricacies of the Calgary Condo market and a far reaching marketing plan focused on condos just like yours we are the right choice for the job. If you

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Has your home been on the market longer than expected? If so, that’s ok…a lot of homes have. There are a few things you can do to spruce up your listing, expose it to a different demographic of buyer and hopefully get an offer:

1. Get rid of winter photos:The snow is gone, the grass is green (at least it will be after the rain this week) and the flowers + trees are starting to bloom. Now is the perfect time to get the photographer back for some fresh exteriors. Many photography companies offer a seasonal update package.

2. Change up the listing description: We know that buyers look for homes in different ways; some only care about the pictures, others need to view a 3D tour before they will even step foot in a home and others study the listing

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Arriva is a collection of 164 condos ranging from 740 Sqft 1 bedroom floor plans to incredible 2700+ SqFt 1/2 floor units with private elevator access. Completed in 2008 residents enjoy 24 hour concierge/security, guest suite and party room in a central Betline/Victoria Park location.

Search all condos available for sale in Arriva below

Selling your Condo in Arriva? With extensive Inner City Condo sales experience, an Inner City office location, an understanding of the intricacies of the Calgary Condo market and a far reaching marketing plan focused on condos just like yours we are the right choice for the job. If you are thinking of selling immediately or just curious about the current value of your home we would love to meet you for a no

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  1. Being in a rush: When we are in a rush, we make hasty decisions. Hasty decisions aren’t typically smart decisions. Take your time when buying a home, learn the market, do your due diligence and take the process seriously.
  2. Not knowing who is on your team: A great Realtor, a great Mortgage Broker, a great Home Inspector and a great Lawyer are just a few of the professionals who will make this process as smooth as possible and educate you along the way. As a first-time buyer lean on their experience to help you make the right decision.
  3. Thinking you can get a better deal if you go direct to the listing agent: Did you know the seller’s contract with the listing agent clearly states that the agent’s fiduciary duty is to the seller? Working with a
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Emerald Stone is a 161 unit concrete tower in the heart of Calgary's Beltline. Just steps to Mount Royal Village and the famous Red Mile. Residents enjoy immaculately kept common areas (newly renovated fitness centre + common room with big screen TV and pool table) and a walkable DT lifestyle. Consisting of mostly 2 bedroom/2 bathroom apartments with a few one bedroom units mixed in. Units range from 650-ish SqFt for a one bed condo to 3000+ SqFt for two amazing 23rd floor penthouse units. Most 2 bed/2 bath units are 850-880 SqFt.

Search all condos available for sale in Emerald Stone below

Selling your Condo in Emerald Stone? With extensive Inner City Condo sales experience, an office location ten blocks from your building, an understanding

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After the first full month with social distancing measures in place, the housing market is adjusting to the effects of COVID-19.

April sales hit 573 units, a decline of 63 per cent over last year.

"The decline in home sales does not come as a surprise. The combined impact of COVID-19 and the situation in the energy sector is causing housing demand to fall," said CREB® chief economist Ann-Marie Lurie.

"Demand is also falling faster than supply. This is keeping the market in buyers' territory and weighing on prices."

Sales activity eased across all price ranges, but the largest declines were for homes priced above $600,000.

With a greater share of the sales occurring in the lower price ranges, the average price decline was more than eight per

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Dear Salespeople, please listen to your customers.

In the midst of the C19 lockdown we received an inquiry through our website from a couple wanting to view our listing in Valley Ridge. We explained the C19 protocols we have in place and asked a number of qualifying questions (9, actually). They let me know they had been self-isolating for about a month, were practicing social distancing and would appreciate if I respected their distance as well. I assured them we were on the same page.

A couple more emails later we found out they were downsizing, had sold their acreage 90 mins outside of town and were planning on seeing our listing and another condo in the Currie Barracks at the same time. We made an appointment to view the condo the next day.

The

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The Royal built by BOSA and completed in 2019 soars 34 stories high and features 225 condo units. Residents enjoy underground parking, common roof garden with fire pit, squash courts, fitness centre, sauna and outstanding views from the upper floors. A mix of 1, 2 and 3 bedroom apartments ranging from approx 540 SqFt to nearly 2000 some with massive private terraces in an ideal Beltline location.

Search all condo available for sale in the Royal below.

Selling your Condo in The Royal? With extensive Inner City Condo sales experience, an office location eight blocks from your building, an understanding of the intricacies of the Calgary Condo market, keen negotiating skills and a far reaching marketing plan focused on condos just like yours we are

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After a strong start to 2020, economic conditions have dramatically changed, as COVID-19 is impacting all aspects of society.

The economic impact is starting to be felt across many industries. This includes the housing market.

March sales activity started the month strong, but quickly changed, as concerns regarding the spread of COVID-19 brought about social distancing measures. This had a heavy impact on businesses and employment.

“This is an unprecedented time with a significant amount of uncertainty coming from both the wide impact of the pandemic and dramatic shift in the energy sector. It is not a surprise to see these concerns also weigh on the housing market,” said CREB® chief economist Ann-Marie Lurie.

By the end of March, sales

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